New $4.5m fund for digital media content

Industry & Investment NSW launched a three-year $4.5m fund for innovative digital media – online, wireless, mobile and other emerging platforms – content projects.

The fund is part of the State Government’s $36m Digital Economy Strategy, and will provide grants of up to $50,000 for early stage development and up to $250,000 for advanced projects. It will also contemplate ‘special cases’ in which projects with “exceptional commercial potential and market interest” will be able to receive more than $250,000.

It will also support businesses to attend international conferences, and an enterprise strand will provide up to $100,000 to businesses with a slate of digital media projects looking to accelerate their growth to the next stage.