A market-leading pain management product and an autoimmune disease treatment are just two success stories that have got a head-start from the Australian Government’s Innovation Investment Fund.
Announcing that over $160 million in venture capital will be made available through four new funds, Innovation Minister Senator Kim Carr said venture capital is a critical element of an effective innovation system because it links research to world markets.
“The venture capital we are providing these fund managers today will help early-stage high-growth Australian companies commercialise their research. This will lead to new skills, jobs and trade opportunities that will grow our economy,” Senator Carr said.
To read the full, original article click on this link: Innovation Investment Fund Recipients | Government Grant Guru
