Partnership
Apply for the FaBA & MLA Co-Investment Round
FaBA and Meat & Livestock Australia (MLA) are supporting innovation projects that add value to the Australian red meat industry.
FaBA is Australia’s Food and Beverage Accelerator.
The Australian Government’s Trailblazer Universities Program, delivered by the Department of Education, builds new research capabilities, drives commercialisation outcomes and invests in training.
The FaBA & MLA Investment Round is an opportunity to build Australia’s food and beverage manufacturing sector by adding value to the Australian red meat industry. This investment is for the development of new and innovative food and beverage products and new ingredients using Australian red meat ingredients. This also includes:
- supplements suitable for human and pet consumption.
- Products and/or technology interventions that directly improve red meat product quality and accessibility.
- Incorporation of new technology or approaches for improving quality and/or reducing waste. This could consider interventions that allow the distribution of Australian red meat at ambient temperatures.
Criteria for the FaBA & MLA
Co-Investment Round
FaBA co-invests in new projects with new or existing companies to develop step-change innovations that a company cannot do themselves. The FaBA & MLA Co-Investment Round welcomes applications from:
- Australian companies or foreign corporations that have assets in Australia that process Australian red meat (beef, lamb and goat meat) in Australia
- Applicants with a target launch date of new product/ ingredient in market within 2-3 years
- Companies with a likelihood of project success
- Companies with an ability to demonstrate a value multiplier of at least 4x the input raw material cost
- Companies that clearly demonstrate how this new product will add incremental value to Australia’s red meat industry
- Companies that have projects that will help FaBA meet its objectives.
Interested in learning more? Watch the FaBA & MLA Co-Investment Round Webinar
Supported by our major investment partner
