Marine Bioproducts CRC

Marine Bioproducts is a not-for-profit Cooperative Research Centre (CRC) bringing together more than 70 partners from academia and industry. We are driving Australia's transition to the ‘third generation' of marine production (first generation is fishing, second generation is aquaculture). We do this by funding research and the development of new products. Thanks to a federal government grant of $59 million and co-funding from our partners, we have more than $270 million to invest over 10 years. These funds support collaborative work in four key spaces: * Establishing pathways from biomarine discovery to markets in health, nutrition, agriculture, aquaculture and biomaterials * Creating and expanding sustainable marine bioresource production facilities * The integration of marine science and biotechnology with industries in Australia and overseas * Creating industry-ready graduates focused on taking discoveries out of the lab and into the economy Our aim is to make Australia a global player in marine biotech, an industry that is forecast to be worth more than US$700 billion by 2035.