As part of the Trailblazer program, the Australian Government is funding $ 50 million (US $ 34.9 million) in research funding through three universities in Queensland to increase the potential of US food and beverage production.
The University of Queensland (UQ) will partner with the University of Southern Queensland (QUT) and the University of Southern Queensland (USQ) in collaboration with industry and innovation partners to drive growth and innovation in the food and beverage sector.
In addition to government funding, the three universities and industry partners will invest an additional $ 110 million in the project.
Food and Beverage Accelerator (FaBA) is one of six Trailblazer initiatives, including Defense, Clean Energy and Recycling, Resource Technology and Key Minerals, Space and Medical Products Trailblazer, leveraging the research capabilities of Australian universities. And designed to expand the country’s manufacturing industry. Priority.
Professor Matthew Morell, Director of the Queensland Agricultural and Food Innovation Alliance, said: release On Monday, the project is to work together to create new technologies, products and businesses in the food and beverage sector, which will create jobs and boost Australia’s economy.
“By 2030, this project will help double the value of Australia’s food and beverage manufacturing sector by focusing on smart production and new ingredients and creating innovative food and beverages. I’m aiming for that, “he said.
“FaBA is expected to attract a $ 1 billion investment in food and beverage manufacturing and help create 1,700 skilled jobs in addition to an additional 15,000 jobs across the sector.”
Food and beverage manufacturers will have access to affordable pilot facilities and state-of-the-art equipment for testing new products. FaBA will also work with the Federal Institute for Scientific and Industrial Research (CSIRO) to access existing facilities for food research.
“This will be a catalyst for commercialization and a game changer in this sector,” Morel said.
“This investment will enable innovative SMEs to accelerate their ability to develop and manufacture products that meet changing consumer needs, such as the desire for premium products.”
Stuart Robert, Deputy Minister for Education and Youth, said the Trail Blazers program has linked universities and businesses, with $ 362 million in taxpayer funding raising more than $ 1 billion in co-investment from university and industry partners. rice field.
“Our economic plan has helped strengthen Australia’s R & D, create more jobs, build a stronger economy and a stronger future,” he said.
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Steve is a Sydney-based Australian reporter with sports, arts and politics. He is an experienced English teacher, a qualified nutritionist, a sports enthusiast, and an amateur musician. Contact him at [email protected]