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Sharper Incentives for engagement: New research block grant

PostPosted: Wed May 11, 2016 10:25 am
by mgcrisp
Sharper Incentives for engagement: New research block grant arrangements for universities

On 7 December 2015, the Australian Government announced new Research Block Grant (RBG) funding arrangements for Higher Education Providers (HEPs) as part of the National Innovation and Science Agenda (NISA) . These arrangements will drive greater
research-industry collaboration by increasing incentives for success in industry and other end-user engagement.
These changes are in direct response to the Review of Research Policy and Funding Arrangements, led by Dr Ian Watt AO .
The new arrangements will replace the existing six RBGs with two streamlined programs.
• The Research Support Program (RSP) will provide around $879 million in 2017 to Australian HEPs as a flexible funding stream to support the systemic costs of research.
• The Research Training Program (RTP) will provide around $1.01 billion in 2017 to support the training of the next generation of researchers and innovators.
This includes new funding of $50 million per annum indexed ($180.4 million from 2016-17 to 2019-20) to further increase incentives to HEPs for business and end-user engagement through the RSP.
New arrangements will commence on 1 January 2017.