A $40,000 partnership between APR.Intern and Food Innovation Australia Limited (FIAL) will accelerate STEM PhD research talent into Australian food and agriculture businesses.
Under the agreement, FIAL will provide food and beverage businesses with a subsidy of up to $4,000 on the cost of a PhD student research placement. Facilitated by APR.Intern, the 3-5 month placements will connect food and agribusinesses with some of Australia’s brightest PhD-level research talent. The FIAL subsidy can also be used as a travel/relocation fund to support student access to internship opportunities.
Further to the FIAL subsidy, under the Australian Government’s National Research Internship Program (NRIP), businesses may also receive a 50 per cent rebate on remaining costs.
Food Innovation Australia Limited (FIAL) is the catalyst that encourages the food and agribusiness industry to work collaboratively to grow the share of Australian food in the global marketplace. FIAL influences the industry by sharing knowledge, building capability and creating connections.
3-MONTH PROJECT COST: $20,000
FIAL VOUCHER CONTRIBUTION: $4,000
INDUSTRY PARTNER UPFRONT COMMITMENT: $16,000
GOV. REBATE TO INDUSTRY PARTNER: $8,000
NET COST TO INDUSTRY PARTNER: $8,000
3 month internship normally $20,000; only $8,000 with voucher and rebate
4 month internship normally $23,000; only $9,500 with voucher and rebate
5 month internship normally $26,000; only $11,000 with voucher and rebate
* Pricing based on $4K FIAL Voucher