Joint Media Release with Minister for Agriculture and Water Resources The Hon David Littleproud MP
Northern Territory 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.
Country Liberals Senator for the Northern Territory, Nigel Scullion, 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 programme.
“It’s great to see the government backing Territory farmers and fishers through this programme which is delivering real outcomes at the farm-level through research and development,” Senator Scullion 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.
“ABARES has previously found that for every dollar the government invests in rural R&D, farmers generate a $12 return within 10 years.
“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 programme 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.”
Applications for round four of the Rural Research and Development (R&D) for Profit programme close 5 November 2018. For more information on key dates and how to apply visit GrantConnect.