Budget 2012-2013 Budget Paper No.3 The Budget
Tabled paper 1785
Tabled papers for 11th Assembly 2008 - 2012; Tabled papers; ParliamentNT
Tabled By Delia Lawrie
Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.
78 Department of Business and Employment Knowledge, Creativity and Innovation $0.37 million as part of the rollout over three years of $1.12million for the Research and Innovation Fund, which provides grants for research, innovation, proof of concept and scholarships across the Territory. $0.94 million for initiatives at the Desert Knowledge Precinct in Alice Springs and to assist the Desert Knowledge Statutory Authority in carrying out its functions. $0.4 million to continue the ecoBiz NT program to assist businesses to improve their energy efficiency. $0.3 million in grant funding to support remote economic participation. Outputs and Performance Output Group: Business Development Outcome: Support to industry and individual businesses to grow industry capability and business competitiveness, and attract investment. Output Group/Output 2011-12 Budget 2011-12 Estimate 2012-13 Budget $000 $000 $000 Business Development 16 687 16 730 17 336 Business and Industry Development Support 16 687 16 730 17 336 Key Variations The Business Development output group increases in 2012-13 primarily as a result of the new e-business portal, business employment support grants and business technology support grants. Business and Industry Development Support Work with business and industry to develop a broader-based and more competitive Territory business community through: providing business information, access to training, coaching and business planning; pursuing industry development and investment opportunities; providing strategic policy advice and analysis to enhance economic development; and supporting the development of knowledge and innovation. Key Deliverables 2011-12 Budget 2011-12 Estimate 2012-13 Budget Licence and business infrastructure services provided by Territory Business Centres 120 000 140 000 140 000 Economic reports and fact sheets issued 35 52 52 Grants and sponsorships to support business and industry development $4.7M $4.7M $5.3M Research and innovation grants1 22 18 22 October Business Month participant satisfaction 94% 92% 94% Upskills Workshops participant satisfaction 96% 96% 96% Business growth applications assessed within 30 days 100% 100% 100% 1 Grant applications decreased in 2011-12 due to a timing change for the receipt of related Commonwealth health research grants.
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