What is a CRC?
The Cooperative Research Centre (CRC) Program is a Commonwealth Government program providing grants for up to 10 years.
CRCs are independent entities, established and governed as incorporated companies limited by guarantee and comprise industry led collaborations between industry, researchers and the community. The focus is on research and development that will have commercial uses. The CRC Program aims to improve the competitiveness, productivity and sustainability of Australian industries, especially in government priority areas, use high quality research to solve industry identified problems, and encourage SMEs to take part in collaborative research.
With more than 230 CRCs being funded since the program’s commencement, the Australian Government has committed more than $4.8B in CRC funding.
The Solving Plastic Waste CRC will be established as a not-for-profit company limited by guarantee. It will be governed by a majority independent skills-based board.
The Solving Plastic Waste CRC has a Term Sheet, developed in consultation with its partners, which further articulates the governance and management of the CRC and will form part of the package of information made available to prospective CRC partners.