R&D Student Grants - Number of Grants per Business Guide
Number of Grants per Business Guide
R&D Student Grants
The following information is a guide only to provide businesses with an indication of the maximum number of student grants they may be able to receive from Callaghan Innovation. Every business is different, however, so please talk to us first about what may be suitable for your business.
A business may receive multiple student grants at any one time, depending on the size of its R&D team and if it has the capability to support the students adequately. The key consideration is that you have the appropriate environment to provide the students with a meaningful commercial/R&D experience ? this includes the ability to commit time and resource towards the student's learning and development.
The table below presents the number of grants a business may be able to receive at any one time. A business can have any combination of the three types of student grants but shouldn't exceed the maximums as recorded below. A business must have at least one full time equivalent* employed in R&D to be eligible for a student grant.
RATIO OF R&D FTE TO STUDENTS
A business may receive 1 student for every 2 full time equivalents (FTE) employed in R&D, up to the maximum (caps) below.
Exception: A business with only 1 FTE employed in R&D may receive 1 student.
CAP PER BUSINESS ON TYPES OF STUDENTS
Grant type
Maximum number of students? per business at any one time
Experience Grant Fellowship Grant Career Grant
Unlimited 5 10
EXAMPLES OF ELIGIBILITY BASED ON R&D FTE
Full time equivalent (FTE) employed in R&D?
Maximum number of students? per business at any one time
Under 1
0
1 ? 3
1
4 ? 5
2
6 ? 7
3
8 ? 9
4
10 ? 11
5
11.5
5
25
12
51
25
? `Students' refers to the number of students that are funded by Callaghan Innovation ? This may be cumulative e.g. 2x 0.5 FTE. Please do not include any other students funded by Callaghan
Innovation in your FTE count.
Note: You will record your business's R&D FTE numbers in your Student Grant application form.
NO. OF STUDENT GRANTS PER BUSINESS
> APR 2019 V3
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