New IT grants scheme

New IT grants scheme

The South Australian government has launched a scheme to provide businesses and IT specialists with grants for research, development and distribution networks.

Funds from the World Congress on IT 2002 Financial Legacy Grants Scheme will be distributed through individual grants of up to $20,000 after two rounds of applications in June and August.

The applications will be considered by a review committee consisting of representatives from the SA government and the Australian Information Industry Association (AIIA).

Minister for Science and Information Economy, Jane Lomax-Smith, said the scheme was a great chance to help foster South Australia’s IT talent and would have great benefits for the sector.

“We are not just targeting industry elite, but employers and IT based youth or community programs,” she said.

A spokesperson for the department said the scheme was developed after the government regained a $170,000 windfall from the World Congress on IT, that was held in South Australia last year.

Lomax-Smith said the projects must have the potential to increase employment, investment or competitiveness either domestically and internationally for South Australia’s IT sector.

The type of projects that could be eligible for the scheme include courses, seminars or workshops to assist IT businesses grow and develop, payment of patent application fees and sponsorship of market research or trade shows.

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