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The Australian Government targets sectors of strategic importance or competitive strength and with high growth potential through the Industry Growth Centres Initiative.

The key growth sectors were identified through independent economic analysis, including from Deloitte Access Economics, Pricewaterhouse Coopers, IBISWorld, Outlook Economics and McKinsey & Company. This led to the announcement of six target sectors for the Initiative as part of the Australian Government’s Industry, Innovation and Competitive Agenda (2014) and the National Innovation and Science Agenda (2015).

The Growth Centres began operations from June 2015.

FIAL - 30 June 2015. AMGC - 31 August 2015. METS Ignited - 22 September 2015. MTPConnect - 18 December 2015. NERA - 9 February 2016. AustCyber - 12 December 2016.

Snapshot of achievements

Engagment - >26,000 organisations including firms, reseach organisations and industry associationsCollaborative projects - $57.9 million into 150 collaborative projects. Leveraged 77.7 million, Industry and Research Partners. Total direct value of projects equals to 135.3 million.

Collaboration and commercialisation - Enhancing business capability and colloaboration through 10 tools including the Trade Barriers Register. Facilitating Industry Collaboration through 21 Clusters, Nodes and Hubs. 9 Hubs, 6 Nodes and 6 Clusters.Knowledge and Skills - 450 skills workshops with more than 10,000 participants. 485 PhD graduates placed with 300 Industry leaders through the Industry Mentoring Network in STEM (IMNIS) program.

Improved Access to Global Markets - 40 International trades shows and outbound missions inlvoving >900 Australian organisations. At least 150 firms have secured their first export or expanded sales.Regulatory reform - Collaboration on 17 regulation reform projects.

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A detailed outline of individual Growth Centre achievements is available further within this publication.