Home » Business Information » Costs & Rebates » Defence Innovation Network (DIN) Voucher
A partnership between APR.Intern and the NSW Defence Innovation Network (DIN) will accelerate Defence innovation by providing local businesses with access to specialist research expertise.
Under the agreement, DIN will provide 30 Defence businesses with a $10,000 APR.Intern subsidy to help fill skills gaps and fast-track R&D. The businesses will be matched with PhD students from Australia’s leading universities, and benefit from APR.Intern’s short-term results-driven research placements.
When combined with APR.Intern’s Australian Government 50% rebate, the DIN subsidy brings down the cost of a full-time 3-month PhD research placement to just $5,000
These internships will contribute to placements delivered under the Australian Government’s ‘Supporting more women in STEM careers: Australian Mathematical Sciences Institute (AMSI)—National Research Internship Program (NRIP)’.
PROJECT COSTS
3-MONTH PROJECT COST: $20,000
DIN SUBSIDY: $10,000
INDUSTRY PARTNER UPFRONT COMMITMENT: $10,000
GOV. REBATE TO INDUSTRY PARTNER: $5,000
NET COST TO INDUSTRY PARTNER: $5,000
Project cost includes a $3,000 monthly student scholarship, a one-off $5,500 academic mentor fee and a one-off $5,500 project management fee.
3 month project normally $20,000; $5,000 net cost with DIN subsidy and rebate
4 month project normally $23,000; $6,500 net cost with DIN subsidy and rebate
5 month project normally $26,000; $8,000 net cost with DIN subsidy and rebate
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 3-5 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
Michaela Murphy
Business Development Officer (NSW), APR.Intern
m.murphy@aprintern.org.au
