The Australian Government's Innovation Report

Other achievements included:
• generating $22.9 million in exports, bringing the total of both programmes to over $42 million;
• creating an increase in annual revenue of $43.2 million to $72.2 million;
• creating more than 280 full-time or equivalent additional jobs in incubatees as of 30 June 2005 with a
further 30 part-time positions also created;
• attracting over $7.1 million in cash and in-kind contributions to support incubator operations, a total
of $34.8 million since the start of both programmes; and
• gaining recognition for the achievements of incubatees in numerous local and international industry
award programmes.
More information about the ICTIP can be found at: www.dcita.gov.au/ict/ict_incubators
Mobile ticket box
Paperless tickets are becoming available via SMS thanks to a mobile ticketing service from mobile
technology company bCODE.
Tickets to a range of events and services can be received through bCODE with clients including Jetstar,
St George, Village Roadshow and Australia Post. They have so far distributed more than 300 million
messages on behalf of their clients globally.
Unlike similar products, bCODE uses text messages rather than barcodes or graphics, so tickets are displayed
on ordinary mobile phones without registration, special hardware or expensive graphic messages. This
means the service is available on 99% of mobile phones.
In early 2005, ADI accepted bCODE into incubation and helped it raise co-investment needed to grow
and develop its scanner technology. bCODE had its technology showcased at the 2006 Melbourne
Commonwealth Games and is showing potential to achieve commercial success in Australia and overseas.
Encouraging companies to innovate
Renewable Energy Development Initiative
The Renewable Energy Development Initiative (REDI) was announced on 15 June 2004 as part of the white
paper, Securing Australia’s energy future, in which the Australian Government outlined its comprehensive approach
to addressing the greenhouse gas challenges associated with the production and use of energy.
Renewable energy technology, alongside improving efficiency in energy supply and use, and accelerating energy
market reform, are key elements of Australia’s overall greenhouse gas response in the energy sector.
REDI aims to support the development of new renewable energy technology products, processes or services
that have strong early-stage commercialisation and emissions-reduction potential. In supporting such projects,
the programme will reduce the environmental impact of energy demand, contribute to the international
competitiveness of Australian businesses and generate national benefits for the Australian economy. It will
support the development of renewable energy technology products, processes and services that have strong
early-stage commercialisation and emission reduction potential.
The programme provides matching competitive grants totalling up to $100 million over seven years until 2011
for applicants to undertake activities that produce, commercialise or establish the commercial or technical viability
of a new, clearly-identified renewable energy technology-related product, process or service.
66 Backing Australia’s Ability