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Section 2 - Sugar Research and Development Corporation

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Number of SRDC project reports received<br />

by SRDC<br />

Report types 2009–<br />

2010<br />

2010–2011<br />

Milestone reports 203 113<br />

Final reports 30 37<br />

TOTAL number<br />

of milestone <strong>and</strong><br />

fi nal reports<br />

233 150<br />

Percentage of SRDC projects funded<br />

across SRDC Arenas<br />

Distribution of<br />

project funding by<br />

arena<br />

2009–2010<br />

actual<br />

2010–2011<br />

actual<br />

Regional Futures 59% 56.6%<br />

Emerging<br />

Technologies<br />

People<br />

<strong>Development</strong><br />

TOTAL percentage<br />

of projects funded<br />

29% 31.5%<br />

12% 11.9%<br />

100% 100%<br />

Investment portfolio<br />

management<br />

SRDC BUSINESS<br />

Following SRDC’s annual call for project<br />

proposals between June – August 2010, all<br />

applications were sent to multiple technical<br />

experts in Australia <strong>and</strong> overseas for review.<br />

Proposals were scored using an attractiveness/<br />

feasibility framework:<br />

Attractiveness: expected economic,<br />

environmental <strong>and</strong> social benefi ts arising<br />

from adoption of outputs; potential return on<br />

investment <strong>and</strong> other inputs; communication<br />

plans <strong>and</strong> industry <strong>and</strong>/or community<br />

participation.<br />

Feasibility: research risk (the likelihood, with<br />

high quality research, of reaching the project<br />

objectives <strong>and</strong> delivering the outputs <strong>and</strong><br />

outcomes) <strong>and</strong> research quality (the objectives,<br />

research plan, <strong>and</strong> the skills <strong>and</strong> knowledge of<br />

the investigators).<br />

Based on the averaged scores of assessors <strong>and</strong><br />

the SRDC Directors, highly ranked applicants<br />

were invited to present in person to a panel<br />

representing key stakeholders. Presentations<br />

<strong>and</strong> responses to questioning were scored by<br />

the panel using the attractiveness/feasibility<br />

framework <strong>and</strong> highly ranked projects were<br />

invited to prepare a fi nal application addressing<br />

the feedback. This fi nal application forms part<br />

of a contract with the SRDC.<br />

R&D investment managers were allocated a<br />

portfolio of project investments to manage<br />

that deliver outcomes consistent with the SRDC<br />

objectives <strong>and</strong> key performance indicators.<br />

SRDC Annual Report 2010–2011 41

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