The AgriFutures™ Emerging Industries Program is dedicated to identifying and supporting the development of new and emerging rural industries that can meet changing demand and make a valuable economic, social and environmental contribution to Australia. The Program has set an ambitious goal to identify and support the emergence of agricultural industries that can reach or exceed a $10M per annum threshold over the next five years.
To meet this goal, the program is calling for representative organisations and businesses involved in emerging industries, to submit RD&E priorities to identify areas of potential RD&E investment.
AgriFutures™ Senior Manager Emerging Industries, Tom McCue said this was the second open call for the Program since its formation in late 2018.
“This is an exciting opportunity for us to better understand the challenges and opportunities of Australian emerging industries, and the role RD&E can play in driving the future prosperity of new industries and the Australian agricultural sector.
“Emerging industries will be key to helping the Australian agricultural sector remain at the forefront of innovation and to contribute towards targets like the National Farmer’s Federations’ vision to exceed a $100 billion in farm gate value by 2030. AgriFutures™ Emerging Industries program has a key role to play if we are to maximise the Australian agricultural sector’s competitive advantage,” said Mr McCue.
According to Mr McCue this Open Call is seeking proposals from industries at various stages of development.