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Australasian Biotechnology (backfiles)
AusBiotech
ISSN: 1036-7128
Vol. 11, No. 3, 2001, pp. 22-23
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Bioline Code: au01039
Full paper language: English
Document type: Research Article
Document available free of charge
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Australasian Biotechnology (backfiles), Vol. 11, No. 3, 2001, pp. 22-23
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BIOTECHNOLOGY FUNDING - BIF - OVERCOMING ONE CRUCIAL BARRIER IN THE DEVELOPMENT OF ENTREPRENEURIAL BIOTECHNOLOGY COMPANIES
John Ballard
Abstract
The Biotechnology Innovation Fund (BIF) program recently introduced by the Federal Government will enable start-up companies to secure competitive grants of up to $250,000 on a dollar-for-dollar matching basis. The provision of this proof-of-concept or seed funding may help overcome one of the key barriers to enterprise development.
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