158 Cooperative Research Centres have been established
72 CRCs are currently operating in six industry areas
- manufacturing technology (12)
- information & communications technology (10)
- mining & energy (8)
- agriculture & rural based manufacturing (16)
- environment and tourism (17)
- medical science & technology (9)
Since the commencement of the CRC Programme, all parties have committed more than $9.6 billion (cash and in-kind) to CRCs. This includes $2.2 billion from the CRC Programme, $1.8 billion from industry, $2.6 billion from universities, more than $1 billion from state governments, more than $1 billion from CSIRO, $467 million from other Australian government agencies and $449 million from other institutions.
These figures do not include commitments made in the 2004 selection round.
Allen Consulting: It takes 9 years to reap the benefits of a CRC and for every $200 put towards a CRC there is a $300 return to the taxpayer.