Driving Farmgate Profits in our Region Through R&D

Tuesday, 14 August 2018

Driving Farmgate Profits in our Region Through R&D

Local farmers will be able to boost productivity and profits thanks to a further $35 million for cutting-edge research across the agricultural, fishery and forestry industries.

LNP Federal Member for Wright, Scott Buchholz today welcomed the opportunity for Rural Research and Development Corporations (RDCs) to apply for round four of the government’s Rural Research and Development (R&D) for Profit program.

“It’s great to see the government backing our local farmers through this program which is delivering real outcomes at the farm-level through research and development,” Mr Buchholz said.

“Previous funding rounds have funded projects such as one looking into stimulating private sector extension in agriculture to increase returns from research and development.

“Another project is exploring how new legume varieties can best boost farm profits for mixed farms (cropping and livestock) in low and medium rainfall areas.

“Collaboration is a key focus of the $180 million Rural R&D for Profit program and RDCs must team up with one or more RDC, research or industry partners and at least match the government’s funding.”

Minister for Agriculture David Littleproud said for the first time this round would also consider applications to fund the second phase of previously funded projects.

“I want to build on the success of the program and this could include further funding for research towards commercialising a product or service and get it in the hands of farmers,” Mr Littleproud said.

“We have targeted this work to advanced technology, biosecurity, managing natural resources and adoption of R&D.”

ENDS

·        Applications for round four of the Rural Research and Development (R&D) for Profit program close 5 November 2018. For more information on key dates and how to apply visit GrantConnect: www.grants.gov.au

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