New Industry Growth Centres to foster smart, high value sectors
Is your business involved in one of the following sectors?
- Advanced Manufacturing
- Cyber Security
- Food and Agribusiness
- Medical Technologies and Pharmaceuticals
- Mining Equipment, Technology and Services
- Oil, Gas and Energy Resources
They've have been earmarked by the Australian Government as priority sectors for driving future innovation, productivity and competitiveness in the Australian economy.
The Industry Growth Centre Initiative enables national action on key issues such as collaboration, commercialisation, international engagement, skills and regulatory reform. It fosters growth in smart, high value and export-focused industries to secure Australia’s long-term prosperity and create the jobs of the future. It is a collaborative, industry-led approach aimed at building capability and stronger industry systems.
The Government is investing $250 million over four years in the six Industry Growth Centres to assist businesses in these sectors to take advantage of emerging opportunities in the global marketplace. Similar initiatives are already successfully operating in other developed countries facing similar challenges, such as the US, UK and Canada.
Industry Growth Centre activities
Industry Growth Centres are independent not-for-profit companies, driven by a strategic board of eminent industry leaders who are developing a strategic vision to secure the long-term future of their sectors and seize the enormous opportunities ahead.
The long-term sector strategies set by each of the Growth Centres highlight opportunities and drive activities to boost productivity by increasing collaboration and commercialisation, improving management and workforce skills, optimising the regulatory environment and assisting the sector to engage in international markets.
Growth Centres work to unlock commercial opportunities and drive innovation by connecting businesses and industry organisations with research and technical expertise to solve challenges.
They assist Australian industry to better capitalise on the excellent research and development undertaken in Australia.
Growth Centres also help align industry and innovation policies and programs to ensure research activities are targeted at priority areas for business.
More information
For more information on the initiative and how you can engage with one of the Growth Centres visit industry.gov.au/IndustryGrowthCentres or contact Tracy Scott-Rimington on 0433 346 344 at RDA Brisbane who will connect you to the right people.