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Victoria Israel Science, Innovation and Technology Scheme

Mr SOUTHWICK — It was my pleasure also to launch the Victoria‑Israel Science, Innovation and Technology Scheme today. The Victorian government will offer grants of up to $250 000 for Victorian companies, with the Israeli government offering 50 per cent of research and development expenses to Israeli companies. This government is committed to the development of science and technology, and these sorts of initiatives ensure that Victoria and Israel are both internationally recognised for the quality of their research and their innovation. There is no end to what they can achieve together. This program is open to the private sector, and I encourage companies to put forward opportunities in which we can help grow their businesses, create jobs and, most importantly, ensure that innovation continues to grow and the relationship between these two countries continues to flourish.

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