Provides funding to build connections and deliver mentoring

The Researcher Exchange and Development within Industry Initiative (REDI) is part of the Medical Research Future Fund (MRFF). The fund supports research and addresses national priorities in a cohesive and coordinated way.

This grant will fund one service provider who will:

• facilitate connections between industry, universities, registered training organisations and government entities
• deliver, potentially in collaboration with joint service partners’ relevant training programs, industry placements, mentoring and exchange programs for researchers

This grant aims to provide researchers with a diverse range of experiences and exposure to entrepreneurism. Through these experiences, we hope researchers will continue and strengthen Australia’s success in commercialising and translating medical innovations that prevent, diagnose and treat disease.

REDI will provide a total of $32 million over 4 years:

• $8 million in 2019-20
• $10 million in 2020-21
• $10 million in 2021-22
• $4 million in 2022-23

What are the eligibility criteria?

To be eligible you must:

• have an Australian business number (ABN)
• be incorporated in Australia

You must also be one of the following eligible bodies, in accordance with s24 of the Medical Research Future Fund Act 2015:

• a medical research institute
• a university
• a corporate Commonwealth entity
• a corporation (including businesses and not for profits)

Tax-exempt organisations may apply for this grant opportunity.

How do you apply?