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CRA Head Jane O’Dwyer welcomes federal investment in Australia’s research capabilities

Cooperative Research Australia (CRA) CEO Jane O’Dwyer has commended the $392 million Federal Budget allocation for the Industry Growth Program, calling it a welcome addition to the support mechanisms aimed at fostering Australia’s research capabilities. 

Budget covers $392m for industry growth, $101m for quantum and AI

The Albanese Government has earmarked $392 million for the Industry Growth Program in the form of grants to start-ups and small-to-medium businesses as well as $101 million for the development of quantum and artificial intelligence industries.

Australian medtech, pharma industries get boost in 2023 Federal Budget

The Federal government has allocated $392.4 million in funding for the establishment of a new Industry Growth Program that would boost the development of priority sectors, such as medtech, biotech, and pharma. 
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.