Tax incentives to encourage investors,cash to benefit convert ideas into startups and plans for more coding in schools are at the heart of widely backed policy shiftThe government’s innovation package provides funding for more than 20 programs, spread across nine ministerial portfolios. The overall funding envelope is $1.1bn over four years.
Where the money is coming from, and whether existing programs have been gash in order to pay for the new commitments,will be revealed in the Myefo budget update, expected later this month.
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Source: theguardian.com