Summary: The Department of Industry has announced that Cooperative Research Centres Grants Round 28 will be an AI Accelerator funding round, with approximately $50 million available to support at least one new AI-focused CRC. The round is expected to open in 2027, but details have been released to help industry and researchers plan collaborations.
Why it matters: SMEs working in AI, advanced manufacturing, health, agriculture, resources or energy may have time to form research partnerships before the round opens.
Who is affected: Innovative SMEs, startups, universities, research organisations and industry groups developing or commercialising AI-enabled products and services.
Read More: @business.gov.au