Growth Centre gets tick of approval

August 11, 2015

The new Food and Agribusiness Growth Centre has been approved.

The Minister for Industry and Science, Ian Macfarlane, has approved the Food and Agribusiness Growth Centre which is part of the $225 million Industry Growth Centre Initiative. The Growth Centre headquarters will be located at the CSIRO’s Food Innovation Centre in Werribee, Victoria.

The four main areas the Growth Centre will be focusing on will be reducing regulatory burden, commercialising new products and services, engaging with global markets and supply chains, and improving workforce skills. Food Innovation Australia Ltd (FIAL) will receive $15.4 million from the Australian Government for the first four years of its operation as a Growth Centre, and look to increase this investment from industry and other sources.

The new Growth Centre board met for the first time on 29 June 2015, and various strategic issues relating to the food and agribusiness sector were discussed. Details about the forthcoming sectoral strategy that will be used to align the Growth Centre activities will be shared over the coming year.

This information was shared by the CRC Association Newsletter on 29 July 2015. Read the newsletter here.

Related stories

10 thoughts on “Leading sustainable design”

    1. Thanks Jeff! We’re going to publish interviews with the leaders of some of the top 25 companies over the course of the week – keep an eye out!

      1. Love to see @buildingiq on this list!! Csiro spin out in 2009, now global award winning player and backed several times by Ausindustry $; listed ASX in dec 2015

        1. Thanks Michael. BuildingiQ does look like a great service for optimising commercial energy use. A number of great contenders certainly made the judges’ job difficult.

  1. Wow some impressive Coys — Would have thought AJX (ASX listed ) and a new kid on the block EDE who both have proven technologies (AJX USA Defence chosen) (EDE huge concrete potential) may have made your list — Thanks… for reading my post. I have no idea on your selection critera BARRY

    1. Thanks Barry. Both those companies look like they’re working on environmentally friendly solutions. The panel of judges considered the following criteria: total market value, annual turnover, patents awarded and cited, funding and investment, growth year-on-year, social value, overseas expansion and major partnerships.

  2. I’m not sure I read the article properly as I suffer from presbyopia – anyone doing anything about this condition?

  3. I’ve been curious about the different uses of contact lenses. I think it’s so interesting that they are developing smart contact lenses! I love the idea of technology like this. I can’t wait to see how it progresses! Thanks for sharing!

    1. Thanks for the great comment Braden! We can’t wait to see the future of this awesome technology too. Did you see some of the weird and wonderful tech in sciencemeetsbusiness.com.au/big-data-big-business/? Umbrella rain sensors, pigeon pollution monitoring. Keep in touch! SMB

Leave a Reply

Your email address will not be published. Required fields are marked *