The Local Buy Industry Development Fund (IDF), in conjunction with Telstra, was established in 2007 with the aim to benefit local government in Queensland by providing financial assistance towards improving technology transformation and business processes using technology.
The IDF has evolved with a forward focus to fund macro themed projects that benefit local government broadly or could be scaled to benefit broadly, whilst also continuing to support micro projects that satisfy the criteria and benefit individual councils and communities.
Local Buy and Telstra’s primary aim through the IDF continues to support technology innovation that helps local government meet community needs.
The fund has made $5.8m worth of investment into local Queensland communities since its establishment.
