History of the Australian Seafood Cooperative Research Centre

The bid process took a dedicated team of passionate people over two years to develop a business proposal, a full business case and to seek substantial investment from industry and research providers.

During this time, the strength and support by the seafood industry for the Cooperative Research Centre initiative was outstanding. In August 2006, every major Australian wild-harvest and aquaculture sector, and key post-harvest organisations made major, firm commitments to invest.

In December 2006, the Australian Government agreed to invest $35.5 million over seven years, to which was added more than $100 million by industry, research providers and other funding sources. We now have more than $140 million in total investment.

This extraordinary level of commitment, at a time when many industry sectors were under extreme pressure, shows how much industry leaders wanted to get on the front foot and ensure a strong financial base into the future.