Document ID: chunk:federal_register_of_legislation:F2024L00975:reg:9:p6
Version: federal_register_of_legislation:F2024L00975
Segment Type: reg
Provision Reference: reg 9 (pt 6/13)
Character Range: 49050–52566

of the project's design, participants, requested duration, required resources/facilities, risk management, and cost-effectiveness of the budget.
      d.         Benefit 15%
            * Delivery of significant, actionable outcomes for the industry partner(s) and research end-users;
            * Significant new or advanced knowledge expected to result from the project;
            * Appropriateness, completeness and effectiveness of proposed pathways for short-, medium- or long-term adoption, translation, and/or commercialisation of the project outcomes, including IP management, by the industry partner(s) beyond the Fellowship completion;
            * Demonstration of the mutual benefit to the candidate and the Key Industry Partner including potential to lead to longer-term collaboration; and
            * The potential for significant commercial, economic, environmental, cultural and/or social benefit for Australia.

Successful grant applications
    B1.10    The Mid-Career Industry Fellowship may be undertaken full-time or part-time subject to Your employment conditions and provided that it does not exceed 8 years (excluding any approved periods of suspension).
    B1.11    You must employ the Mid-Career Industry Fellow at a minimum of Academic Level C (or equivalent) for the project activity period.

Part C       Industry Laureate Fellowships
    C1.1       The requirements for the Industry Laureate Fellowships scheme set out here must be read with the general IFP requirements in Sections 1–9.

Grant Eligibility criteria
    C1.2       An individual must not be nominated for more than one Industry Laureate Fellowship application in a grant opportunity.
    C1.3       Your Industry Laureate Fellowship application must:
        1. nominate an Industry Laureate Fellowship candidate;
b.      request funding for a minimum of two PDRAs and two PGRs; and
c.       nominate a Key Industry Partner.
    C1.4       A previous recipient of an Industry Laureate Fellowship is not eligible to apply for another grant under the Industry Fellowship Program.

Assessment criteria
    C1.5       Your application must address all the assessment criteria. We will assess your application based on the weighting given to each criterion. The assessment criteria for the Industry Laureate Fellowship grant opportunity are:
       1. Investigator/Capability 40%
            * Research Opportunity and Performance Evidence (ROPE), including a track-record of outstanding research outputs and achievements appropriate to the discipline/s;
            * Evidence of the candidate's capacity to lead a high-quality program of ground-breaking, internationally competitive industry-focused or industry-based research undertaken by a diverse research team with world-class research translation and/or commercialisation capabilities in collaboration with industry and/or other research end-user groups;
            * Demonstrated ability to develop research collaboration, translation and/or commercialisation skills in HDR students, ECRs and/or industry staff through supervision and mentoring; and
            * The candidate's potential to create an enduring legacy through acting as a senior academic- or industry-based end user ambassador.
      b.         Project Quality and Innovation 25%
            * Contribution of the project to address an important gap in knowledge or significant problem identified by the Key Industry Partner;
            * Innovation and significance of the proposed program