TechInSA

In reply to Mr WINGARD (Mitchell) (31 July 2017). (Estimates Committee B)

The Hon. K.J. MAHER (Minister for Employment, Minister for Aboriginal Affairs and Reconciliation, Minister for Manufacturing and Innovation, Minister for Automotive Transformation, Minister for Science and Information Economy): I have been advised:

A company needs to have an ABN and have commenced active company operations to be deemed eligible for assistance.

The majority of companies were assisted under the South Australian Early Commercialisation Fund program which commenced on 18 November 2016 and is focussed on early stage and start-up companies. The 26 companies receiving grants up to June 2017 have forecast 341 jobs will be created by 30 June 2019.