Researcher Exchange and Development within Industry (REDI) initiative
The Researcher Exchange and Development within Industry (REDI) initiative is a $32 million investment over 4 years that brings universities and industry together. It will provide researchers with industry placements, mentoring and exchange programs.
What is the REDI initiative?
This initiative was previously called Industry Researcher Exchange and Training. It will invest $32 million over 4 years to provide researchers with:
- industry placements
- exchange programs
- exposure to entrepreneurialism
- skills in research translation and commercialisation
- a diverse range of experiences beyond the research lab
The Australian Government will fund a service provider to run this program.
Why is the REDI initiative important?
This initiative aims to strengthen Australia’s ability to turn research ideas into realities by:
- developing partnerships between the research world and industry
- providing researchers with a wide range of experiences and exposure to the business world, broadening their working experience
- helping researchers understand how to commercialise their research (develop ideas into real products that can benefit Australia)
What are the goals of the REDI initiative?
This initiative will foster partnerships between industry, universities, registered training organisations and governments, and strengthen Australia’s success in research translation and commercialisation.
How will we meet these goals?
The Australian Government will appoint an organisation to deliver this initiative. The Government has announced a total of $32 million over 4 years from 2019–20 to 2022–23:
- $8 million in 2019–20
- $10 million in 2020–21
- $10 million in 2021–22
- $4 million in 2022–23
See the initiative snapshot for details of how we plan to meet these goals.
This snapshot shows this initiative at a glance. It includes budgets, early funding priorities and grant timelines, as at November 2019. Researchers and other stakeholders can use it to plan for upcoming opportunities and see how the initiative will be established, expanded and embedded over time.
Who works with us on the REDI initiative?
The Government has not yet appointed the organisation that will deliver the initiative.
The Medical Research Future Fund (MRFF) funds the Mission.
Our Health and Medical Research Office oversees this and other MRFF initiatives.
The Department of Industry, Innovation and Science administers this initiative.
Apply for funding
We list grants on GrantConnect when they open. If you want GrantConnect to notify you about future MRFF grants:
- register with them
- enter ‘MRFF’ in the keyword section of your GrantConnect profile
There are no upcoming grants at this time.
Open grant rounds
No grant rounds are currently open.
Grants being assessed
Applications received under the grant opportunity that closed on 19 September 2019 are currently being assessed.
The Government will choose one organisation to deliver the initiative.
We have not funded any projects under this initiative yet.
For more information, contact us.
Medical Research Future Fund (MRFF) contact
Contact for more information about the Medical Research Future Fund (MRFF), or to provide feedback on the MRFF website.