Arthur Sinodinos (NSW, Liberal Party, Cabinet Secretary) Share this | Hansard source

You like more money. There is more money here—$1.1 billion. What are you complaining about? But that was a down payment on what this government wants to achieve with the ideas boom. We need to focus on innovation, turning ideas into successful products, processes and services.

The next step, recently launched, is the Landing Pad. Along with the Minister for Trade and Investment, the Assistant Minister for Innovation and the Special Envoy for Trade, the minister unveiled Landing Pad at RocketSpace, a technology campus in San Francisco. The Landing Pad is designed to help Australian entrepreneurs bring their ideas to market and build high-growth and high-return enterprises. Silicon Valley, in San Francisco, is the epicentre of global innovation and, with the Landing Pad, the Australian government is helping ensure Australian innovators have a place at the centre of the action. By positioning Landing Pad with RocketSpace, the Australian government is partnering with a proven performer.