Department of Industry, Science and Resources
Project - Venture Capital
Venture Capital - can you help us foster innovative ideas to deliver better focused decision making for program participants?
The Venture Capital team, within the Commercialisation Division, manages nine taxconcession and co-investment programs, including early stage venture capital limited partnerships and the Biomedical Translation Fund. Venture capital provides finance for businesses at early stages of growth with high commercial potential to expand and build better, more sustainable and competitive businesses into the future. This creates value not only for the businesses being invested in, but also for the investors backing venture capital funds. We employ a bottom up approach to innovation by embedding technical specialists within the business team. These specialists have helped the team move away from managing data held in multiple spreadsheets to data in a SQL database with an automated load process and a Power BI system for analytics.
The benefits of digitisation have been immeasurable. The team now have access to up to date data with on demand reports for analytics, compliance and operational purposes. This means, for example, the team can showcase the achievements of the programs : a total 15,000 participants of the Venture Capital Act 2002 programs have invested $29.93 billion, half of which has come from foreign investors. The economy has benefitted through $15.36 billion invested into Australian businesses.
The team won the DTA Government Digital Award in 2019 for Outstanding digital delivery : emerging technology for their work in digitising delivery.
Please visit the business.gov.au website for further information on the programs.
Required technical skills
The team is seeking an intern to help foster innovative ideas to deliver better focused decision making for program participants. The ideas can form the basis of a project during the period of internship. If the intern is comfortable, they may present the results of the project to a committee of Industry Innovation and Science Australia, who are the responsible delegates for the legislative decision making. Current projects include migration of the technical solution to Microsoft Azure, migration of online forms to a new platform and forecasting program participation to help model staff requirements into the future and we are coming up with new ones all the time!
We are looking for individuals who can:
- Collaborate with IT professionals and the business team to analyse program requirements and design technical solutions that contribute productively to business priorities of the team
- Further develop and support our innovative technical systems by participating in development and coding of software applications, ensuring high-quality, efficient, and reliable code
- Assist in the integration of new technologies and features into existing systems to improve data quality and reporting
- Perform system testing, debugging, and troubleshooting to identify and resolve issues promptly
- Contribute to the documentation of software architecture, design decisions, and implementation details
- Stay up-to-date with industry trends, best practices, and emerging technologies related to software development and venture capital programs
- Liaise with IT areas in the department on best practice data and system management
- Turn data into insights for program stakeholders such as policy areas, committees and program clients
- Currently pursuing a degree in Computer Science, Information Technology, Software Engineering or a related field
- Familiarity with software development principles, algorithms, and data structures
- Some experience in Power BI, DAX, SQL, Qualtrics, SSIS, SSRS, Azure and ETL or keenness to learn
- Ability to work well in a team environment, collaborate effectively, and communicate technical concepts clearly
- Eagerness to learn, adapt, and take initiative to solve complex problems
- Prior internship or project experience in software development is advantageous but not mandatory
What We Offer
- Valuable hands-on experience working on impactful projects in the field of venture capital and government initiatives
- Mentorship and guidance from experienced professionals in the IT and venture capital sectors
- Opportunity to develop technical and interpersonal skills within a supportive and innovative work environment
- Networking opportunities to connect with professionals in both the technology and government sectors
- Potential for a future career path within the department based on performance and mutual interest
Required/preferred professional and other skills
- The intern must be an Australian Citizen or in some circumstances permanent residents of Australia may be considered
- This position requires a baseline security clearance. The intern will be required to obtain and maintain a clearance at this level. The clearance will be sponsored by the department
- Ability to commit to three days work a week
- Participation is in person
Student must be located in Canberra
Project’s Special Requirements/ Conditions
- Intern requires Australian citizenship
- Intern requires Security Clearance
Type of internship
Paid (intern/s will be engaged as a casual employee)
How to apply
Applications will be invited only from those students who have been confirmed as the eligible students to apply for the Computing Internship courses COMP3820 or COMP4820 or COMP8830 in the Main Round but unsuccessful to secure a placement in the Main Round.
No new applications will be accepted, see information available on the Computing Internship page.
Eligible students will receive the Supplementary Project Submission Form page between Wednesday 7th November to Wednesday 15th November via an email from firstname.lastname@example.org.
You can nominate multiple preferred Internship projects and host organisations through the one online application form.
As you have already submitted your resume in the Main Round, for the Supplementary Round Application will require you to upload only the following documents.
- An Expression of Interest (limit 350 words) for each organisation you wish to apply to (for organisations with multiple projects only submit one Expression of Interest but state clearly which project/s you wish to be considered for).
Semester 1 2024 Supplementary Project Submissions open on Wednesday 8th November 2023 to Wednesday15th November 2023.