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Address in Reply
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SOUTH AUSTRALIA INNOVATION AND INVESTMENT FUND
325 Mr HAMILTON-SMITH (Waite) (23 August 2011) (First Session). With respect to 2011-12 Budget Paper 4—Volume 4, p37—
1. How many grants have been made under the South Australian Innovation and Investment Fund, who were the successful applicants and how much was provided to each recipient?
2. What were the names of the 29 projects that came under this Fund?
The Hon. A. KOUTSANTONIS (West Torrens—Minister for Manufacturing, Innovation and Trade, Minister for Mineral Resources and Energy, Minister for Small Business): There were 29 grants approved under the South Australia Innovation and Investment Fund. The details of the successful applicants and the amount awarded to each recipient are detailed in the table below.
Company | FundingAwarded$ |
Broens Industries | 2,500,000 |
Australian Advanced Manufacturing Centre | 1,500,000 |
Samaras Group | 1,000,000 |
Ferrocut Adelaide | 2,250,000 |
Levett Engineering Pty Ltd | 2,250,000 |
Australian Southern Exporters | 499,250 |
The Pipette Company | 366,470 |
Intex Holdings | 1,000,000 |
Boart Longyear Australia Pty Ltd | 2,000,000 |
Digislide Holdings Ltd | 1,200,000 |
Long Distance Technologies | 275,000 |
Modra Hayes Pty Ltd | 1,250,000 |
The Weeks Group Pty Ltd | 600,000 |
Viviopharm | 250,000 |
Central Diesel Pty Ltd | 500,000 |
Manuele Engineers Pty Ltd | 500,000 |
Maxiplas | 2,210,000 |
Aztec Paints | 372,500 |
Clean Seas | 600,000 |
Ezy-Fit Hydraulics | 585,000 |
Hospira Adelaide | 900,000 |
Numetrics | 287,500 |
PLB Australasia | 383,000 |
Redarc Electronics | 900,000 |
Robin Johnson Engineering | 900,000 |
Sage Automation | 475,759 |
SMR Automotive Australia | 500,000 |
Peoples Republic of Animation | 250,000 |
Trackside IQ | 294,000 |
Subsequently, the People's Republic of Animation has withdrawn their project proposal as they were unable to spend the grant monies within the stipulated timeframe.
The names of the projects that were awarded funding under this fund are detailed above.