Multimedia Victoria - Market Validation Program for Public Sector Entities

Market Validation Program for Victorian Public Sector Entities


Who are Victorian public sector entities?


Victorian public sector entities are defined in the Victorian Department of Treasury and Finance 2007/08 Financial Report (Chapter 4, pp.189-196, Note 39)

How will the Smart SMEs MVP work for public sector entities?


Victorian Public Sector Entities will identify technology needs within their organisation and submit Technology Requirement Specification (TRS) to DIIRD.

These specifications will then be assessed by an assessment panel against the following criteria:

  • Innovative
  • Achievable
  • Strategic
  • Demonstrated project management experience

What benefits will the Smart SMEs MVP deliver to public sector entities?


Through the Smart SMEs MVP, Victorian public sector entities will partner with DIIRD’s Technology Policy branch to pilot the Smart SMEs MVP. Smart SMEs MVP funding will provide some sharing of the risk element for SMEs and the host entity in undertaking innovative R&D.

Victorian public sector entities will develop specifications for an identified technology requirement.

These Technology Requirement Specifications (TRS) will then be released to market through a Call for Proposals. SMEs will be invited to respond with a proposal to undertake a Feasibility Study for their proposed technology solution.

Benefits from the Smart SMEs MVP will include:

  • Significant support and funds for R&D projects
  • Assistance in sharing some of the risk element in undertaking R&D
  • Better understanding of leading technology capabilities within the market
  • Opportunities to develop innovative practices and participate in whole-of-government innovation initiative
  • Opportunities to boost innovation R&D capabilities within public sector entities.

How to Register


Registrations for Victorian public sector entities is now closed.

Contact


Questions and requests for further information can be emailed to the Smart SMEs MVP team

How can we help?



Program Updates


MVP Online Forum
Share your ideas and thoughts about the TRS, innovation
and R&D in response to Government technology needs.


Related Information

Smart SMEs Market Validation Program PDF brochure (1.1 Mb, 4 pages)

Information session presentation slides are available for download in PDF (307kb, 14 pages)

Innovation: Victoria's Future dedicates $300 million in new funding in addition to the $714.7 million in innovation-related initiatives in the 2008-09 State Budget.