Farmers who grow some of Australia’s favourite foods will benefit from Commonwealth funding for research into eco-friendly fertiliser technology announced today.
Assistant Minister for Science, Jobs and Innovation, Zed Seselja, announced today that the Eco-Friendly Fertilisers for Sustainable Farming Project has received $1.8 million in the fifth round of the Cooperative Research Centre Projects (CRC-P) Program, and is backed by $2.8 million in cash and in-kind contributions from industry partners.
Expected to reduce fertiliser costs and improve plant growth in the tropical agriculture industry, the project is led by Indooroopilly based company, Sustainable Organic Solutions (SOSBio), and will trial a new eco-friendly fertiliser technology containing plant growth promoting rhizobacteria and innovative adaptive-release organic fertiliser to improve tropical agriculture and horticulture.
Assistant Minister for Science, Jobs and Innovation Zed Seselja said the CRC-P Program is a critical element in the Government’s commitment to innovation.
“The CRC-P Program helps businesses, industries and research organisations work together on short-term projects to develop practical solutions to challenges in key industry sectors,” Assistant Minister Seselja said.
Federal Member for Ryan, Assistant Minister Jane Prentice, said it was exciting to see the Coalition Government supporting inventive businesses.
“Having a local company take the lead on this project is typical of the innovation that we see time and again in Ryan.”
“I look forward to the outcome of this research, and wish the team great success in strengthening the tropical agriculture and horticulture industry in our state,” Assistant Minister Prentice concluded.