Riverina MP Michael McCormack and federal Agriculture Minister David Littleproud announced the funding for the Drought Resilience Adoption and Innovation Hub on Monday morning.

The hub, to run within the Agripark building located at CSU in Wagga's north, was designed to engage with farmers and the agriculture industry across Southern NSW to develop new technologies to withstand droughts.

Mr Littleproud said the $8 million grant would create and sustain the hub for the next four years and get "boots on the ground" in terms of new research jobs in Wagga.

"This is an exciting day not just for agriculture but for Charles Sturt University, because they are now the new custodians of one of our new innovation hubs, an $8 million investment right here in Wagga to create a physical platform whereby the best and brightest in regional Australia can be a part of agriculture," he said.

"Theses are new new jobs of agriculture we are creating, it's next pillar of agriculture, the new jobs in which we can bring our young people home; we have lost generations of young people out of regional and rural Australia and it is time to bring them home."

CSU will lead the hub, one of eight to be established with universities across Australia, and will also co-design new innovation programs with the region's farmers.

AgriFutures research advisory group chairwoman Kay Hull said the innovation hub was an example "of what happened when you have decentralisation".

"53 can-do people have come together, we started in this little building and we had to develop and we have run out of space but that's what happens when you come out and work with the people who are actually doing it...you are not working in silos in buildings in a city," she said.

CSU interim Vice-Chancellor Professor John Germov said thanked the federal government with entrusting the university to "create a prosperous agricultural sector".

"We take on that role with great humility and also great excitement about what we can achieve together," he said.

CSU Professor Stan Grant Junior will serve on the Hub's board of governance as part of objective to involve Indigenous people and culture in the research projects.

The money for Wagga's innovation hub was sourced from the $100 million Future Drought Fund.

Industry funded research and development corporations from 15 agriculture sectors will also be able to work with the Wagga Hub.

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