According to Victoria’s Technology Minister, Gordon Rich-Phillips, the initiative giving ICT companies’ access to the Melbourne Australian Pavilion (MAP) at the Plug and Play Tech Centre in Silicon Valley was already “reaping rewards.”
The Minister said that Exa, Australia’s largest online solutions provider, had grown significantly in the US market since participating in the initiative.
“Exa has been able to secure an additional $10 million in export revenue over the next five years by using MAP@ Plug and Play,” Mr Rich-Phillips said.
“The program provides an effective and efficient method for Victorian companies to explore export partnership and capital raising opportunities via a temporary base in the USA.”
Just last week, the Victorian Government announced that its $85 million ICT plan had attracted two new digital services agencies to set up operations in the state.
Reading Room, a UK-based international digital agency, announced it had opened its Melbourne office with plans to create 15 new highly skilled jobs in Victoria over the next two years.
And, South Australian digital agency CDAA - selected as a service provider of choice for the Victorian Government eServices Panel late last year – said it was expanding into Victoria with the opening of a new office in the heart of Melbourne.
Mr Rich-Phillips said Victoria offered global players a competitive business environment, access to a skilled workforce and a dynamic technology industry, and last financial year the state’s coalition government had helped to facilitate more than 1,300 jobs in Victoria’s information and communication technology (ICT) industry.