$55m funding to kick-start iMove CRC


By Dylan Bushell-Embling
Wednesday, 08 March, 2017

$55m funding to kick-start iMove CRC

The federal government has allocated $151.5 million to establish four new specialised cooperative research centres (CRCs) designed to deliver practical solutions for common industry issues.

One of them, the iMove CRC, will be granted $55 million over 10 years to explore evolving new vehicle technologies that can help reduce congestion, fuel use and emissions while improving national productivity and competitiveness.

Announcing the allocations, Minister for Industry Innovation and Science Arthur Sinodinos said that the government has invested more than $4.2 billion in CRCs since the program’s inception.

“[The program] is a competitive, merit-based grant program that supports industry-led and outcome-focused collaborative research partnerships between industry, researchers and the community,” he said.

Follow us on Twitter and Facebook

Related News

Survey finds low compliance with AI and privacy laws

Research from Vanta has found that only 28% of Australian businesses fully comply with...

36% of Australian organisations lack AI maturity: research

Research from TeamViewer finds that many Australian organisations believe AI is now essential for...

Zoho to leverage NVIDIA tech to build LLMs

Business software company Zoho is leveraging NVIDIA's AI Accelerated computing platform to...


  • All content Copyright © 2024 Westwick-Farrow Pty Ltd