Seafood CRC's $35.52m Christmas present

The Fish Site
by The Fish Site
25 December 2006, at 12:00am

AUSTRALIA - The Australian Seafood Co-operative Research Centre has won a competitive grant of $35.52 million from the Federal Government to provide comprehensive research and development and leadership on a national basis.

The grant will help address institutional and market failure in many of the Australian seafood industry’s value chains. The CRC will undertake research programs covering value chain profitability and product quality and integrity.

The go-ahead for the Seafood CRC stands to benefit the Australian economy by more than $2.4 billion over the next decade and makes it the second largest CRC in dollar terms and the largest in participation terms. In round terms the program will be worth $135 million over 7 years.

The grant was announced by The Minister for Education, Science and Training, the Hon Julie Bishop MP, as a part of grants of $310 million for world-class research and innovation under the Australian Government’s Cooperative Research Centres (CRC) Programme.

This funding round’s 14 successful CRCs will undertake research in a diverse range of sectors, including information and communication technology, manufacturing technology and medical science and technology.

“The Government is committed to continuing to promote collaboration between industry, publicly-funded research organisations and universities,” Minister Bishop said.

Source: Australian Seafood CRC via Growfish