New round of ITOL funding

Announcing the latest round of grants, Senator Alston said that successful examples of previous grant recipients include the pharmaceutical industry's PeCC project, as well as projects in road transport, building and construction, regional community portals, health care, superannuation, newsagents and the mining supply industry.

Amounts of up to $150,000 per project are offered as part of ITOL, with amounts limited to no more than 50 per cent of the total project cost. Grants average about $100,000 per project with approximately $1 million available for this round of the scheme.

While the ITOL scheme has funded a wide variety of projects to date, Senator Alston suggested that for this round, the Government would be particularly interested in projects dealing with "financial services, health, education and agriculture".

Details of the grants scheme are available from the NOIE web site at www.noie.gov.au/projects/ecommerce/ITOL/index.htm

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Miguel D'Souza

PC World

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