The total cost of a 3-5 month internship ranges from $20K (3 months) to $26K (5 months), including:
Below are the rebates and subsidies available to eligible industry.
Australian Government 50% Rebate
An Australian Government 50% rebate is available to all Australian businesses, bringing down the cost of a 3-month project to $10,000. These internships are supported by the Australian Government Department of Education, through the ‘Supporting more women in STEM careers: Australian Mathematical Sciences Institute (AMSI) – National Research Internships Program’.
Innovative Manufacturing CRC (IMCRC) Voucher
Eligible manufacturing businesses can access up up to $10,000 in funding support from the Innovative Manufacturing Cooperative Research Centre (IMCRC). When combined with the Australian Government 50% Rebate, this brings down the cost of a 3-month project to $5,000 for IMCRC partners or $7,500 for non-IMCRC partners.