Help to commercialise your Aussie know-how

Minister for Industry and Science, the Hon Ed Husic, launched Round 15 of Cooperative Research Centres Projects (CRC-P) Grants today with a focus on key priorities of the National Reconstruction Fund, including transport and low-emissions technologies.

The Albanese Government have said the National Reconstruction Fund (NRF) will deliver one of the largest peacetime investments in Australian industry and Australian manufacturing.

Minister Husic identified the government’s priority areas when the NRF was announced earlier this year, including renewables and low-emissions technologies, medical science, transport, value-adding in resources, value-adding in agriculture, forestry and fisheries, defence capability and enabling technologies.

“It will also help address the inflation challenge in the economy by reducing our dependence on broken supply chains,” he said.

“The CRC projects provide short-term support, of up to three years, for collaborative research projects.”

The government expects to award around $40 million in grants to small and medium businesses for projects to support a circular economy or meet the key priorities of the National Reconstruction Fund.

CRC-P funded projects must:

• develop a product, service or process that will solve problems for industry and deliver real outcomes
• benefit small to medium enterprises (SMEs)
• include education and training activities.

You can use the funding to cover costs directly related to your project including:

• new research
• proof of concept activities
• pre-commercialisation of research outcomes
• industry-focused education and training activities
• conferences, workshops, symposia related to the joint research
• information sharing and communications related to the research.

Since the CRC-P scheme was introduced in 2016, more than $500 million has been awarded to over 200 Australian businesses and organisations across Australia.

Applications for CRC-P Round 15 are open for six weeks and close on 14 September 2023. For more information or to apply, visit www.business.gov.au/crc-p.