News & Announcements
24 April 2025
Funding for the SMART CRC has been announced
We are thrilled to formally announce the successful outcome of the SMART CRC application in Round 25 of the CRC Grants Program. This significant milestone was confirmed this morning by The Hon Ed Husic MP, Minister for Industry and Science.
The SMART CRC will grow Australia's manufacturing capacity to produce life-changing regenerative therapies at scale, and accelerate the development of curative treatments for cancer, heart disease, Alzheimer's, arthritis, and other age-related conditions. This national initiative will create jobs and train a future-ready workforce, reduce pressure on our health system by enabling access to world-leading therapies locally, and ultimately keep Australians healthier for longer.
With a coordinated investment of $238 million, the SMART CRC unites 63 partners—including manufacturers, SMEs, universities, suppliers, and government agencies. By bringing together top scientists, engineers, and clinical researchers from leading universities and medical research institutes, we will bridge the gap between cutting‑edge research and real‑world applications, accelerating innovation in biotechnology and pharmaceuticals.
Together, we will build a cohesive, collaborative regenerative‑therapy manufacturing ecosystem—removing the bottlenecks that limit patient access to the health innovations they need.