Commercialisation Training Scheme (CTS) Scholarship
Closing date: 11 July 2008
The Commonwealth Government Commercialisation Training Scheme (CTS) provides funds to support domestic research commercialisation training for a limited number of Research (HDR) students by completing a concurrent Graduate Certificate. The objective of the CTS is to provide high quality research commercialisation training for the next generation of Australian researchers as a means of equipping them with the skills, knowledge and experience necessary to bring research-based ideas, inventions and innovations to market. Further information on the CTS scheme is available from Commercialisation Training Scheme (DEST Website)
At Macquarie University, up to 8 selected students will receive a CTS Scholarship to undertake the Macquarie Postgraduate Certificate in Entrepreneurship, part-time, concurrent with their HDR candidature. The CTS Scholarship will:
1. Pay the applicable student tuition fees (In 2008, $5,760), and
2. Provide $2,000 towards research costs to undertake the final project unit.
3. Provide a $5,000 stipend to the scholarship awardee (Tax exempt for students concurrently on a full time scholarship with Macquarie University).
The Postgraduate Certificate in Entrepreneurship
The program aims to provide participants with sufficient understanding and skills to make decisions about their future involvement as entrepreneurs or as members of an early-stage entrepreneurial venture. The Postgraduate Certificate in Entrepreneurship for CTS scholarship recipients requires completion of three units each worth 4 credit points: INOV801, INOV802, and INOV808. These units equip students with the knowledge and skills necessary for commercialising and marketing new ideas. Many researchers and inventors have brilliant ideas but lack the skills needed to bring these ideas to market. These units will help students appreciate how this can be done within various entrepreneurial projects. This knowledge will be useful to students in developing their own intellectual property and for students who might act in an advising or consulting capacity.
MII’s Graduate Certificate in Entrepreneurship can be undertaken on a part-time basis and completed within a 12-month period including a summer term. The units are, in general, being offered as early evening delivery or as on-line units. The semesters at Macquarie University are of 13 weeks and the next commencement dates for 2008 is 30 July 2008.
For the 2008/2009 intake, the study pattern will be as follows:
INOV801 Semester 2, 2008 Online with three face-to-face seminars
INOV802 Semester 1, 2009 Tuesdays, 6-9 pm (weekly)
INOV808 Individually supervised commercialisation project to be completed by August 2009.
For further information on the Postgraduate Certificate in Research Commercialisation, contact Sam Burshtein email: sam.burshtein@mq.edu.au, telephone 9850 4803.
Details related to the CTS Scholarship Scheme: Eligibility requirements, conditions of award and selection policy (PDF) .
To apply two forms need to be completed:
They should be lodged by the advertised closing date with:
The Scholarships Officer
Higher Degree Research Office
Cottage C4C
Macquarie University NSW 2109