The Grains Research and Development Corporation (GRDC) is calling on all innovative thinkers to submit ideas for products, services or technology that could support Australia’s grain industry.

Paul Meibusch, manager of commercial farm technologies, said in a September 26 statement that the GRDC would then consider funding the best proposals through its Innovation Investment program.

The organisation plans to put approximately $1.5 million into this program each year  which should enable around “10 short-term, proof-of-concept type projects” to get underway every 12 months or so.

“The next round of applications is now open, and the GRDC is welcoming submissions from private or public organisations as well as individuals, including potential co-investments with private companies,” said Mr Meibusch.

A number of factors will be taken into consideration when reviewing the ideas put forward, including how “novel” they are in terms of their approach and content. You can submit a proposal until October 31, 2013.

Mr Meibusch explained that the GRDC is looking for ideas that will deliver “real-time solutions” for the grain industry, particularly in the areas of yield and profit.

The Innovation Investment program has already seen funding go to five projects this year, which have the potential to change the way the industry operates.

These projects are currently researching topics such as snails and slugs, how fungus is affecting crops and stored grain, pre-harvest sprouting and the impact blackleg disease has on canola.

Mr Meibusch has high hopes for these projects, and the Innovation Investment program in general, which he described as “an exciting new concept” that will pave the way for the future of Australia’s grain industry.

If you want to prepare your grain for the future, you may want to consider taking out a crop insurance policy.

MGA Insurance Brokers can help you find the crop or farm insurance policy that best suits your needs, so get in touch with us today.