Joint Media Release with the Senator The Hon Kim Carr, Minister for Innovation, Industry, Science and Research
The Minister for Education, Julia Gillard, and Minister for Innovation, Industry, Science and Research, Senator Kim Carr, today announced that universities may now bid for a share of $550 million in funding to improve infrastructure for the benefit of students and the environment.
The investment is part of the Rudd Government’s Nation Building program designed to provide jobs now in these tough economic times and deliver infrastructure for the future.
This round of the Education Investment Fund will provide $300 million for infrastructure improvements at universities, vocational education providers and research institutes throughout Australia.
The Sustainability Round funding will provide $250 million specifically for green university, vocational education and research infrastructure projects.
$2.9 billion worth of projects in the Education Investment Fund have been fast-tracked and are already supporting construction jobs throughout Australia.
These projects will provide world-leading research and educational facilities. The investment will also allow universities to increase student numbers, enhance innovation and position Australia to meet its skills needs now and into the future.
The $250 million Sustainability Round will place an emphasis on advancing teaching and research in the areas of climate change through projects that also showcase environmentally sustainable design and allow for large scale demonstrations of new and emerging green technologies.
The EIF Round and the Sustainability Round will be run concurrently. Initial applications are due by 8 September 2009. Applications to support collaborative projects that will have benefits across more than one institution are encouraged.
Program guidelines can be found at Education Investment Fund.