Researchers in Business (RiB) program holds great potential

UWS recognises that successful partnerships with industry are essential for university research to reach the market and ultimately benefit the public. In keeping with this maxim, we see the Reseachers in Business (RiB) program as a great initiative that will play an important role in enhancing the transfer of university intellectual capital into practical business applications.
The Australian Government has committed $10 million within Enterprise Connect to support the placement of researchers from universities or public research agencies, into businesses that wish to develop a new idea with commercial potential. Funding for up to 50 per cent of salary costs, to a maximum of $50,000 will be provided for placements spanning from 2 to 12 months.

Examples of eligible research projects include:

· Product innovation – developing and testing new, or improved products or services
· Process innovation – addressing production/process issues
· Marketing innovation – analysing brand, product or service consumer perceptions and impact in the market
· Environmental sustainability – identifying, measuring pollution/waste reduction opportunities
· Mathematical science – quantitative analysis/modelling of data to improve product, process or marketing innovation.

The RiB program may be of particular use to researchers and businesses that have applied for an ARC linkage grant and narrowly missed out on selection. UWS I&C welcome interested parties to contact us to explore opportunities on how our researchers may be able to collaborate with you. Please contact us on 9685 9742 or at ip@uws.edu.au