FRDC is currently operating under the 2020-2025 Research and Development Plan. This plan details the areas of investment for the industry and provides direction regarding the leadership requirements for the Australia seafood industry.

FRDC states that "This is one of the FRDC’s most ‘people-centric’ plans to date, with a focus on capacity building, shaping culture, building relationships and establishing shared principles and values.” Importantly for the seafood industry and community, capacity building is high on the agenda.

The NSILP responds to four enabling strategies
‘Strengthen adoption for transformative change’ (through increasing and improving the uptake of knowledge, skills, solutions, technology and new ways of thinking to create positive change for industry).
‘Promote innovation and entrepreneurship’ (through encouraging new solutions, products and processes as well as new ways of thinking and doing).
‘Build capability and capacity’ (through helping people from across fishing and aquaculture to have the knowledge and skills needed to be safe, happy and productive, and to adapt and flourish in the face of change).
‘Provide foundational information and support services’ (through delivering information to guide the evolution of fishing and aquaculture in Australia).

The industry needs that have been identified are:

- Capacity building and leadership knowledge.
- Although online delivery evolved and improved during COVID, face-to-face remains the preferred method of NSILP learning/delivery to enable the opportunity to build in-person connections.
- Resourced and facilitated Alumni and industry networking and connections.

This project provides opportunities to be exposed to innovation, build and develop capability and capacity, connect with innovation networks and generate new contacts. These opportunities will demonstrate benefits of being in innovation space for new entrants from fishing and aquaculture through encourage and enabling participation. The project aims to stimulate collaboration and increase the visibility of "getting into innovation", potentially increasing ideas to feed into future investment lanes and possibly more adoption. This includes exposing fresh minds to spark novel ideas who are unaware of opportunities and/or may experience barriers to participate.

The skills and capabilities required to intervene in complex systems need to be developed to capitalise on new systems and processes. This includes mechanisms to engage stakeholders to focus, priorities and invest in capability and capacity development locally and nationally. EvokeAg is a flagship event, focused on showcasing and stimulating innovation through connecting people with each other and to knowledge, information and

$75,000 sponsorship (includes exhibition stand and furniture, printing and 5 x 2024 tickets (2025 & 2026 details tbc) over 3 years
$110,000 bursaries ($6k - conference and side event tickets, flights, accommodation, travel incidentals) - allows for 18 full bursaries over 3 years OR a mixed level of support (e.g. partial bursary, alternative innovation event)