Cooperative Research Centres Program impact evaluation

Date published:
13 January 2023

In 2021 we commissioned ACIL Allen to evaluate the impact of the Cooperative Research Centres (CRC) Program.

The evaluation found that:

  • the CRC Program is working well and delivering on its objectives
  • CRCs will generate an estimated $32.5 billion of economic impacts by 2025
  • Australia‚Äôs GDP is estimated to increase by $5.61 for every dollar of government funding for CRCs since 2005
  • completed CRC Projects are estimated to return $7.73 in economic benefit for every dollar of government funding since 2016.

Stakeholders and partners consider the program:

  • helps industries be more competitive, sustainable and productive
  • increases the quality and strength of collaboration between industry and research organisations
  • improves commercialisation and enhances the capability of the research workforce.