Victorian Government Releases A$110m ICT Industry Action Plan

13th Oct 2010. Click here to download report: 2010 VIC ICT Action Plan Oct 2010

With the Victorian state election to be held 27th November 2010, the incumbent Labor government has pledged over $110 million in new funding as part of its ICT Action Plan, including funding for SMEs in a number of grants and programs.

State ICT minister John Lenders announced the action plan at an industry function yesterday. He also used the occasion to pledge the State Government’s support for the National Broadband Network, claiming each SME connected to a high-speed internet connection receives a $5,000 productivity savings.

The action plan consists of six elements – supporting development of industry expertise, increasing the global profile of the Vic ICT industry, establishing VIC as the centre for ICT R&D, using ICT to foster innovation, increasing skills and establishing a productive broadband economy.

The Victorian ICT Action Plan focuses on six key actions: building local industry capability, increasing the ICT industry’s global profile, establishing Victoria as Australia’s ICT R&D centre, using ICT to foster innovation, building skills, and broadband leadership.


Action 1: Support the development of industry capability and expertise Building Victoria’s global profile

Key initiative: Provide up to $4.1 million over the next four years to implement an online media and digital publishing strategy

Action 2: Increase the global profile of the Victorian ICT industry Transforming research and development

Key initiative: Establish a Super Trade Mission Program to India in 2011–12

Action 3: Establish Victoria as the Australian centre for ICT-enabled research and development Government fostering innovation through ICT

Key initiatives: Provide up to $33 million additional funding for National ICT Australia Victoria Research Laboratory (NICTA VRL) to 2014–15 and!additional support to the Institute for a Broadband- Enabled Society (IBES). Develop an eResearch strategy

Action 4: Use ICT to foster innovation Developing the skills for the future

Key initiatives: Support the development of innovative next generation ICT applications through the collaborative Internet Innovation Fund and Re-Innovate Broadband Program, Deliver a second round of the Smart SMEs Market Validation Pilot Program in 2010–11, Conduct a second App My State competition in 2011, Expand

Action 5: Ensure Victoria has the skills to enable innovative use of ICT Accelerating broadband

Key initiative: Refresh the package of skills programs and support in 2011, including around industry-based learning, to ensure a high quality supply of ICT workers continues to be produced in the state

Action 6: Establish Victoria as the most extensive and productive broadband economy in Australia

Key initiative: Advocate to the Australian Government for the National Broadband Network to exceed its
minimum roll out obligations and facilitate a quick roll out across the state

2010 research shows:

* The Victorian ICT industry employs around 87,000 people.
* ICT companies operating in Victoria have gross annual revenues of $27.4 billion.
* Victorian headquartered ICT companies have annual revenues of $2.92 billion from overseas operations and exports of ICT equipment and services.

Previous Plan

The Victorian Government ICT Industry Plan 2005-2010,  launched in December 2005, draws on the wealth of ideas, comments and suggestions from a broad range of stakeholders to create a strategic plan for the continued vibrancy of the ICT industry in Victoria. Click here to download report: 2007 Vic Govt ICT Industry Plan 2005-2010 MMV Oct 2007

Major initiatives in the areas of export and investment, government procurement, workforce development and collaboration will help the ICT Industry to continue to grow and prosper.

The Victorian Government continues to support the ICT industry to achieve the vision set down in its Growing Tomorrow’s Industries Today policy in 2001. Our renewed commitment is outlined in this plan which identifies new initiatives and programs to support future industry growth.

A Progress Report, launched February 2009 details the highlights, achievements and progress of the Plan. Click here to download report: 2009 VIC ICT Industry Plan Progress Report Vic Govt Feb 2009

Victoria’s Clusters of Excellence

Victoria’s ICT industry is defined by clusters. A cluster is a concentration of companies in a particular industry who share a common market and support base. Multimedia Victoria currently supports the clusters listed in the left hand navigation.

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