The Turnbull Government has today announced the opening of a new funding round under the Cooperative Research Centres Programme.
Collaborations between industry and researchers can now apply for up to $3 million over three years to develop products, services or processes that will solve problems for Australian industries.
The grants are being offered through the second round of the Cooperative Research Centres Projects (CRC-P) stream of the Government’s Cooperative Research Centres Programme – in which the Turnbull Government is investing $653 million.
The CRC-P funding stream supports short term, industry-identified and industry-led collaborative research projects which will develop products, services or processes that will solve problems for industry and deliver tangible outcomes and commercial benefits.
Applications are open to all industry sectors, and competition is expected to be strong.
Applications will need to address key problems for industry, be industry led, outcome focussed and demonstrate how the collaboration will deliver real impacts for the participants and Australia more broadly.
In the first round of CRC-P funding, announced earlier in the year, 11 successful projects from a range of industries shared in a total of $22.6 million in funding.
An example of a successful first round project in the construction sector was the CRC Project for Innovative Prefabricated Building Systems, which received $3 million in funding to develop an innovative building system using advanced manufacturing techniques for faster and cheaper construction.
Applications for round two funding close at 5pm (AEDT) on Wednesday, 26 October 2016.
Final outcomes are expected to be announced by the end of the year with projects commencing from early 2017.