Home » Business Information » Costs & Subsidies » Defence Innovation Network (DIN) Subsidy
APR.Intern has partnered with the Defence Innovation Network (DIN) NSW to provide local Defence businesses with a cost effective solution to tackle R&D.
Under the agreement, DIN will provide 30 NSW-based Defence businesses with a $10,000 APR.Intern subsidy to help fill skills gaps and accelerate innovation. The businesses will be matched with Science, Engineering, Technology and Mathematics (STEM) PhD students from some of Australia’s leading universities.
PROJECT COSTS
3-Month Project:
$20,000
Full Project Cost
$10,000
DIN Voucher Subsidy
$10,000
Net Cost to Industry Partner
Full project cost includes a $3,000 per month student scholarship, a one-off $5,500 academic mentor fee and a one-off $5,500 project management fee.
INTERNSHIP BENEFITS
COST-EFFECTIVE
- Access to specialised PhD expertise
- Used for controlled practice growth
- Suitable for short-term skill needs
- Eligible for R&D tax incentive
RAPID RESULTS
- Short, intensive 3-month projects for quick implementation of results
- Quick turnaround on establishment
- Responsive to changing business needs and priorities
HASSLE FREE
- IP stays with company
- No employment requirements
- Pre-approved contract
- Simple and transparent model
- Proven and trusted
INDUSTRY ELIGIBILITY
Proposal must have Defence relevance
Business and Intern must be NSW-based
One DIN Intern Voucher per business per year
Business must be a DIN participant OR an SME
Project must be for R&D relevant to DIN’s technology themes or to enhance Defence industry outcomes
STUDENT ELIGIBILITY
Please note: Due to the sensitivity and security of DIN projects, students must have Australian Citizenship to apply. Students also need to be enrolled in one of the following universities; Macquarie University, The University of Newcastle, The University of New South Wales, The University of Sydney, University of Technology Sydney, University of Wollongong or Western Sydney University. Any applicants not meeting this requirement will automatically be deemed ineligible for the applied project.
FOR MORE INFORMATION
