Biotech one of six potential new CRCs

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A proposed 'Advanced Medical Biotechnologies' Cooperative Research Centre (CRC) is one of six applicants shortlisted for funding under the federal government's $731 million program.

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

“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 shortlisted applicants are:

  • Advanced Medical Biotechnologies CRC;
  • Blue Economy CRC;
  • Future Battery Industries CRC;
  • Future Cities CRC;
  • Future Food Systems CRC; and
  • SmartSat CRC.

The applicants will now proceed to the next stage of assessment. This includes developing a business case and attending an interview with the CRC Advisory Committee.

The final outcome is expected to be announced early next year, with funding to commence by mid-2019. Successful applicants must contribute at least the same amount in cash or in-kind contributions as they receive in government funding.