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PROJECT COSTS

The full cost of engaging a PhD student intern starts at $20,000 for a 3-month internship.

This includes a monthly stipend for the student.

4-month internship – $23,000
5-month internship – $26,000
6-month internship – $29,000

* All prices exclude GST

SUBSIDIES

Businesses in the following sectors may be eligible for internship subsidies through our program partners:

  • Defence
  • Food & Agribusiness
  • Manufacturing
  • MedTech, BioTech & Pharma

These lower the cost of an internship by up to 50%.

Defence 

Eligible Defence businesses in VIC and WA can access a $10,000 subsidy through our partnerships with the VIC Defence Science Institute (DSI) and the WA Defence Science Centre (DSC). This brings down the cost of a 3-month internship to $10,000.

Food & Agribusiness

Eligible food & agribusinesses can access up to $5,000 in funding support through our partnership with Food Innovation Australia Limited (FIAL). This brings down the cost of a 3-month internship to $15,000.

Manufacturing 

Eligible manufacturing businesses can access a subsidy covering 50% of the cost of a 3-6 month internship through our partnership with the Innovative Manufacturing CRC (IMCRC). This brings down the cost of a 3-month placement to just $10,000.

MedTech, BioTech & Pharma

Eligible businesses within the medtech, biotech & pharma sector can access a $10,000 subsidy through our partnership with MTPConnect REDI. This brings down the cost of a 3-month internship to $10,000.