Celebrating innovation

© Stock.Adobe.com/au/Magdalena Bujak

As Chair of both the Food and Agribusiness Growth Centre, and the Modern Manufacturing Translation and Integration Streams of the Modern Manufacturing Initiative (MMI), I am delighted with the latest release of the book: ‘Celebrating Australian Food and Agribusiness Innovations’. This book highlights the importance of backing small to medium-sized businesses. It also describes the journey of businesses who are improving their access to new markets and customers through innovative new products and services.

With Food and Beverage identified as one of six National Manufacturing Priorities, the sector’s recognition as an Australian sovereign capability is testament to the critical role our manufacturers play in feeding not only Australians, but many others across the world. Our comparative advantage and/or strength in Food and Beverage Manufacturing was particularly demonstrated during the COVID-19 pandemic.

The $1.3 billion MMI Commonwealth support will help Food and Beverage Manufacturers translate good ideas, with a technology readiness level between three and six, into commercial outcomes and ultimately jobs. It will also provide pathways for our manufacturers to integrate into local and international supply chains and markets. Above all, it will provide the platforms for building scale and growth to the more than 98 per cent of small to medium-sized businesses operating in the sector. I hope these innovative stories inspire many others to take a similar journey and turn an idea into reality — thereby unlocking value for Australia.

MICHELE ALLAN Chair, FIAL