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SA Government Offers $500,000 Funding To Create Innovative Foods

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Creating South Australia’s next innovative food product is on the menu for local food manufacturers and researchers as part of a State Government program.

The Advanced Food Manufacturing (AFM) grants program supports co-funded projects that develop new or improved food products or manufacturing processes through the commercialisation of research.

Expressions of Interest for Round 2 of the program have opened today, with grants of between $25,000 and $100,000 available for approved projects.

Agriculture, Food and Fisheries Minister Leon Bignell said developing innovative food products was crucial to opening new markets, increasing exports, and boosting profitability for the state’s food manufacturers.

“Our food industry generated a record $15.3 billion for the state’s economy in 2013-14,” he said.

“The AFM program offers opportunities to grow our food industry and economy even further by supporting local food manufacturers and researchers to work together to develop innovative food products in South Australia.

“The $500,000 available in Round 2 will support projects that commercialise new or existing research. It will also build on the success from AFM Round 1 projects, with new products and processes already being developed.”

Round One AFM grants were awarded last June to nine projects with a total value of $1.23 million – $694,000 of State Government funding and industry co-funding of $542,000.

Successful Round 1 projects include the South Australian Research and Development Institute’s partnership with Barossa Pizza to develop a new frozen pizza range, and the collaboration between the University of Adelaide’s FOODplus research group and Solar Eggs to develop eggs with increased levels of Omega 3.

Solar Eggs Managing Director Jonathan Attard said the AFM grant awarded to his company gave it an opportunity to work with researchers that would otherwise have been hard to access.

“The grant allowed us to combine our expertise with their insights to innovate in a new direction for this business,” said Mr Attard.

The AFM program helps to deliver the State Government’s strategic priority of Premium Food and Wine from our Clean Environment.

Expressions of Interest for Round 2 of the AFM program close on 25 February, 2015.

For more information visit www.pir.sa.gov.au/food

 

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