The Australian government will invest A$34.5 million in 17 projects involving industry and research.
Projects involve solutions like developing biodegradable industrial lubricants and creating cost-effective, self-sustaining glasshouses that regulate light to maximise crop yield and creating a manufacturing capability for a low cost point-of-care biosensor diagnostic device for early cancer detection.
The funding will be delivered through the government’s Cooperative Research Centres (CRCs).
These projects were selected from 57 compliant applications and, with A$79.9 million in cash and in-kind inputs from more than 70 participating businesses, partnerships and research institutions.
Industry minister Arthur Sinodinos said that his department will be taking applications until 22 March 2017 and funding outcomes are expected mid-2017.
Sinodinos also said each project selected will apply high quality research to solving an industry-specific issue, or develop new products, technologies or services. This work supports the National Innovation and Science Agenda.