 The Business Opportunity
There is a worldwide move to define and promote the nutritional value of foods, and competitor industries are rapidly expanding their genomic investments. The dairy industry is investing in new technologies to remain internationally competitive.
The CRC will receive $17 million in Australian federal government funding over seven years. Together with members' cash and in-kind contributions, this support gives the CRC access to a $90 million stream of research activity in genetic technology.
Members work through the CRC to leverage their own technological capital and experience. They will do this by contributing to and co-operating within the CRC. Members are entitled to commercialise selected intellectual property produced by the CRC. They also have equity in the capital growth of the total intellectual property portfolio and its related revenue streams.The CRC offers membership to research and commercial organisations with international standing in the industry.
Commercial Benefits
Opportunities for Value Creation:
- New health products
- High-value milk with health-giving components
- Highly efficient milk-producing animals
- Disease-resistant cows
- Genetic tests to identify the most efficient and effective milk-producing cows
- Rapid improvements in herd composition
- Milk products with more diverse uses
Members' business advantage:
- Access to cutting-edge bovine genetic capability platforms
- Option to leverage $A17 million core funding
- Access to $A90 million pool of world-class genetic technology research
- Chance to join a unique consortium offering the complete package from gene discovery to commercialisation
- Entitlement to commercialise selected intellectual property and leverage their own intellectual property
- Equity in capital growth of the intellectual property portfolio
For further information on investing, click here.
Should you have any further questions, click here to email the Dairy CRC.
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