Australia’s innovation agenda

Open data could just be the future of Australia. Prime Minister Malcolm Turnbull’s office has announced a collaboration with Australian incubator Pollenizer and Right Click Capital to launch DataStart – a public-private open data initiative to support data-driven innovation in Australia. According to a report published by PwC, data-driven innovation has added an estimated $67 billion in new value to the Australian economy in 2013. It was also estimated that the Australian tech startup sector has the potential to contribute over $100 billion (4% of GDP) to the Australian economy by 2033. The DataStart program is a national campaign that aims to find, incubate and accelerate innovative business ideas that leverage openly available data from the Australian Government. The program will initially give 20 startups a chance to present their ideas to a panel of judges from government, industry and investment organisations in a showcase event on 18 January 2016. The successful startup will be incubated from concept to delivery as part of the nine-month Pollenizer Success Core Program and will be offered seed capital investment from Right Click Capital and Pollenizer Ventures.
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