The Cooperative Research Centre (CRC) Program is a Commonwealth Government program providing funding for up to 10 years.
CRCs are independent entities, established and governed as incorporated companies limited by guarantee and comprising industry-driven collaborations between industry, researchers and the community. The focus is on research and development that will have commercial and practical applications.
The CRC program aims to improve the competitiveness, productivity and sustainability of Australian industries, especially in government priority areas, use high quality research to solve industry-identified problems, and encourage SMEs to take part in collaborative research.
With more than 226 CRCs being funded since the program’s commencement, the Australian Government has committed more than $4.5 billion in CRC funding.