Document ID: chunk:federal_register_of_legislation:F2024C00098:body:0:p8
Version: federal_register_of_legislation:F2024C00098
Segment Type: other
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Character Range: 19450–22630

AAHMS: To provide secretariat and other administrative support to enable the Academies and their fellows to contribute advice and assistance on issues of national importance, to conduct workshops, forums, symposia and similar events so that the Academies and their fellows can engage on issues of national importance, to manage the development and conduct of policy, education and other programs, and to support relationships with international communities including exchange programs and joint research programs.

2.20  Conditions that Apply to HERP Grants

Conditions that apply to the HERP grants will be determined in writing by the Minister, or his or her delegate, under subsection 41‑25(b)(i) of the Act.

2.25  HERP Grant Amounts

The HERP grant amounts will be determined in writing by the Minister, or his or her delegate, under subsection 41‑30(b) of the Act. Grants made through the HERP are indexed in accordance with Part 5‑6 of the Act.

CHAPTER 3—AUSTRALIA'S ECONOMIC ACCELERATOR LAUNCH PROGRAM

3.1    Program

The Australia's Economic Accelerator Launch Program (AEA Launch Program) is specified for the purposes of:

          (a) supporting research by, and the research capability of, higher education providers; and

          (b) encouraging higher education providers to engage with industry.

3.5   Program objectives

     The objectives of the AEA Launch Program are to:
          (a) Support higher education providers to bridge the divide between basic research activities and commercialisation outcomes, through closer engagement with industry partners;

          (b) support research activities aligned to national priority areas, undertaken by higher education providers;

          (c) boost the research capability of higher education providers to conduct research with high commercialisation potential;

          (d)  foster a culture of collaboration between universities and industry; and

          (e)  encourage industry engagement with university research, boosting research capability in areas with the greatest potential for economic impact.

3.10   Extra conditions of eligibility

     (1) Grants under the AEA Launch Program may only be provided to support projects that align with one of the priority areas as set by the Minister in program guidelines.

      (2)   Grants under the AEA Launch Program may be provided across two stages:

          (a) The first stage will operate as follows—eligible higher education providers seeking a grant at this stage must demonstrate industry engagement with the proposed project, and be able to demonstrate that the project activities are designed to provide:

 (i) an experimental proof of concept;
 (ii) that the technology will be validated in a laboratory (or equivalent setting); or
 (iii) that the technology will be validated in an industrially relevant environment.

          (b) The second stage will operate as follows—eligible higher education providers seeking a grant at this stage must provide a project plan that demonstrates a plan, developed in association with an industry partner, in respect of the technology proposed in their project:

 (i) that the