National Priorities and Industry Linkage Fund working group
A working group of university Vice Chancellors will help design the Morrison Government’s $900 million fund to enhance engagement between higher education and industry, with a strong focus on STEM industries.
The $900 million National Priorities and Industry Linkage Fund will allocate block grants to universities to support their engagement with industry and drive work integrated learning opportunities as part of the Job-ready Graduates package.
The working group of Vice Chancellors will help Government design the operation of the fund. The group will be chaired by University of Technology Sydney Vice Chancellor Attila Brungs and comprise University of Newcastle Vice Chancellor Alex Zelinsky; Australian National University Vice Chancellor Brian Schmidt; Federation University Vice Chancellor Helen Bartlett; University of South Australia Vice Chancellor David Lloyd; Western Sydney University Vice Chancellor Barney Glover; Murdoch University Vice Chancellor Eeva Leinonen; and, Universities Australia Chair and Curtin University Vice Chancellor Deborah Terry.
Minister for Education Dan Tehan said the National Priorities and Industry Linkage Fund would have a strong focus on STEM industries.
“We want our universities and industry to work together. Doing so will make our graduates even more job-ready, and drive productivity improvements, innovation and discovery,” Mr Tehan said.
“This fund will support universities to be even more engaged with local needs and domestic student skills. We want universities to continue to invest in STEM skills, research and infrastructure.
"The working group will provide advice to Government on the development of performance metrics for the National Priorities and Industry Linkage Fund, such as: increasing the number of internships and practicums; increasing the number of STEM graduates and improving their employment outcomes; and rewarding formal research partnerships with industries and advanced apprenticeships with industry.”