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FFI Resources
The CRC Program has awarded a seven-year investment of $34.125 million to operate the Future Farm Industries CRC. The CRC will manage a planned total resource of $114 million, including 902 FTEs over seven years.
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The planning for this CRC has sought to maximise the potential for adoption of new products and technologies by increasing the allocation of resources to commercialisation and communication:
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78% of the CRC’s resources will be directed to integrated and industry-aligned research commercialisation and communications programs to maximise value from Profitable Perennials™ development
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12% of resources will be allocated to education and training in support of uptake and diffusion of the Profitable Perennials™ brand
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548 contributed FTEs will be supported by the purchase of 354 FTEs; and
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Management and administration costs will be limited to 10%.
The estimated operating budget for FFI CRC is based on careful matching of program investment with contribution to outcomes (see table below), following analysis of the potential for product adoption in the three areas of market opportunity – innovative farming systems, new woody crop industries and NRM solutions for catchments. The table below excludes resource allocation to management and communications activities across all programs.
Investment across FFI CRC outcomes: |
Program |
Total Resources |
Per annum |
% total resources |
Productivity growth in existing industries |
P1 - Livestock,
P2 - Cropping
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$44.8m |
$6.4m |
48 |
Profitable new regional industries |
P3 - Woody Industries
|
$8.5m |
$1.2m |
9 |
Salinity damage reduced |
P4 - Saline Landscapes
|
$10.6m |
$1.5m |
11 |
Other environmental benefits |
P5 - Biodiversity/Water
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$9.9m |
$1.4m |
11 |
Capacity building |
P6 - Economics/Social P7 - Education/Training
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$8.7m |
$1.2m |
9 |
Commercialisation/Utilisation |
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$11.5m |
$1.6m |
12 |
Further information on FFI CRC resourcing is available from Mark Stickells, Acting Chief Operating Officer.
Prospective co-investment opportunities in FFI CRC research can be discussed with Kevin Goss, CEO designate.
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