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Australian Science at Work
Corporate entry
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Management Investment Companies (1980s - ) |
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| Function: Funding Source or Body | |
| Location: Australian Capital Territory, Australia | |
| Management Investment Companies was an Australian Government tax induced scheme aimed at encouraging new business ventures and capital investment. Over time, the scheme struggled mainly as a result of the stock market crash of 1987. In 1992, the Government replaced the MIC scheme with the Pooled Development Funds program. |
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