$10m innovation fund announced in South Australia
The Australian Driverless Vehicle Initiative’s core partner, the SA Government has announced some exciting news of a $10m investment in research, development, demonstration, and deployment of connected and autonomous vehicle technologies.
This commitment supports the extensive research and testing activities underway within the ADVI National Centre for Excellence in Adelaide and its many program partners to determine which technology options best fit Australian conditions and needs.
Governments worldwide are taking notice of ADVI’s efforts to generate awareness of the enormous potential to generate $95 billion a year in economic value and support 16,000 new jobs as analysed recently in the ADVI Position Paper: Economic Impacts of Automated Vehicles on Jobs and Investment.
Investment announcements across the nation for driverless car research, trials and early deployment have now well exceeded $100m, and activity is underway in most parts of the country.
As the nation’s peak industry body, ADVI is happy to connect partners together to ensure high quality submissions with a South Australian focus can be submitted. With a number of overseas partners and South Australian based partners we are well positioned to assist in joining together like minded groups to make a number of strong submissions.
Applications are open now, with the deadline for applications being 5pm on 16 December 2016.
All projects must take place in South Australia.
It is expected that the SA Government will be looking for projects that can commence promptly in 2017.