Government Investment stories

Cicada Innovations, Australia's deep tech incubator, has generated an economic impact exceeding AUD $8 billion over 25 years, driven by AUD $6.5 billion raised.

EXOq, a new research district near Oxford, will bring GBP £1.4 billion annually and 7,000 jobs, boosting the local economy and innovation sector.

Dr Nicole Mather has been named Chair of the Wellcome Genome Campus Science Advisory Group as it embarks on a major expansion in genomics and data science.

South Australia’s tech workforce is set to nearly double by 2035, boosting the economy by AUD $5 billion and creating 49,000 new skilled jobs.

Canadian Food Innovation Network awards funding to five startups pioneering foodtech in automation, packaging, waste reduction and digital manufacturing.

Victoria's tech sector adds $36 billion and employs over 300,400, with workforce expected to exceed 700,000 by 2035 amid strong upskilling efforts.

Set to kick in for large data centre hardware from 31 Dec 2026, the levy will offset against corporate tax to boost AI investment and local jobs.

Ryze has rebranded North East data centre developer Latos, which aims to build 40 UK sites by 2030, focusing on AI-ready, rapid deployment facilities.

Beaten Zone Venture Capital Fund 1 has gained Early Stage Venture Capital registration, targeting AUD $451m in defence tech investments with tax benefits for partners.

Ministry invests in HealthSpark, a Vector Institute programme boosting AI-driven healthcare innovations and startups.

The satellite IoT market is set to grow at a 26% CAGR to reach USD $4.7 billion by 2030, driven by tech advances and rising demand for remote connectivity.

The UK’s GBP £2 billion AI plan ignites optimism for tech growth, but experts stress urgent need to close the widening AI skills gap across industries.

Australia's workforce grew 22.9% since 2014, with dramatic rises in aged care and tech roles, while traditional jobs like travel agents and farmers declined.

The global intelligent transport system market is forecast to grow from USD $41.7bn in 2024 to USD $124.8bn by 2035, driven by urbanisation and tech advances.

Retail crime is surging in Australia, with a 22% rise in return fraud. Experts urge government investment in technology to combat these threats.

The Australian Computer Society has backed the Federal Government's budget proposal, introducing tax cuts aimed at benefiting technology professionals across the country.

The UK-APAC Tech Growth Programme has successfully arranged over 40 meetings for six UK tech firms with leading South Korean businesses, promoting semiconductor and AI innovations.

In a landmark 2025 budget, Singapore aims to enhance its AI-driven economy with major investments in workforce development and sustainable tech, say officials.

Morningstar Australasia and SuperAPI have teamed up to improve how Australians manage their superannuation as they enter the workforce.

Consent Labs expands operations in Victoria to meet demand for consent education, supported by a Federal Government investment of AUD $117.6 million.