Gov't e-commerce funding comes round again

The next round of the Government's Information Technology Online (ITOL) Program of grants is underway in a bid to boost e-commerce uptake in the business community.

The Federal Government has extended the ITOL program through to 2006 via its $2.9 billion Innovation Action Plan.

More than $13 million in additional funding is available over the next five years, including $3 million to fund projects during 2001-02, which the Government plans to use to fund B2B e-commerce projects expected to increase efficiencies throughout the economy. Grants of up to $200,000 will be up for grabs across a wide range of industry sectors.

Some 70 projects across a range of industries have been funded a total of $5.5 million by the ITOL program to date.

A consortium of at least three organisations, which may include companies, educational and tertiary institutions, business or industry associations, government agencies, and not-for-profit organisations, must support each project.

Applications for the sixth round close on August 20.

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