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B.FLT.7031 Product development and innovation lead finding training

Project start date: 28 February 2022
Project end date: 30 November 2022
Publication date: 08 June 2023
Project status: Completed
Livestock species: Grain-fed Cattle, Grass-fed Cattle, Sheep, Goat, Lamb
Relevant regions: National

Summary

This project delivered a one-day workshop for RDA program and project managers by Veterinary Health Innovation on due diligence in innovation opportunity lead finding and product development frameworks.

Objectives

Deliver a one-day workshop in the first quarter of 2022 covering due diligence in innovation opportunity lead finding, with due diligence for a generic product and methane inhibiting feed additives as a case study.

Key findings

The workshop provided the teams with an overview for considerations when assessing new products, such as methane inhibiting feed additives.

Benefits to industry

The workshop provided MLA project managers with insights for development of new products that can help benefit subsequent investments by MLA into the future.

MLA action

MLA will seek to implement the product development frameworks when scoping and undertaking feasibility assessments into new product investments.

Future research

This workshop helped equip MLA with the tools to develop product development frameworks which can be applied to product evaluations prior to investment.

For more information

Contact Project Manager: Matt Van der Saag

E: mvandersaag@mla.com.au