The funding will be used to incorporate selected technologies into Moodle through integrations, or within the Moodle core code, with the aim of sustainability via the Moodle ecosystem.
Moodle has been adopted enterprise-wide by more than one third of all Australian Universities to-date, with NetSpot providing support for many of them.
According to Allan Christie, Founder and Managing Director of NetSpot, "eLearning has been a passion of mine for 25 years and I am delighted that NetSpot has grown to the point that it is able to support innovations in the Higher Education setting that will provide sustainable benefits for all."
For full details of the NetSpot Innovation Fund, please download the press release from NetSpot News and Announcements.
Update: Applications are now open for funding to support eLearning innovations for tertiary education sector in Australia. For full details, see NetSpot Innovation Fund.
(Edited by Helen Foster to add update - original submission Monday, 1 August 2011)