Industry Growth Centres Initiative ProgrammeOverview
This programme aims to to drive innovation, productivity and competitiveness through an industry-led process. It is a key component of the Commonwealth Government’s Industry Innovation and Competitiveness Agenda, announced on 14 October 2014.
The government has tasked the Growth Centres with leading cultural change in their sectors. They focus on:
- Increasing collaboration and commercialisation
- Improving international opportunities and market access
- Enhancing management and workforce skills
- Identifying opportunities for regulatory reform
The programme will be delivered through six growth centres, established as not-for-profit companies limited by guarantee with a board of respected industry leaders, in six sectors of competitive strength and strategic priority:
- Advanced Manufacturing Growth Centre (AMGC)
- Cyber Security Growth Centre (AustCyber)
- Food and Agribusiness Growth Centre (Food Innovation Australia Ltd)
- Medical Technologies and Pharmaceuticals Growth Centre (MTPConnect)
- Mining Equipment, Technology and Services Growth Centre (METS Ignited)
- Oil, Gas and Energy Resource Growth Centre (National Energy Resources Australia)
Each centre has its own Sector Competitiveness Plan describing:
- The 10-year strategy for the sector
- Identified regulatory reform opportunities
- Industry Knowledge Priorities such as skills and research requirements
The total amount of funding available under the programme is limited by the programme appropriation. There is no allowance for payment of one-off or ad hoc grants outside of the appropriation. It is an expectation of the programme that the growth centres will seek additional investment from founding members and other growth centre participants to fund their activities.
A total funding pool of $238 million is available over four years from 2017-18 to 2020-21.
Please refer to the programme Guidelines for the eligibility requirements of stakeholders interested in participating in the development of a growth centre proposal.Eligible Activities
Eligible activities for each growth centre must address the four broad themes of:
- Regulatory reform
- Industry-research collaboration and commercialisation
- Market access and global supply chains
- Skills and workforce development, as articulated in the programme objectives
Each growth centre will be required to develop a series of key activities that it will initially undertake during its first year of operation. These initial activities are required to align with the programme objectives.
Please refer to the programme Guidelines for the complete information on eligible activities.
The main assessment criteria include:
- How the strategy and objectives for the proposed growth centre will improve the competitiveness of the sector and address emerging issues and opportunities. (30 points)
- How the suggested activities for the proposed growth centre support the objectives for the proposed growth centre. (30 points)
- The capacity of the proposed growth centre to deliver on its objectives, including: (40 points)
a) The ability of the proposed growth centre to engage with, and create critical mass in, its sector and its plan to progress its proposed activities. (15 points)
b) The proposed growth centre’s indicative budget, pledged resources (cash and in-kind) and approach to risk management and intellectual property. (10 points)
c) The proposed members for the growth centre board (and their proven experience and capability in the key growth sector). (5 points)
d) The proposed growth centre’s suggested key performance indicators (KPIs) and reporting and evaluation approach. (5 points)
e) The proposed growth centre’s suggested marketing and communications activities, including its vision for the Industry Growth Network in its sector (5 points).
Growth centre proposals will be required to achieve a minimum score of 60 points and a minimum score of 60% of the available points for each weighted criterion.
- Research & Development
- Business Support