We are creating some awesome events for you. Kindly bear with us.

Victoria Launches New Innovation Plan

A new agenda to keep Victoria at the forefront of innovation, drive the creation of new industries and support jobs for future generations has been unveiled by the Government. The Minister for Innovation, Medical Research and the Digital Economy recently launched the Innovation Statement detailing the plans and investments to propel the state forward.

The ambitious plan builds on existing commitments with a new blueprint to turbocharge Victoria’s startup ecosystem, grow business and innovation precincts, develop homegrown talent, and commercialise world-leading research – keeping Victoria at the cutting edge.

Front and centre of the agenda is the landmark AU$ 2 billion Breakthrough Victoria Fund, which will bridge the gap between discovery and commercialisation, mobilise innovation in key areas such as health and life sciences, agri-food, advanced manufacturing, clean economy and digital technologies.

Health and medical research is another focus with investments totalling $590 million committed in the past year alone, including up to $400 million for a new Australian Institute of Infectious Disease to lead the fight against future pandemics, and an additional $50 million to spearhead local manufacturing of mRNA vaccines.

The Victoria Government is fostering the big ideas of entrepreneurs and supporting home-grown start-ups to scale up while also building a robust investor landscape to help more Victorian innovators take their ideas global.

The state’s start-up agency, LaunchVic, is leading the way with programs such as the $10 million Alice Anderson Fund helping female founders access early-stage funding, and the $60.5 million Victorian Startup Capital Fund injecting more money into local start-ups.

The Government’s significant investment is building Victoria’s innovation capabilities, increasing competitiveness and attracting national and international investors. Priority initiatives like the $64 million Digital Jobs program are addressing the digital skills shortage by training mid-career Victorians for in-demand digital roles, while the $550 million Connecting Victoria program is helping businesses take advantage of digital opportunities with reliable, better value broadband across the state.

The Innovation Statement showcases Victoria’s impressive history of class-leading innovations and modern inventions making their mark around the world and celebrates and elevates stories from across the Victorian innovation community.

The Minister for Innovation, Medical Research and the Digital Economy stated that Victoria is ahead of the curve and there’s no slowing down, which is why the nation must support its innovation ecosystem and continue to make game-changing advancements in science, health and medicine, and technology. The new innovation agenda is a commitment to ensure the next generation of Victorians have all they need for the jobs of tomorrow, she added.

Digital technology and innovation drive economic growth, productivity and competitiveness. The Victorian Government is committed to positioning Victoria as the number one destination for digital technology companies and start-ups in the Asia-Pacific.

The results of the latest survey of Victoria’s information and communications technology (ICT) industry indicate continued growth and a positive outlook with:

  • 19,941 businesses
  • 139,100 employees
  • annual revenue of $38.4 billion (including $2.4 billion in international revenue).

More broadly, it has been estimated that in 2020, Victoria’s digital economy could be worth $50.8 billion.

Victorian Government support

The Victorian Government is creating a supportive local environment where innovation can thrive with programs, initiatives and events being rolled out across metropolitan and regional Victoria. The AU$ 45 million Connecting Regional Communities Program is addressing digital infrastructure, enhanced broadband, mobile blackspots and digital agriculture, and the $18 million Regional Rail Connectivity Project is improving connectivity on five major regional rail lines.

The Victorian Government has established LaunchVic, an independent agency responsible for leading the development of a globally-connected startup ecosystem by supporting startups and investors to sustainably grow and deliver economic and cultural benefits for both Victoria and Australia.


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

Send this to a friend