CSIRO Contributes $1M to REDI Fellowship Program

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10 June 2022

We are delighted to announce that Australia’s national science agency, CSIRO, will support our popular and successful REDI Fellowship program by contributing $1 million.

With uptake from industry exceeding expectations, the program’s budget was committed earlier than expected, but new funding from the Australian Government confirmed last month, along with this significant contribution of $1 million from CSIRO, means the program is going from strength to strength.

The REDI Fellowship program is currently open for applications, to provide grants of up to $250,000 to industry to secure a limited number of fellowships in the medical technology, biotechnology and pharmaceutical (MTP) sector.

We are thankful to the Australian Government and CSIRO for their vision and commitment to partnering with MTPConnect for this round of the REDI Fellowship program.

This generous support will help to create more opportunities for industry engagement, support development of a culture of innovation and drive better commercialisation outcomes for our sector.

The REDI Fellowship program, an initiative of the Medical Research Future Fund operated by MTPConnect, gives industry the opportunity to select a researcher, academic, clinician or technology transfer professional to collaborate on priority medical research projects involving discovery, translation, and commercialisation.

With 32 fellows already selected to work with the likes of CSL, Cochlear, Telix Pharmaceuticals, Leica Biosystems, Stryker, SpeeDx, Paige.AI, Pharmaxis and Synopsys, the REDI Fellowship program has been an outstanding success. It helps build engagement between researchers and industry, drive projects towards commercial outcomes and provide fellows with real-world entrepreneurial experiences within research-intensive industry settings.

It’s now over to industry to seize the opportunities provided by our REDI fellowship and submit an application. We encourage Australian and international organisations, including multinationals and ASX-listed companies, to consider applying for a REDI Fellowship.

The application process is industry-led, so an eligible industry sponsor (company/organisation) must submit an application identifying a fellow and match it with a specific research and development project. Subject to COVID-19 restrictions, domestic and international fellowships will be considered.

Please note: applications for this round of the REDI Fellowship program close on 27 July 2022 at 23:59 (AEST).