Up to $50,000 is available from the Knowledge Transfer Partnerships Program to support partnerships between universities and small business in hiring a university graduate to work on an innovative project.
Knowledge Transfer Partnerships Program
The Knowledge Transfer Partnerships Program supports collaboration and knowledge transfer by enabling businesses to partner with universities to select graduates for specific projects in the businesses.
The Knowledge Transfer Partnerships Program forms part of the Advance Queensland initiative, helping to create partnerships to exchange skills and ideas to inspire innovation.
Under the Knowledge Transfer Partnerships Program, eligible businesses apply in partnership with universities for funding towards the costs for businesses to employ graduates on strategic innovation projects. Universities facilitate the selection of the graduates and mentor them during the projects
The Knowledge Transfer Partnerships program aims to:
- strongly encourage increased linkages and closer collaboration between Queensland businesses and universities
- support and encourage innovation and productivity improvement within business
- create knowledge based jobs.
The Knowledge Transfer Partnerships Program funding will cover two-thirds of eligible project costs, up to $50,000 (excluding GST), for eligible participating businesses,comprising the salary of a graduate to work on a project and some costs directly associated with the graduate’s work.
The program will also provide a service fee for the university’s coordinating and mentoring role (minimum of four hours per month). Service fees to the university will not exceed $10,800 (excluding GST) per project (for a 12 month project). This remuneration is in addition to the business’ funding allocation.
The Knowledge Transfer Partnerships Program project must:
- meet the definition of a strategic innovation project
- commence within 90 days after the Queensland Government signs the application approval
- be completed within the agreed project timeframe (all projects must be completed within a six to 12 month timeframe)
- have a distinct set of activities, with aims and outcomes achievable within set timeframes
- be of strategic importance to the business
To be eligible for the Knowledge Transfer Partnerships Program funding, a business must:
- be Queensland based and GST registered with an Australian Business Number
- have been operating for two years or more
- have 200 full-time equivalent staff (FTEs)
- have a strategic innovation project that would benefit from collaboration with a university
- be prepared to manage the project
- provide a statement of viability from the business accountant or two year accountant prepared financial statements including profit and loss and balance sheet.
- contribute one-third of the eligible project costs.
To be eligible for the Knowledge Transfer Partnerships Program a graduate must:
- be a recent graduate with Honours, or a Masters or a PhD graduate from a Queensland based university (AQ8 level or higher)
- have achieved the above qualification within the last two years
- be able to work for a six to 12 month period
- be assessed by the university and business to have the necessary skills that match the requirements of the project.
Applications close 28 August 2017.
Knowledge Based Partner
|Airtime Holdings Pty Ltd||Griffith University||$37,000||Undertake research and develop online calculators to reduce carbon emissions in high-rise buildings.|
|Bioproton||UQ||$47,960||Develop a new process to remove dags from feedlot cattle.|
|EduCorp (The Education Corporation) The Corporations Professional Ecosystem Pty Ltd||QUT||$34,073||Create an online professional ecosystem by developing an innovative website for educators.|
|Ellume||UQ||$50,000||Develop an innovative ultra-sensitive test to help diagnose respiratory syncytial virus – one of the most common causes of childhood lung infections.|
|Evolving Machine Intelligence||UQ||$48,527||Use a new machine-intelligent technology to build and demonstrate a modelling tool for aviation engines, to reduce engine maintenance costs and risks significantly.|
|GSL: A Good Start to Life||JCU||$43,001||Develop online customer engagement and tools for young people affected by disability or mental health disorders.|
|Hear and Say||QUT||$49,667||Create a next-generation prosthetic ear for children with microtia using advanced 3D computer modelling and printing technology.|
|Hear Check||UQ||$33,074||Develop an innovative audiology service accessible to rural and remote patients using telemedicine/telehealth techniques.|
|ImmersaView||QUT||$44,267||Improve existing immersive display software products to enable the company to compete for larger, more complex contracts.|
|Mackay GP Superclinic||Central Queensland University||$50,000||Develop an online program to allow clinical patients to enter their details on their smartphone or device beforehand, saving staff and patient time.|
|Music Broadcasting Society of Queensland||UQ||$24,960||Expand the Silver Memories radio service in Queensland aged care facilities, for the benefit of people living with dementia.|
|Natura Pacific||Griffith University||$22,550||Create an educational app that will promote the use of native plant species and help reduce the spread of weeds in local ecosystems.<|