The National Institute for Forest Products Innovation is committed to promoting and encouraging innovation in Australia’s forest and wood products industry. The Australian, South Australian and Tasmanian Governments combined initial commitment of $8 million has enabled the two National Institute for Forest Products Innovation Centres to be established. The Centres are based at Mount Gambier and Launceston, and exist to provide a major boost to the forest industries in those regions and the thousands of regional jobs they support. The South Australian Centre will be headquartered at the University of South Australia in Mount Gambier and the Tasmanian Centre at the University of Tasmania in Launceston.
Both State Governments committed $2 million over the initial four years towards the operations of their local Centre, while the Australian Government committed $4 million at the project level between the two. Additional financial support is anticipated to be received from industry. The National Institute for Forest and Wood Products Innovation comprises two innovation Centres, each playing a vital role in supporting cutting-edge research, fostering collaboration, boosting innovation, increasing profitability, maintaining jobs and growing the market. Industry-driven regional advisory committees in South Australia and Tasmania work to determine each Centre’s research priorities and projects. The committees look to support world’s best practice projects that will have a tangible impact on the forest sector.