Section 2 - Sugar Research and Development Corporation
Section 2 - Sugar Research and Development Corporation
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