Canberra cybersecurity startup Penten has nabbed a $1.3 million innovation contract to develop a cryptography solution for the Australian Army.
The federal government has announced that it will be investing $500 million to improve Australia’s space-based surveillance and intelligence capabilities.
Malcolm Turnbull has named Arthur Sinodinos the new Minister for Innovation in a reshuffle following the resignation of Health Minister Sussan Ley.
Today the Senate has passed a new tax incentives for early stage investors and a scheme to improve access to capital for VCs. These two initiatives are designed to make investment for Australian startups more attractive and were measures first announced in December last year as part of the Government’s National Innovation and Science Agenda (NISA).
The Government has announced it will launch the fourth of its five global landing pads for entrepreneurs in Berlin, with the European hub joining San Francisco, Tel Aviv, and Shanghai.
Microsoft Australia and the Federal Government have today announced a partnership with Boston-based accelerator MassChallenge that will see the organisation’s international bridge program run in Australia this year, with the launch of a full program to come in 2017.
The idea of digitising government is gaining steam, with the Federal government announcing the launch of an online Digital Marketplace to cut red tape and help businesses access the government’s $5 billion annual spend on ICT projects.