In its 2018/19 Budget, the NSW Government announced $15 million in funding to support innovation and investment in the state's research and development capacity under the Research Attraction and Acceleration Program (RAAP).
The funding is being used to encourage and support high-quality, high-impact research, and increase innovation in the state's R&D system. RAAP funding is primarily allocated through competitive grants rounds using a rigorous selection process – and used to leverage funds from national and international bodies.
This includes support for the highly prestigious, high-impact ARC Centres of Excellence Program and critical research infrastructure for our state's universities.
The RAAP also supports science engagement and outreach activities in NSW. These strengthen the science and R&D sectors and aim to connect the public with the sciences. Initiatives include:
A strong research and development capability is a critical driver for innovation in the state's economy. Investment by government, industry and individuals in R&D has long-term benefits which include higher standards of living, economic prosperity, improved social and physical infrastructure and the generation of further knowledge, discoveries and services.
By enabling a targeted investment and stronger partner links, the RAAP aims to give NSW a greater role in the future of key national research and research infrastructure, and contribute to jobs creation in the state.
CSIRO Solar Thermal Project, CSIRO Newcastle