A handful of SA technology companies will receive up to
$400,000 each from IT incubator the Playford Centre by August.
The centre received $10 million from the Federal Government's
BITS imitative last week with about $ million to go immediately
to IT and communications companies, Playford Centre chief
executive Geoff Thomas said.
"We've got four to five companies already penciled
in for $250,000 to $400,000 each. We're looking across the
board at anything to do with information technology and communications," Mr
Thomas said. Two of the targeted companies are software
makers - Practical Programs and Online Network Direct.
Practical Programs' DataViewer software simplifies the way
companies retrieve and manage large format scanned documents
via the Internet and it has started talks with 19 companies
to distribute the software throughout Europe.
Meanwhile, three-month-old Online Network Direct is targeting
small to medium Australian wholesalers with e-commerce software
to display catalogues to their customers on the Internet.
National sales and marketing manager Stephen Duffy said
the company should reach a $500,000 turnover by the end of
the year with its $1000 software package.
Funding from the Playford Centre would accelerate marketing
and product development for a business-to-consumer product,
Me Duffy said.
"The funding means we can do things a bit quicker," he
said.
Photocopy of the article...
