Media Release

9 December 2014

​Eligible rural research and development corporations and their partners have until 15 December to apply for the Australian Government’s $100 million Rural Research and Development (R&D) for Profit grants programme.

Minister for Agriculture, Barnaby Joyce, today encouraged eligible rural research partnerships to apply for funding in the first round of the programme, which closes on 15 December.

“This programme encourages industry, researchers and private organisations to think creatively to develop new, innovative and ongoing collaborations that achieve tangible benefits for our primary industries,” Minister Joyce said. 

“This is a practical investment in Australia’s future. It will fund nationally coordinated, strategic research that addresses key R&D priorities to deliver much needed returns at the farmgate.

“R&D makes a very significant contribution to growth in agricultural productivity—the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) has found that for every dollar the government invests in agricultural R&D, farmers generate a $12 return within 10 years.

“This programme is designed to deliver research that directly improves productivity and profitability across Australian agriculture—and it needs to be able to demonstrate these tangible benefits. 

“Rural R&D for Profit will focus on delivering accessible and innovative technologies and research for primary producers, while fostering partnerships and collaboration across the sector.” 

Under the programme, all 15 Research and Development Corporations (RDCs) can apply for funding. To be eligible, RDCs must partner with one or more researchers, research agencies, funding bodies, businesses, producer groups, or not-for-profit organisations, and provide a contribution (cash or cash and in-kind) at least equal to the requested Commonwealth grant funding.  

In round one, applications must address one or more priorities in the following research, development and extension areas:

  • increase the profitability and productivity of primary in​dustries
  • increase the value of primary products
  • strengthen on-farm adoption and improve information flows 
  • strengthen primary producers’ ability to adapt to opportunities and threats. 
Applications for the first round must be received by the Department of Agriculture by 11.59pm (AEST) on 15 December 2014. 

For more information about the Rural R&D for Profit programme visit the website at agriculture.gov.au/rd4profit.