Page 1296 - Week 04 - Thursday, 21 March 2013

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(3) What is the funding source for this initiative and relevant Budget Paper reference.

(4) Can the Minister list all investments committed under this fund, including information on (a) date of investment, (b) company name, (c) origin of company (ACT, interstate, overseas), (d) industry sector, (e) purpose of investment, (f) value of investment, (g) return on investment or expected return on investment and (h) present status of business since receiving funding.

(5) What is the present value of uncommitted funds for this initiative.

Mr Barr: The answer to the member’s question is as follows:

(1) The Discovery Translation Fund (DTF) was established in 2011.

(2) The DTF represents a partial restructuring of the Australian National University Connect Ventures (ANUCV) equity investment fund. In 2004, through the Economic White Paper, the ACT Government provided $10 million to the ANU to establish ANU Connect Ventures in partnership with MTAA Super which committed to contributing $20 million. The Fund was established by withdrawing $3 million from the ANUCV equity investment fund to the DTF.

(3) The ANUCV equity investment fund.

(4) The following Grants have been made.

(a, b, c, d, e,)

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