Applicants to New South Wales’ industry and innovation grant programs worth more than $227 million have been told their potential funding may never come, with the Minns government reviewing the programs for potential budget savings.
The grants on the chopping block go to areas like commercialising new technology, building research and development facilities, supporting innovative, high-growth businesses in priority industries, and biosciences startups and researchers.
The new state government flagged “tough choices” were coming last month to address funding shortfalls, and departments have recently begun contacting applicants to say the programs are now “on hold”.
Want to know how this story ends?
Become a subscriber for complete access to all stories on InnovationAus.com and our daily newsletter.
Do you know more? Contact James Riley via Email.