Our investments in RD&E
We use the CRDC Strategic RD&E Plan 2018–23 to guide our investments. Through this Strategic Plan, in 2019–20 we invested to help increase productivity and profitability on Australian cotton farms; improve cotton farming sustainability and value chain competitiveness; build the adaptive capacity of the Australian cotton industry; strengthen partnerships and adoption; and drive RD&E impact.
We achieved a balanced RD&E portfolio that considers the distribution of our investment across:
- The RD&E strategies
- The type of research, including innovation, knowledge creation, knowledge transfer and application, benchmarking, industry capacity, and education
- In-project risks
- Researcher experience and capacity
- Research providers
- Timeframe to outcomes
- The likely return on investment for projects and programs
- Expenditure on RD&E management.
In 2019–20, we invested $16.7 million in RD&E. Of this, $7.6 million was invested in new research commencing in 2019–20.
Projects by CRDC program area
Number of projects | 117 | 31 | 40 | 40 | 6 | 234 |
Program expenditure ($m)* | $12.5 | $1.6 | $0.9 | $1.3 | $0.4 | $16.7 |
Program percentage (of expenditure) | 75% | 10% | 5% | 8% | 2% | 100% |
* Excludes budgeted employee and supplier expenditure and corporate research activities that support R&D planning and adoption. Some percentages have been rounded up or down.
Investment by program
Total number of CRDC projects
CRDC projects | 2018–19 | 2019–20 |
Active projects | 130 | 135 |
New projects funded | 148 | 83 |
Projects completed | 143 | 118 |
Continuing projects | 135 | 116 |
Further detail on CRDC’s projects can be found in Section 4: RD&E Portfolio, and in Appendix 3: RD&E Portfolio.
Visit
https://www.transparency.gov.au/annual-reports/cotton-research-and-development-corporation/reporting-year/2019-20-10