none

Victoria’s $2.9m boost for technology

31-08-2010
by 
in 
Victoria’s $2.9m boost for technology

 

 

Ted Baillieu … technology grant

The Victorian Coalition Government will invest $2.9 million through the $1 billion Regional Growth Fund towards the University of Ballarat’s $6.4 million Ballarat Technology Park expansion.

Victorian Premier Ted Baillieu said the expansion was anticipated to generate 520 jobs during construction, 1,820 jobs during the operational phase and could leverage capital investment of more than $155 million during the construction works.

“The University of Ballarat estimates the total economic benefit of this expansion to be more than $420 million,” Mr Baillieu said.

The expansion incorporates two projects including the redevelopment and refurbishment of the University’s Brewery Building within the CBD to enable continued growth of technology-based enterprises.

The second project involves development and site construction works for another seven hectares of land at the Mount Helen Technology Park, which was recently rezoned by the Coalition Government for business use.

The University will invest $3.4 million toward the $6.4 million expansion.

Related news & editorials

  1. 19.10.2021
    19.10.2021
    by      In
    Federal Opposition Leader Anthony Albanese visited leading Australian manufacturer DECO Australia on Thursday 7 October 2021.
    The Opposition Leader visited DECO to learn more about the company’s innovative manufacturing, processes and products, as well as to discuss issues faced by Australian SME... Read More
  2. 18.10.2021
    18.10.2021
    by      In
    Australian Resources and Energy Group AMMA welcomes today’s intervention of the Australian Government seeking to put an end to three months of damaging strikes at Fremantle Port.
    It has been reported the Australian Government has stepped in, utilising its powers under the Fair Work Act to seek an... Read More
  3. 18.10.2021
    18.10.2021
    by      In
    McCormick & Company Inc, a global leader in flavour, today announced plans to open a new, state-of-the-art, environmentally friendly, multi-purpose head office in Mentone.
    This new facility is currently under construction and is on schedule to provide a much-needed boost to manufacturing in... Read More
  4. 18.10.2021
    18.10.2021
    by      In
    The Australian Made Campaign is thrilled to announce that the iconic Australian Made, Australian Grown (AMAG) kangaroo logo is now a registered trademark in Japan and protected under local Japanese law.
    The symbol’s registration in Japan further protects the logo in the Japanese market, with... Read More
Products
Suppliers