South Australian businesses with innovative ideas about food products or manufacturing are encouraged to apply for an Advanced Food Manufacturing Grant.
Round 3 of the State Government funded program is now open to food manufacturers and researchers, with $550,000 available to support jointly funded projects.
Successful grants under Round 2 include a new range of healthy superfood products from dehydrated fruit, the transformation of waste potatoes into a nutritious snack and the development of nutraceutical products using Kangaroo Island Honey.
Expressions of Interest are now open, with grants of up to $100,000 available. Businesses must match the cash contribution of grant funding for their project. Preference will be given to those projects which demonstrate a focus on delivering a functional or luxury product.
To strengthen this round the State Government has also partnered with Food Innovation Australia Limited (FIAL), to boost the available funding to the sector.
PIRSA and FIAL are key partners under the South Australian Food Innovation Centre – a unique collaboration between the State Government, SA university research and development faculties and key state-based food industry associations and research bodies.
FIAL’s support encourage investment in and uptake of innovation across the sector, leading to improved productivity and export competitiveness.
This program contributes to the State Government’s economic priority of Premium Food and Wine Produced in our Clean Environment and Exported to the World – encouraging businesses to maximise the production of value-added and differentiated food.
The South Australian finished food and wine exports for 2014-15 were valued at $3.2 billion or 28 per cent of total merchandise exports.
For more information, including the criteria and EOI process, visit www.pir.sa.gov.au/afm.
Quotes attributable to Agriculture and Food Minister Leon Bignell
Innovation is critical to the growth and success of our food industry on a global stage. The partnership between PIRSA and FIAL as part of the South Australian Food Innovation Centre is helping to provide key industry support to ensure local food producers and manufacturers are able to effectively compete in global markets and continue to produce high-value products.
The program is aimed at attracting applications from companies that are serious about investing in the future of their business and improving their capacity to grow and innovate.
This strengthens the capability of our food industry, which in turn drives productivity, profitability and export competitiveness.
Quotes attributable to Peter Schutz, Chairman, Food Innovation Australia Ltd
FIAL is pleased to partner with PIRSA to ask South Australia's food and agribusinesses: what is your challenge and can we help you solve it? We hope businesses will make the most of this opportunity to share in the future of the Australian food industry.
This program is a great opportunity. Food and agribusinesses often have challenges to address before they can grow, such as identifying new market opportunities, tailoring their packaging or adjusting the functionality of their product to meet their customer’s needs. This program will allow SA food and agribusinesses to undertake research into their business challenges and grow their capability.