Home » Business Information » Costs & Subsidies » MTPConnect REDI Subsidy

APR.Intern has partnered with MedTech and Pharma Growth Centre (MTPConnect) to increase workforce capabilities and strengthen research translation within Australia’s medtech, biotech and pharmaceutical sector.

Under the agreement, MTPConnect’s REDI initiative will provide eligible businesses with a $10,000 subsidy to ease the cost of engaging a PhD student intern through APR.Intern.

These short-term research placements enable innovative businesses to access Australia’s brightest emerging research talent and fast-track R&D. For universities, these placements support the development of an industry-ready PhD workforce.

This partnership falls under MTPConnect’s $32 million Researcher Exchange and Development within Industry (REDI) initiative made possible by the Medical Research Future Fund, providing industry experiences and skills development for early and mid-career researchers, clinicians and innovators to develop an industry ready workforce keeping pace with the demands of a rapidly changing sector. 

PROJECT COSTS

MTPConnect REDI Subsidy

3-Month Project:

$20,000
Full Project Cost

$10,000
MTPConnect Voucher Subsidy

$10,000
Net Cost to Industry Partner

4-month internship: $23K full project cost – $13K with MTPConnect subsidy
5-month internship: $26K full project cost – $16K with MTPConnect subsidy
6-month internship: $29K full project cost – $19K with MTPConnect subsidy

Full project cost includes a monthly stipend for the student.

* All prices excl. GST

INTERNSHIP BENEFITS

COST-EFFECTIVE

  • Access to PhD-level research expertise
  • Used for controlled practice growth
  • Suitable to fill short-term skills gaps
  • Eligible for R&D tax incentive

RAPID RESULTS

  • Results-driven 3-month projects
  • Quick turnaround on establishment
  • Responsive to changing business needs and priorities

HASSLE FREE

  • IP stays with business
  • No employment requirements
  • Pre-approved contract
  • Simple and transparent model
  • Proven and trusted model

INDUSTRY ELIGIBILITY

Proposal must have medtech, biotech or pharmaceutical relevance

One MTPConnect REDI subsidy per business

Project subject to MTPConnect review and approval

FOR MORE INFORMATION

Michael Valentine
Business Development Manager, APR.Intern

0411 600 063
m.valentine@aprintern.org.au