The Red Meat Profit Partnership (RMPP) has launched the RMPP Action Network, which aims to help farmers put their ideas into action on-farm.
Essentially, a group of farmers identify a problem, and with the help of experts, work together to come up with a solution.
The RMPP is a Primary Growth Partnership programme that is working to help the red meat sector increase productivity and profitability.
Chairman Malcolm Bailey joined Rural Exchange to explain exactly what the network hopes to achieve, who is eligible, and how funding can be gained.
Mr Bailey says the RMPP consists of a number of partners.
"We've got six major meat processing partners, we've got two banks - ANZ and Rabobank, Beef+Lamb, and 50 percent of the funding comes through MPI.
"It's a partnership aimed at improving profitability inside the farmgate, sheep and beef farmers, and we've been going for coming up five years," he told RadioLIVE.
He says RMPP works with farmers and sector businesses to develop, test and introduce new ideas, new technology solutions and new ways of working.
Watch the full interview with Malcolm Bailey above.