December 2014: As reported in Business Insider, M.H. Carnegie & Co. is pursuing a “reverse brain drain” strategy through its medical technology investments.
Carnegie is buying innovative medical companies in America and turning them into Australian outfits that benefit from generous tax breaks for research and development. Simplify Medical is the latest of these investments.
Read MoreMarch 2014: The Australian’s Andrew White talks with Mark Carnegie about successful venture capital models in Australia and the need for an effective investment and innovation ecosystem.
Read MoreMay 2014: Mark Carnegie writes in The Australian that innovation and new business development are crucial for Australia’s economic health.
Government funding to put exciting new companies on their feet so they can compete in global markets is much the same as taxpayers funding the Australian Institute of Sport to train Olympic athletes. Just like with our investment in Olympic athletes, the community gets a huge return from government innovation programs.
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