Australian start-ups particularly in the mining sector are in line for part of a $US100 million ($110 million) injection following the launch of an innovation fund by networking giant Cisco.
Announcing the fund in Melbourne on Wednesday, Cisco's global entrepreneur-in-residence, Wim Elfrink, said Australia was well equipped to be a leading innovation and development centre especially in resources and minerals.
Image: Cisco Australia and New Zealand vice-president Ken Boal said funds would be allocated to the best projects globally and not by country. Photo: Simon Schluter
