Contents
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Commencement
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Estimates Replies
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SOUTH AUSTRALIA INNOVATION AND INVESTMENT FUND
In reply to Mr GRIFFITHS (Goyder) (26 June 2009).
The Hon. K.O. FOLEY (Port Adelaide—Deputy Premier, Treasurer, Minister for Industry and Trade, Minister for Federal/State Relations): I have been provided with the following information:
The list of companies that were successful in obtaining funding under the first round of the South Australia Innovation and Investment Fund are as follow:
| Company | Grant amount | Exp.FTE jobs | Description |
| Australian Advanced Manufacturing Centre, Melrose Park | $1,500,000 | 40 | Provide an integrated design, construct, install, service, monitor and maintain facility for construction of manufacturing machinery based on commercial ready IP, developed by customers in the advanced manufacturing, renewable energy/climate change, defence and mining industry sectors for export. |
| Australian Southern Exporters, Port Lincoln | $499,250 | 21 | Develop a commercially viable sardine value-adding business able to process over 1,000 tonnes of sardines for human consumption per annum by 2011. |
| Broens Industries, Elizabeth South | $2,500,000 | 63 | Establish an aerospace and defence component machining facility to be called 'Aerospace Engineering SA'. |
| Carl Zeiss Vision Australia Group, Lonsdale | $1,000,000 | 20 | Expand customised prescription lens manufacturing capability with state of the art freeform equipment to increase capacity to deliver innovative, high quality spectacle lenses. |
| Ferrocut AustraliaRegency Park | $2,250,000 | 56 | Establish a state of the art plate profile cutting centre at the Techport facility with concurrent expansion of existing capability in all profile cutting disciplines to capture opportunities provided through the Air Warfare Destroyer, Olympic Dam, Desalination etc. |
| Intex Holdings Seaford/Tonsley Park | $1,000,000 | 45 | World-leading 'bolt on' turbine technology designed to dramatically reduce fuel consumption and greenhouse gas emissions in new and existing car and truck fleets. |
| Labanalysis Services Lonsdale | $3,000,000 | 109 | A start-up company establishing a geochemical, metallurgical and environmental analysis laboratory to service SA's growing uranium, base metals, iron ore and gold industries. |
| Levett EngineeringElizabeth South | $2,250,000 | 35 | Expansion to position the company as a long-term production supplier to the international aerospace and defence sector. |
| The Pipette CompanyThebarton | $366,470 | 31 | Expand the company's clean room capability and equip it with specialised equipment required for manufacturing micro pipettes. |
| Samaras GroupGillman | $1,000,000 | 30 | Improve domestic capacity and be in a position to undertake custom beam manufacturing work. |
| Total | $15,365,720 | 450 |