10 reasons to collab with a university on a CRC-P Grant

The latest CRC-P – Round 17 (Cooperative Research Centres Projects) was recently opened, and we have the top 10 reasons why a ‘collab’ with a university can benefit your company to drive research, technology and innovation advancements.

The latest CRC-P – Round 17 (Cooperative Research Centres Projects) was recently opened, and we have the top 10 reasons why a ‘collab’ with a university can benefit your company to drive research, technology and innovation advancements.

By partnering with university on a CRC-P, companies can leverage financial support, access cutting-edge research, and solve pressing industry challenges.

Here is oursummary of the top 10 reasons to explore a CRC-P Grant:

  1. Financial Support: Secure matched funding ranging from $100,000 to $3 million. This substantial financial backing enables your company to undertake ambitious R&D projects without straining your budget
  2. Increased Competitiveness: Enhance your company's market position by developing new products, services, or processes. University partnerships can provide the competitive edge needed to succeed
  3. Expertise Across Multiple Disciplines: Universities bring together multidisciplinary teams from various fields, ensuring comprehensive solutions to complex challenges
  4. Enhanced Innovation: Collaborative research fosters an environment of creativity and innovation. Partnering with a university can help solve industry-specific problems and create impactful solutions
  5. Industry Networks: Leverage the university's established industry connections. These networks can open doors to new partnerships, opportunities, and resources for your company
  6. Holistic Project Support: Benefit from support throughout the project lifecycle, from proof of concept to pre-commercialisation. Universities often offer education and training activities to equip your team with the skills needed for success
  7. Simplified Application Process: Enjoy a streamlined online application process. Universities typically provide guidance and support, making it easy for your company to apply and secure funding
  8. Real-World Impact: Drive tangible results with your projects. Partnering with a university means contributing to advancements that have a lasting impact on your industry and society
  9. Future-Proof Your Business: Position your company for future growth and innovation. By collaborating with a university, you'll be at the forefront of industry advancements and prepared for emerging challenges
  10. Access Cutting-Edge Research: Universities provide access to world-class research expertise, helping your company leverage innovative solutions and stay ahead in your industry.

What is a CRC-P Grant?

Cooperative Research Centres Projects (CRC-P) Grants are designed to foster short-term, industry-led research collaborations that develop new technologies, products, or services to solve industry-specific problems.

The Australian Government has opened CRC-P Round 17 and it offers matched funding between $100,000 and $3 million for up to 3 years. This funding can significantly boost a company's research and development efforts, enhance competitiveness, and drive innovation.

Apply now: Cooperative Research Centres Projects (CRC-P) Grants | business.gov.au

Why choose La Trobe?

  • Research Excellence: Our commitment to research excellence ensures that your projects are in capable hands.
  • Comprehensive Solutions: We provide multidisciplinary expertise for well-rounded solutions.
  • Dedicated Support: Our industry engagement team is here to assist you every step of the way.

To connect with us to understand the different ways we can collaborate and partner together. Please contact our Enterprise Development team.