Hi!

I was surprised to see that WMAU didn't put in an application for funding
with the FDC in the October round. As a result, we won't be getting any
funds from that route in 2013, especially as we didn't apply in the earlier
round. As near as I can figure, we currently have commitments of at least
$54k in 2014 as part of the ARC Linkage grant, along with the $29k
commitment for 2013 (which was quarantined and covered), but it seems that
meeting these commitments will drain us of remaining funds unless something
has changed with the Linkage grant or we have an alternative revenue stream
in place.

In light of comments about the possible changes to FDC funding, where does
this leave us? Do we have sufficient funds to see us out until June, 2014,
when the next FDC round is due to be decided?

It seems that this may be worth discussing, especially if there's anything
that we can do to get alternative revenue sources in place.

Regards,

Adan,
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