Small businesses get cash to hire researchers

Attempts to bridge the yawning gap between Australian universities and business is being given a boost with a $10 million Researchers in Business program, which will place researchers in small and medium-sized businesses for two to 12 months.

The scheme will provide $50,000 per business to employ researchers from universities or public research agencies.

The program was announced by the Minister for Innovation, Industry, Science and Research, Senator Kim Carr, at yesterday’s Universities Australia conference in Canberra.

Carr says Australia has ranked last in the OECD on collaboration between public sector researchers and industry for too long.

“This costs us opportunities and leaves us falling further and further behind the rest of the world.”

The Researchers in Business program is part of the Australian Government’s Enterprise Connect program.

To find out how to access the program call 131 791, or visit the Enterprise Connect website

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