The more I think about this, the lesser and lesser it's likley effectivness becomes to me. Termin8 posted about the Victorian state government's incentive for game development, and it has come to my attention that the New Zealand government has set up a board to encourage game development here as well. Both the schemes I believe to be pretty dodgy. The institute here is solely commercially minded, and not at all much use to my friend, who is looking seriously (he's got the skills and experience) to start a development house here. It isn't because the people that work for the board have negative intentions or anything, just that the government has little expertise in the area of games, and severly restricts the board's effectiveness as a result.
Governments have done crap all to help games in the past, imposing laws and restrictions based on the lowest denominator. I smell political faddism rearing it's distasteful, illogical and somewhat distorted head.