Tag: Victorian Government

$30bn prize drives Victoria’s ‘AI state’ push

Posted on   |  by Justin Hendry
Victoria has launched an ambitious bid to become Australia’s “AI state”, unveiling a mission statement that aims to attract billions in investment and drive a decade of tech-driven economic...

Victoria govt backs tech overhaul for public service

Posted on   |  by David Allen
A raft of proposals to uplift technology across the Victorian Public Service have received in principle support from the state’s Allan government as it pursues billions in Budget savings. The...

US dollar drags Breakthrough Victoria to $5.7m loss

Posted on   |  by Justin Hendry
A US dollar-heavy portfolio helped drag the Victorian government’s embattled venture capital fund to a $5.7 million loss last financial year, offsetting its growing investment returns. Breakthrough Victoria posted...

Quantum Brilliance opens world-first diamond foundry

Posted on   |  by Trish Everingham
Quantum Brilliance has opened Australia’s first commercial lab-grown diamond foundry in Melbourne, where the Canberra-born startup will produce synthetic diamonds for advanced quantum devices at scale. The new facility,...

Breakthrough Victoria commits $75m to VC funds

Posted on   |  by Trish Everingham
Breakthrough Victoria will invest $75 million into five venture capital funds in a bid to support early-stage companies and accelerate the commercialisation of research across key sectors, including climate...

Victoria unveils first industry policy in a decade

Posted on   |  by Justin Hendry
The Victorian government has released its first Industry Policy in almost a decade, promising new direction and long-term stability to businesses powering the state’s economy. Minister for Industry and...

Victorian govt mulls defence tech shift for VC fund

Posted on   |  by Justin Hendry
Breakthrough Victoria could be retooled to help grow local defence industry under changes being considered to better align the government-backed venture capital fund with the state’s economic priorities. As...

Victoria to create $150m investment fund

Posted on   |  by Justin Hendry
The Victorian government will create a $150 million fund to help secure private sector investment in priority sectors like advanced manufacturing, defence and health technologies. Victorian Treasurer Jaclyn Symes...