On 22 February 2010, Minister Carr formally released the National Enabling Technologies Strategy (NETS) . Launch of the Strategy included:
Federal Budget, Innovation Agenda and NETS
The Australian Government released "Powering Ideas: An Innovation Agenda for the 21st Century" as part of the 2009-10 Federal Budget. The budget delivered a significant increase (25 per cent) in funding for science, technology and innovation. The government also announced the National Enabling Technologies Strategy with funding of $38.2 million over four years. The Strategy complements the new investments in science, technology and innovation and provides a framework for the responsible development of enabling technologies such as nanotechnology, biotechnology and other technologies as they emerge in Australia.
The Strategy builds on the work of the earlier National Biotechnology Strategy (NBS) and National Nanotechnology Strategy (NNS).
The Strategy consists of three sections:
In this section