Minister for Sport and Minister Assisting for Industry and Innovation, Kate Lundy, today launched a new collaborative initiative which brings together universities, sports technology enterprises and other industry players to help the development of new sporting technologies in Australia.
The Gillard Government has provided $225,000 in funding to establish the new Australian Sports Technologies Network and invest in Australia’s continued improvements in sporting performance.
“This new network has the potential to unearth a new wave of Australian-made sports technologies,” Senator Lundy said.
“As global market opportunities emerge, growing this industry in Australia could lead to great economic opportunities and thousands of jobs.
“This is why the Australian Government is supporting the establishment of the Network and investing in continued improvement in sporting performance and economic performance.
“With some of our finest researchers, developers and entrepreneurs supporting this new initiative, I am confident it will deliver dividends.”
The Australian Sports Technologies Network is a national collaboration based in Geelong.
Its foundation partners include four universities, the Commonwealth Scientific and Industrial Research Organisation (CSIRO), eight sports technology enterprises, venture capitalists and Information Technology experts.
In its first year, the Network will focus on projects that bring technology developers together, examine market opportunities and support product exposure and marketing.