The Victorian Government is making available up to $8 million to assist companies to develop and trial new technologies. The program is targeted at the development, adoption and integration of industrial biotechnology, small technologies and advanced information and communication technology (ICT) by businesses.
Watermark is pleased to be an approved supplier under the program.
The following vouchers are available:
To undertake technology development and/or absorption activities
To undertake substantial testing or applied development activities in order to adapt existing technology based innovations into new practice or within new markets
To undertake substantial testing or applied development activities in order to adapt existing technology based innovations into new practice or within new markets.
The government is now accepting applications for both voucher types. However, applications for the higher value Technical Implementation vouchers close at 3 pm on 28 November 2012.
The program provides vouchers that can be exchanged for access to facilities, goods, services, advice or expertise provided by firms such as Watermark, other companies or publicly funded research organisations. In a nutshell, the process involves:
A voucher could be used, for example, to:
To be eligible, amongst other things, a business must:
Anyone contemplating applying for a voucher should review the detailed information available on the government website www.business.vic.gov.au/tvp. We have included only the basics in this post.
Voucher recipients must agree to certain conditions, including a minimum cash co-contribution.
We encourage anyone considering applying for a voucher to access our services to contact their Watermark advisor for assistance.
by Geordie Oldfield