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Future Industries Institute - University of South Australia - Research - University of South Australia

UniSA''s Future Industries Institute conducts informed, industry-connected research and innovation in engineering and the physical sciences.

R&D Voucher Scheme - Research - University of South Australia

R&D Voucher Scheme OverviewThis scheme is not accepting applications at this time.The R&D Voucher Scheme provides a tangible mechanism to strengthen engagement with industry partners, and support local industries to build their research and development capacity and accelerate growth.Key features of the scheme include:Provides funding up to $100,000 for projects up to 12 months duration2:1 industry co-investment required, although if annual turnover is less than $5M, co-investment can be in-kindShort application forms jointly written between UniSA and industry collaboratorsFunding rounds are held every 6 weeksHow does accessing an R&D Voucher help my business?The R&D Voucher Scheme provides an opportunity to collaborate with UniSA researchers to explore commercial ideas or overcome existing challenges. The R&D Voucher Scheme is designed to deliver and develop innovative and sustainable solutions, and/or rapidly develop and test potential product ideas or enhancements (research and development), to deliver benefit and impact for our industry partners, and for South Australia.The R&D Voucher Scheme operates very differently to many traditional research funding opportunities – The work is defined by industry and the intent is to help companies access world class research support and funding to address priority industry challenges, to deliver outcomes of value in short timeframes.   What support is available through the R&D Voucher Scheme?Through this Scheme companies across the State can access funding of up to $100,000 for a project of up to 12 months, based on a 2:1 return on investment. For example, eligible companies may apply for up to $100,000, where there is at least $50,000 co-contribution from the industry partner.  For companies with an annual turnover of less than $5M, the co-investment can be in-kind.Eligible companies must have at least two years of finances and current, or proposed, operations in South Australia, along with demonstrated intention to benefit the State’s economy.