ST. JOHN'S, NL, Nov. 12, 2014 /CNW/ - The Research & Development Corporation (RDC) today announced a new funding program to help businesses support their R&D activities through the hiring of recent Ph.D. graduates. RDC's EmployR&D program provides up to 75% of the salary for a Ph.D. graduate in science or engineering. Successful applicants can receive up to $150,000 over two years.
"Having employees with R&D skills is critical to business success and growth. Through programs like EmployR&D, and an annual investment of $1 million in graduate and doctoral researchers performing oceans-related research and development, we are providing opportunities to encourage innovation, creativity and positive commercial outcomes. I look forward to seeing where these innovators of today will take Newfoundland and Labrador in the future."
- The Honourable Darin King, Minister of Business, Tourism, Culture and Rural Development
This program is available to Newfoundland and Labrador businesses with one or more R&D projects requiring technical expertise at the Ph.D. level. EmployR&D assists businesses in the development of products, processes or services that drive innovation.
"RDC sees an opportunity to increase R&D capacity in the private sector while at the same time helping Ph.D. researchers gain experience in a company setting. This program will enhance private sector R&D capabilities, attract high calibre technical resources, and encourage recent Ph.D. graduates to pursue careers in Newfoundland and Labrador.
- Glenn Janes, Chief Executive Officer, Research & Development Corporation
Eligible Ph.D. graduates must have graduated within the past five years and have worked less than six months in a private sector R&D position.
The Research & Development Corporation is a provincial Crown corporation responsible for improving Newfoundland and Labrador's research and development performance. RDC works with research and development stakeholders including business, academia and government agencies and departments to make strategic investments in highly qualified people, R&D infrastructure and innovative research. Additional information about RDC can be found at: www.rdc.org.
Image with caption: "RDC’s EmployR&D program is designed to enable businesses to hire recent doctoral graduates to support their R&D activities (CNW Group/Research & Development Corporation)". Image available at: http://photos.newswire.ca/images/download/20141112_C7403_PHOTO_EN_7813.jpg
SOURCE: Research & Development Corporation
For further information: Media contacts: Chris Flanagan, Director, Marketing & Communications, Research & Development Corporation, 709-758-1021, 691-1009, email@example.com; Tansy Mundon, Director of Communications, Department of Business, Tourism, Culture and Rural Development, 709-729-4570, 693-1865, firstname.lastname@example.org