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  <name>House of Assembly</name>
  <date date="2012-02-14" />
  <sessionName>Fifty-Second Parliament, Second Session (52-2)</sessionName>
  <parliamentNum>52</parliamentNum>
  <sessionNum>2</sessionNum>
  <parliamentName>Parliament of South Australia</parliamentName>
  <house>House of Assembly</house>
  <venue></venue>
  <reviewStage>published</reviewStage>
  <startPage num="1" />
  <endPage num="82" />
  <dateModified time="2022-08-06T14:30:00+00:00" />
  <proceeding continued="true">
    <name>Answers to Questions</name>
    <subject>
      <name>South Australia Innovation and Investment Fund</name>
      <text id="201202144a177b6684fe4dc7a0000352">
        <heading>SOUTH AUSTRALIA INNOVATION AND INVESTMENT FUND</heading>
      </text>
      <talker role="member" id="631" kind="question">
        <name>Mr HAMILTON-SMITH</name>
        <house>House of Assembly</house>
        <electorate id="">Waite</electorate>
        <questions>
          <question date="2011-08-23" qonNum="325">
            <name>SOUTH AUSTRALIA INNOVATION AND INVESTMENT FUND</name>
          </question>
        </questions>
        <text id="201202144a177b6684fe4dc7a0000353">325 <by role="member" id="631">Mr HAMILTON-SMITH (Waite)</by> (23 August 2011) (First Session).  With respect to 2011-12 Budget Paper 4—Volume 4, p37—</text>
        <page num="14" />
        <text id="201202144a177b6684fe4dc7a0000354">1.&amp;#x9;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?</text>
        <text id="201202144a177b6684fe4dc7a0000355">2.&amp;#x9;What were the names of the 29 projects that came under this Fund?</text>
      </talker>
      <talker role="member" id="633" kind="answer">
        <name>The Hon. A. KOUTSANTONIS</name>
        <house>House of Assembly</house>
        <electorate id="">West Torrens</electorate>
        <portfolios>
          <portfolio id="">
            <name>Minister for Manufacturing</name>
          </portfolio>
          <portfolio id="">
            <name>Minister for Mineral Resources and Energy</name>
          </portfolio>
          <portfolio id="">
            <name>Minister for Small Business</name>
          </portfolio>
        </portfolios>
        <questions>
          <question date="2011-08-23" qonNum="325">
            <name>SOUTH AUSTRALIA INNOVATION AND INVESTMENT FUND</name>
          </question>
        </questions>
        <text id="201202144a177b6684fe4dc7a0000356">
          <by role="member" id="633">The Hon. A. KOUTSANTONIS (West Torrens—Minister for Manufacturing, Innovation and Trade, Minister for Mineral Resources and Energy, Minister for Small Business):</by>  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.</text>
        <text id="201202144a177b6684fe4dc7a0000357">
          <table>
            <row>
              <cell>Company</cell>
              <cell>FundingAwarded$</cell>
            </row>
            <row>
              <cell>Broens Industries</cell>
              <cell>2,500,000</cell>
            </row>
            <row>
              <cell>Australian Advanced Manufacturing Centre</cell>
              <cell>1,500,000</cell>
            </row>
            <row>
              <cell>Samaras Group </cell>
              <cell>1,000,000</cell>
            </row>
            <row>
              <cell>Ferrocut Adelaide</cell>
              <cell>2,250,000</cell>
            </row>
            <row>
              <cell>Levett Engineering Pty Ltd</cell>
              <cell>2,250,000</cell>
            </row>
            <row>
              <cell>Australian Southern Exporters</cell>
              <cell>499,250</cell>
            </row>
            <row>
              <cell>The Pipette Company </cell>
              <cell>366,470</cell>
            </row>
            <row>
              <cell>Intex Holdings </cell>
              <cell>1,000,000</cell>
            </row>
            <row>
              <cell>Boart Longyear Australia Pty Ltd</cell>
              <cell>2,000,000</cell>
            </row>
            <row>
              <cell>Digislide Holdings Ltd</cell>
              <cell>1,200,000</cell>
            </row>
            <row>
              <cell>Long Distance Technologies</cell>
              <cell>275,000</cell>
            </row>
            <row>
              <cell>Modra Hayes Pty Ltd</cell>
              <cell>1,250,000</cell>
            </row>
            <row>
              <cell>The Weeks Group Pty Ltd</cell>
              <cell>600,000</cell>
            </row>
            <row>
              <cell>Viviopharm</cell>
              <cell>250,000</cell>
            </row>
            <row>
              <cell>Central Diesel Pty Ltd</cell>
              <cell>500,000</cell>
            </row>
            <row>
              <cell>Manuele Engineers Pty Ltd</cell>
              <cell>500,000</cell>
            </row>
            <row>
              <cell>Maxiplas</cell>
              <cell>2,210,000</cell>
            </row>
            <row>
              <cell>Aztec Paints</cell>
              <cell>372,500</cell>
            </row>
            <row>
              <cell>Clean Seas</cell>
              <cell>600,000</cell>
            </row>
            <row>
              <cell>Ezy-Fit Hydraulics</cell>
              <cell>585,000</cell>
            </row>
            <row>
              <cell>Hospira Adelaide</cell>
              <cell>900,000</cell>
            </row>
            <row>
              <cell>Numetrics</cell>
              <cell>287,500</cell>
            </row>
            <row>
              <cell>PLB Australasia</cell>
              <cell>383,000</cell>
            </row>
            <row>
              <cell>Redarc Electronics</cell>
              <cell>900,000</cell>
            </row>
            <row>
              <cell>Robin Johnson Engineering</cell>
              <cell>900,000</cell>
            </row>
            <row>
              <cell>Sage Automation</cell>
              <cell>475,759</cell>
            </row>
            <row>
              <cell>SMR Automotive Australia</cell>
              <cell>500,000</cell>
            </row>
            <row>
              <cell>Peoples Republic of Animation</cell>
              <cell>250,000</cell>
            </row>
            <row>
              <cell>Trackside IQ</cell>
              <cell>294,000</cell>
            </row>
          </table>
        </text>
        <text id="201202144a177b6684fe4dc7a0000358" />
        <text id="201202144a177b6684fe4dc7a0000359">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.</text>
        <text id="201202144a177b6684fe4dc7a0000360">The names of the projects that were awarded funding under this fund are detailed above.</text>
      </talker>
    </subject>
  </proceeding>
</hansard>