Wednesday 13 May 2009
Commonwealth Commercialisation Institute announced in 2009 Federal Budget
Tuesday's Federal Budget contained the announcement of a historic 25% increase in Australian government spending on innovation and science to $8.6 billion. Within that, $196.1 million has been earmarked over the next four years to establish the new Commonwealth Commercialisation Institute, with ongoing funding of $82 million per year after that.
To read the AIC's full release please click here.
