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	<title>The ramblings of Age &#187; innovation</title>
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		<title>Aussie start-ups to get $83m boost</title>
		<link>http://www.bole.com.au/2009/03/aussie-start-ups-to-get-83m-boost/</link>
		<comments>http://www.bole.com.au/2009/03/aussie-start-ups-to-get-83m-boost/#comments</comments>
		<pubDate>Thu, 19 Mar 2009 00:23:10 +0000</pubDate>
		<dc:creator>ab</dc:creator>
				<category><![CDATA[innovation]]></category>
		<category><![CDATA[funding]]></category>

		<guid isPermaLink="false">http://www.bole.com.au/?p=32</guid>
		<description><![CDATA[Now I&#8217;m really confused. IT News is reporting start-ups are to get an $83M funding boost, but if you go back and read the media release from Senator Karr&#8217;s office, it looks like there is a bit of a hurdle to  qualifyas a start-up:
The companies that could benefit from this fund employ at least 1000 [...]]]></description>
			<content:encoded><![CDATA[<p>Now I&#8217;m really confused. IT News is reporting <a href="http://www.itnews.com.au/News/99062,aussie-start-ups-to-get-83m-boost.aspx" target="_blank">start-ups are to get an $83M funding boost</a>, but if you go back and read the <a href="http://minister.innovation.gov.au/Carr/Pages/BOOSTFORSTARTUPCOMPANIESANDJOBS.aspx" target="_blank">media release from Senator Karr&#8217;s office</a>, it looks like there is a bit of a hurdle to  qualifyas a start-up:</p>
<blockquote><p>The companies that could benefit from this fund employ at least 1000 people</p></blockquote>
<p>Besides the mixed message hitting the media, I wonder if it truly is aimed at start-ups? 1000 people seems to be a pretty high bar for any start-up.</p>
<p>But at least, its something.</p>
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