FEDERAL government has announced more than $150 million in funding for four new Cooperative Research Centres (CRC).
A High Performance Soils CRC will receive $40m over 10 years, aimed at farmers to bridge the gap between soil science and critical on farm decision making. It will be backed with $137m in cash and in-kind participant contributions.
The Food Agility CRC is set to help the sector tackle digital transformation across the value chain for fresh and processed food. It will be supported with $162m in cash and in-kind participant contributions.
A Honey Bee CRC will receive $7m over five years, to link unique floral hive sites to product quality control processes and to help boost the industry’s marketability. It will be supported with $19m in cash and in-kind participant contributions
The iMove CRC is funded with $55m over 10 years targeting new vehicle technologies to boost traffic, intermodal connections and freight operators. The funding will be matched with $179m in cash and in-kind participant contributions.