Cicada Innovations and GRDC launch Australia’s first grain agrotech challenge


SYDNEY, 22 November 2021 / PRNewswire / – australia cutting edge technology pioneer incubator Cicada innovations starts australia first cereal agrotech challenge in collaboration with the Grain research and development company (GRDC) and is now appealing to entrepreneurs, grain producers and researchers.

The GrowLab Cereal Challenge is designed to discover innovative, cutting-edge technology solutions that will help drive sustainability and create lasting profitability for australia $ 13.77 billion grain industry.

Successful candidates will be invited to participate in a 6-month coaching program, which includes a dedicated workspace at the Cicada Innovations incubator and membership in Cicada’s Deep Tech community.

Attendees will also have access to state-of-the-art rapid prototyping facilities, shared labs, organized events and resources, as well as presentations from Cicada and GRDC’s network of mentors, successful industry experts, investors and entrepreneurs.

Program participants will receive guidance on how to refine their value proposition, navigate the agri-tech and grain industry, build their business model and pricing, identify the right customers and partners, prepare for invest and build a winning team.

Applicants with solutions from a wide range of research and industries beyond agricultural technology are encouraged to apply. This could include application in automation used in mining, biotechnology (nanotech, synthetic biology, antimicrobial resistance), data science, circular economy and sustainability.

Sally-Ann Williams, CEO of Cicada Innovations, said: “The grain industry is a huge contributor to the Australian economy, and it’s critical that we find new ways to support its sustainability and long-term profitability. Providing new, in-depth technological solutions and supporting their market access will benefit the grain sector and regional communities.

“We are delighted to launch australia first grain agrotech challenge, and we are optimistic about the prospect of discovering innovative and revolutionary solutions to new problems that often arise at the intersection of multiple disciplines and industries through in-depth technologies.

“With this challenge, we are looking for innovators working in all kinds of fields and technologies, from task automation and sensors to renewable technologies and genetic tools. We are looking for solutions that will help producers develop new, new and high added value. products and by-products for health and nutrition, animal feed and industrial uses or biofuels.

Chris Murphy, Director of Business Development and Marketing for GRDC – North, said: “The GrowLab Grains Challenge aims to support innovators with ideas that could potentially transform the grain industry.

“GRDC is committed to studying and exploring innovative concepts and new technologies from grain producers and other non-traditional sources of Australia and across the world.

“With the support of incubators like Cicada Innovations, we want to position successful participants so that they are well positioned to attract new equity investments and take their products or services to the next level.

“This investment in innovation may look different from the way GRDC has traditionally provided support, such as through universities, state agricultural departments or CSIRO.

“However, the intention and results are always aligned with our strategic plan. That is, we want to create sustainable profitability for Australian grain producers.”

According to GRDC, 22,500 cereal farmers created $ 13.77 billion in gross value of production in the Australian grain industry in 2020-2021, including $ 12.4 billion in exported cereals.

Cereals are also australia second largest agricultural industry by value, accounting for 27 percent of the total gross value of production.

Applications are open until December 17, 2021. All interested parties can apply here.

Cicada innovations (www.cicadainnovations.com.au) is the home of deep technology in Australia. The Sydney-Incubator with twenty-one years of experience developing in-depth technology companies tackling some of the world’s most pressing problems.

At the forefront of innovation, it supports companies seeking to create life-changing technology – by applying cutting-edge sciences such as advanced materials, synthetic biology and AI to challenges such as the future of human health, food security and the climate crisis.

Since its inception, Cicada has experienced an unprecedented number $ 1.2 billion in the exits of six deep tech companies over the past two decades and has helped more than 300 companies raise more than $ 930 million in financing. It has been twice named “World’s Best Incubator” by InBIA and has provided marketing training to thousands of people working in science and technology.

Grain research and development company (www.grdc.com.au) is a Commonwealth company established under the Primary Industries Research and Development Act 1989 (PIRD Act) and our portfolio department is the Australian Department of Agriculture, Water and Environment.

Our goal is to invest in research, development and extension (RD&E) to create sustainable profitability for Australian grain producers. They invest in RD&E projects to provide new and improved varieties, farming practices, technologies and capabilities to the Australian grain industry. These investments drive the discovery, development and delivery of world-class innovations.

SOURCE Cigale Innovations

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