Better barramundi breeding, disease resistant bananas, a portable brain scanner for early stroke detection and a process to turn waste plastics into spectacle frames are amongst 15 highly diverse industry-led projects to receive a $33 million investment from the Australian Government.
The projects are funded under the fourth round of the CRC Projects (CRC-P) Program, and will leverage an additional $98 million in cash and in-kind contributions from 97 project partners.
The Assistant Minister for Industry, Innovation and Science, Craig Laundy, said the funding would support short-term industry-led collaborations.
“To date, the Australian Government’s CRC-P program has awarded $133 million in 63 high-quality research projects where businesses, industry and research institutions are working together to solve industry-specific issues and develop new products, technologies or services,” Mr Laundy said.
“These projects are delivering tangible outcomes for Australia’s industry sectors like energy, mining and resources, manufacturing, healthcare, agriculture and transport.”
Mr Laundy said eight of the 15 projects would be supported by an additional $20 million allocated to the CRC-P Program from the $100 million Advanced Manufacturing Fund for larger scale advanced manufacturing research projects, as announced in the 2017 Budget.
“This additional funding for the CRC-P program is part of the Government’s commitment to boosting innovation, skills and employment in advanced manufacturing to continue the transition to a new economy,” Mr Laundy said.
“These projects are helping Australian manufacturers evolve to high value manufacturing based on smart means of production and higher value adding products.”
Funded projects include:
- a portable, non-invasive brain scanner for early stroke detection and monitoring
- a high performance alternative to the lithium battery for the energy storage market
- a novel manufacturing system that transforms recycled waste plastics into durable,low-cost spectacle frames and potentially other high performance products
- a project to improve Australia’s barramundi breeding stock for sustainable,industrial-scale farming, and
- a next-generation hydrogen energy system that will offer a reliable, cost-effective renewable energy solution for regional and remote communities.
Mr Laundy said the CRC-P program was vital to helping Australian businesses and researchers to collaborate, innovate and succeed.
“By facilitating business involvement in collaborative research, the CRC Projects strongly align with the Australian Government’s commitment to improve the competitiveness, productivity and sustainability of Australian industries as a source of new growth and new jobs,” Mr Laundy said.
Applications for round five will be open from February 2018, with funding outcomes expected to be announced in June 2018.
Source: Australian Government