Large scale research projects with a vision to boost industry and create jobs could share in funding from the Federal Government.

Round 21 of the Co-operative Research Centre (CRC) grants are now open, with the average CRC receiving around $35 million.

Minister for Industry, Science and Technology Karen Andrews said the CRC Grants are designed to bring industry and our world-class researchers together to grow and create new Australian jobs.

“Our aim through this program is to improve the competitiveness, productivity and sustainability of national industries, especially where Australia has a competitive strength,” Minister Andrews said.

"These partnerships solve industry-identified problems through conducting and commercialising leading-edge research, driving emerging technologies and leveraging global supply chains and new markets.

“Since 2013, the Liberal National Government has invested almost $1 billion into CRCs, demonstrating our commitment to ensuring the innovative work of our best and brightest reaches the market.

“Along with other Coalition initiatives such as the Entrepreneurs Programme and Industry Growth Centres, the CRC Grants is a proven model for industry and research cooperation that produces impressive commercial results.”

This latest funding further builds on our commitment to strengthening Australian industry, strengthening our economic growth and helping to create 1.25 million jobs in the next five years.

The Coalition Government continues to make significant investments in science, research and innovation – smart, strategic investments that will deliver stable support for our researchers and entrepreneurs across the coming decade.

The CRC Grants provides competitive and merit-based grant funding to support industry-led collaborative research partnerships. The grant is complemented by cash and in-kind support from industry and research partners.

Applications for Round 21 will close at 5:00 pm AEDT on 1 July 2019

Information on the CRC Grants and how to apply is available at www.business.gov.au/CRC