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R&D Grant for Agrilink, SA, 16th May 2000: speech.

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Senator Nick Minchin, Minister for Industry, Science and Resources

R&D Grant for Agrilink, SA 16th May 2000

Recent Federal Government function in Adelaide to honour achievements of innovative South Australian companies  ●

South Australian companies taking good advantage of Federal Government programs to support innovation ●

AusIndustry provided $325m in Federal funding to South Australian companies last year ●

South Australian companies among the most innovative in the nation ●

Great pleasure today to honour another South Australian innovator and success story, Agrilink ●

Pleased to announce that Agrilink has won a Federal Government R&D grant of $3/4m ●

Grant is to help Agrilink develop its multi-purpose soil probe to test for moisture, salinity and nutrient levels ●

Competition for grants highly intense - great credit to Agrilink that it's been successful ●

Probe will be of great help to Australian agriculture ●

Help in management of greatest threat to Australian agriculture - salinity ●

Major assistance to Australian wine industry - great Australian ●

success story, headquartered here in South Australia

Innovation has been and will continue to be key to wine industry's success - and to companies like Agrilink which support the industry


Increasing recognition across Australian industry of importance of innovation to wealth creation and commercial success


Support for Innovation is at the core of Federal Industry Policy ●

Last weeks Budget provides some $850m for direct support for business innovation in next financial year ●

Legitimate and important role for Government in providing incentives for innovation ●

Rewards from successful Innovation wider than particular company - whole community benefits from jobs, exports, economic growth


Therefore proper for the Government, on behalf of the community, to support business innovation ●

As we are with Agrilink, whom I congratulate on behalf of the Federal Government ●

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