$12 million of ACT money to fund NICTA

johnboy 21 February 2012 3

National ICT Australia has announced that our Chief Minister has ponied up $12 million dollars over four years for their Canberra research laboratory.

The ACT is a founding member of the consortium which helped establish NICTA in 2002. The proposed arrangement announced today will provide for $12 million over a four year period commencing on 1 July 2012.

The ACT Government said today that the announcement was a direct investment in the ACT’s future and builds on, and extends, their previous support for NICTA which totals $26.35 million over the past nine years.

NICTA CEO Hugh Durrant-Whyte welcomed the announcement. “I would like to extend my thanks to the ACT Government for their generous support,” he said.

“NICTA is producing excellent research results with direct application to the development of robust, innovative systems for emerging markets such as smart transport, e-Health and e-Government. With the additional funding, NICTA will be able to strengthen its research outcomes in these and other areas to accelerate the development of high-impact, wealth-creating projects.”

An important feature of the new funding arrangement is the Government and NICTA’s desire to deepen research and support relationships with ACT Government agencies and the Canberra community.

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3 Responses to $12 million of ACT money to fund NICTA
Deref Deref 7:05 am 22 Feb 12

M0les said :

And it’s good to see they’re still potting “e” in front of everything. Good work, boffins!

Tch. So 20th century. These days it’s “i”.

Skidbladnir Skidbladnir 11:35 pm 21 Feb 12

e-” is the new “-2.0“, which was the new “cyber-“, which was the new “tele-“.

I don’t really feel like reading through their financial statements, but does anybody know much “e-” we can buy on the open market for $12mil?

M0les M0les 11:20 pm 21 Feb 12

And it’s good to see they’re still potting “e” in front of everything. Good work, boffins!

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