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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 technology will be validated in an industrially relevant environment;
 (ii) that the technology will be demonstrated in an industrially relevant environment; or
 (ii) the system prototype will be demonstrated in an operational environment.

3.15   Approval of grants

Grants under the AEA Launch Program will be:

          (a) approved by the Minister in writing;

          (b) made in respect of projects; and

          (c) subject to conditions imposed on the grant by the Minister in writing under paragraph 41-25(1)(c) of the Act.

       CHAPTER 4—NATIONAL INDUSTRY PHD PROGRAM

4.1    Program

The National Industry PhD Program (the Program) is specified for the purposes of supporting the training of research students, and supporting arrangements to increase industry-led study and postgraduate research, under items 8 and 11A of the table in subsection 41-10(1) of the Act.

4.5   Program objectives

     The objectives of the Program are to:
         (a)           develop talented PhD Candidates into researchers who can work in both industry and academic settings;
         (b)          support high calibre industry professionals into industry researchers and leaders, with the potential to work in academic settings;
         (c)           contribute to industry-focused innovation and development through university-industry collaboration;
         (d)          strengthen collaboration between Australian companies and universities;
         (e)           support industry-focused PhD research projects that align with the priority areas as set by the Minister in the program guidelines;
         (f)            for the purpose of item 8 of the table in subsection 41-10(1) of the Act, support higher education providers to provide appropriate academic supervision of PhD Candidates to undertake a research project with an industry application; and
         (g)          for the purpose of item 11A of the table in subsection 41-10(1) of the Act, support bodies corporate that meet the requirements in subsection 4.10(1) (industry partners) to support employees to undertake PhD projects in partnership with a university.

4.10   Specified bodies corporate and extra conditions of eligibility

Specified bodies corporate

     (1) Bodies corporate that meet all of the following criteria are specified for the purposes of item 11A in the table in subsection 41-10(1) of the Act, as an industry partner eligible to receive a grant for the purposes of paragraph 4.5(g):
         (a) the body corporate undertakes R&D activities;

         (b) the body corporate is partnered with a higher education provider eligible to receive a grant to support a PhD project for the Industry Researcher PhD stream; and

         (c) the body corporate employs a PhD Candidate that:

              (i) will be eligible for a RTP Fees Offset for the duration of their PhD candidature in the Program;
              (ii) has not