Investing to grow the future of Australian horticulture
The new Hort Innovation structure allows for the creation of a Strategic Co-investment Fund Pool (Pool 2) which is able to pool seed funds, create a single strategic plan and a clear set of research and development investment priorities that are attractive to other co-investors.
The pooling of these funds is intended to allow for longer-term investments in large key strategic projects that are needed to overcome the challenges facing the horticulture industry and realise a healthier and stronger industry in the long term. It is the intention of the fund to invest in larger, longer-term research and development priorities for the broader benefit of the horticulture industry and encourage participation from specialist service providers.
Find out more information in the original summary document.
At this stage, six foundation strategic co-investment funds have been established – these are:
- Asian Markets Fund (Driving growth)
- Fruit Fly Fund (Managing risk)
- Green Cities Fund (Ensuring sustainability)
- Health, Nutrition and Food Safety Fund (Driving growth)
- Leadership Fund (Building capacity)
- Pollination Fund (Ensuring sustainability).
Each of the funds are governed by a Co-Investment Strategic Intent (CSI) that outlines the key investment themes for the relevant fund.
Hort Innovation is continually seeking new investment opportunities. Ideas can be submitted at any time on Hort Innovation’s website using the concept form. The form allows Hort Innovation to understand your basic concept, with a big-picture view of the aims and outcomes rather than detailed methodology. This approach aims to protect, as far as possible, IP associated with innovative ideas, whilst capturing opportunities that can be shaped into full proposals should there be an identified alignment between the concept and strategy that guides investment in the Asian Markets Fund.
The investment analysis process involves filtering and potentially combining concepts for procurement. Once approval has been granted for investment in a concept, a Request for Proposal will be prepared, asking delivery partners (open or select, depending on size and scope) to provide a detailed submission that address key criteria. All responses will then be evaluated against the key criteria before the investment is contracted.
Do you have a concept you’d like us to consider for our Strategic Co-investment Fund Pool?
If you are interested in co-investing with Hort Innovation, your concepts are welcome and can be submitted for:
- Asian Markets Fund
- Green Cities Fund
- Health, Nutrition and Food Safety Fund
- Leadership Fund
- Pollination Fund.
Hort Innovation’s co-investment calculator
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Expert Advisory Panels
About the panels
Each of the co-investment funds has an Expert Advisory Panel that provides expert advice and oversight of the relevant fund, including providing input into proposed projects and research, making recommendations on potential methods to address future gaps or deficiencies in the existing body of research. The panels will provide impartial assessment and commercially relevant scrutiny of research proposals, fostering external confidence in Hort Innovation’s ability to rigorously assess, and provide evidence and merit-based recommendations to the Board.