The New Jersey Department of Labor and Workforce Development (NJDOL) has introduced Sept. 29 the supply of $1.5 million in grant funding by means of the Innovation and Research Fellowship Program (IRFP), which helps technological and scientific research by encouraging Ph.D. graduates and doctoral candidates to proceed research in collaboration with the state’s science and know-how corporations.
Grants will likely be awarded to certified employers to fund research fellowships lasting up to two years, with funds primarily meant to help the guy’s wage. To be eligible, the employer and the guy candidate should submit a joint utility.
“Through this vital program, we are not only investing in the brilliant minds of today but also securing New Jersey’s position as a leader in the scientific and technological advancements of tomorrow,” stated Labor Commissioner Robert Asaro-Angelo. “We are proud to support collaborations that create opportunities for researchers to excel in their fields.”
The fellowship grant would offer a wage up to $85,000 within the first 12 months. In the second 12 months, the grant will present a wage up to $95,000, and taking part corporations could be required to contribute at the very least $25,000 towards the guy’s wage. The IRFP grant award doesn’t prohibit the yearly wage for a fellow and employers which are grantees pays yearly salaries above the quantity supplied by means of the grant.
Additionally, employers could request funding for tools purchases and convention attendance – with applicable justification included within the utility – though this quantity can not exceed 5% of the guy’s complete wage. All non-salary expenditures will likely be topic to NJDOL overview and approval.
Applications have to be submitted by way of e mail by 3 p.m., Oct. 28.