New industry-focused research to drive innovation in advanced manufacturing

1263
Image credit: industry.gov.au

Six Australian businesses have been shortlisted to deliver new industry-focused research under the Government’s $731 million Cooperative Research Centres (CRC) Program.

The shortlisted applicants, which will now proceed to the next stage of assessment, include Advanced Medical Biotechnologies; Blue Economy; Future Battery Industries; Future Cities; Future Food Systems and SmartSat.

In announcing the successful applicants, Minister for Industry, Science and Technology Karen Andrews said the CRC Program supports business-research engagement, fuelling Australian innovation and driving job creation.

“CRCs play a vital role in bringing together businesses and researchers from Australia and overseas to solve major industry challenges,” Minister Andrews said.

“CRCs demonstrate how industry partnerships with the research community can deliver high?value outcomes that improve competitiveness and productivity.”

“I congratulate the six shortlisted applicants, selected as part of the 20th CRC round to undertake research in key industry sectors like advanced manufacturing, resources, energy, health, food, agriculture, and the environment.”

The six shortlisted companies will now be required to develop a business case and attend an interview with the CRC Advisory Committee, with the final outcome expected to be announced early next year, and funding to commence by mid-2019.

Successful recipients will be required to at least match what they receive in Government funding.

Image credit: industry.gov.au