King & Wood Mallesons (KWM) is pleased to continue supporting Australia’s agricultural research and development, advising on the establishment and launch of growAG.
growAG. is a centralised online platform which showcases Australia’s agrifood innovation opportunities and success stories, and provides a comprehensive database of Australia’s current agrifood research projects.
The KWM team led by Scott Bouvier and Shareen Dhillon advised on all legal aspects of the launch, working closely with AgriFutures Australia’s inhouse counsel Erin Hulm. This included the development of the legal model for the platform, the preparation of agreements with the technology provider and key stakeholders, the data use terms and advice on the regulatory implications arising from operating the platform.
AgriFutures Australia developed the new platform, supported by 14 other Research and Development Corporations and $2 million in federal funding.
Commenting on the deal, Scott Bouvier said:
“Australia has a phenomenal track record of agricultural innovation and creativity, but often we’ve heard that trying to turn ideas into deals has felt a bit like picking the weather.
“What growAG. creates is a greenhouse of sorts – a digital ecosystem for agrifood innovation, allowing investors, corporates, startups, researchers, industry, government and universities from Australia and around the world to locate information and opportunities to deliver innovation back to the farm and the food supply-chain.”
The project is an example of KWM’s role as a leading advisor to Australia’s vital food and agricultural sectors.