University of Queensland

$160m Food & Beverage Accelerator

Overview

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The challenge

The Project

TGD and partner PWC were asked to prepare a business case drawing on insights about industry value proposition, governance, intellectual property and innovation framework. Together we:

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The Result

The UQ-led Food and Beverage Accelerator (FaBA) project will receive $50 million Trailblazer funding over four years to boost growth and innovation in the sector, potentially creating thousands of new jobs. UQ, and its industry and research partners will also invest a further $110 million funding in the project.

$160 Million
Total investment in the FABA program
$1 Billion
Future investment attracted to food and beverage innovation
16,700
New jobs predicted to be created from the creation of new food and beverage products and businesses

The Future

What we delivered

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