The Ausgralian Government announced three new Cooperative Research Centres funded under Round 22 of the CRC Program.
The new centres, Digital Finance CRC, Heavy Industry Low Carbon Transition (HILCT) CRC, and Marine Bioproducts CRC, represent a collective investment of $665 million, leveraging $158 million Australian Government investment with funding from both universities and industry.
The CRC Program has a 30-year track record of bringing together industry, research institutions and government to collaborate in a way that delivers results. The government said the CRC could add billions of dollars to Australia’s gross domestic product each year. The project will attempt to unlock new assets and make them efficient to trade.
A huge congratulations to the three newest CRC’s!