The CRC Program explained

The Cooperative Research Centre (CRC) Program is established as an Australian Government initiative to improve research translation into commercial products. It is administered by AusIndustry, a division of the Australian Government’s Department of Industry, Science, Energy and Resources.

The aim of the CRC Program is to deliver economic, environmental and social benefits to Australia, by improving the productivity, competitiveness, and sustainability of Australian industries.

The CRC Program itself is a highly competitive, merit-based grant program, supporting industry-led and outcome-centric collaborative research partnerships between industry, researchers, and the community.

CRCs support medium to long term industry-led collaborative research for up to 10 years. Major challenges are clearly identified and addressed through the partnerships established.

CRCs are a proven model of innovation and commercialisation, stemming from focussed research and development between researchers and industry.

CRCs additionally implement industry-focused education and training programs, enabling the development of industry-ready, highly skilled employees.

Further information www.business.gov.au.