THE Federal Government has this week announced $11 million in funding via grants to improve Australia’s agricultural traceability systems and make it easier for producers to get their goods to consumers and overseas markets.
The funding comprises $6M for innovative solutions through the RegTech grants round, and $5M for the Food Agility Co-operative Research Centre to invest in leading digital solutions.
RegTech grants will help businesses and exporters meet regulatory requirements more efficiently, giving Australian agriculture a trade advantage, while the $5M grant to the Food…