The Queensland government has committed a further $225 million to the state’s startup sector as part of a “whole-of-government” innovation agenda with 13 new initiatives.
Announced by premier Annastacia Palaszczuk on Monday, the funding adds to the $180 million previously pledged to the Advance Queensland program and will be a “centrepiece” of the state’s 2016-17 budget.
“I’m determined to make Queensland Australia’s innovation leader, which is why I have dramatically increased our investment and broadened our focus to embrace opportunities across the economy,” Palaszczuk says in a statement.
Image: http://www.startupsmart.com.au
