The Royal Society are organising a scheme for academic scientists who want to work on a collaborative project with industry, and for scientists in industry who want to work on a collaborative project with an academic organisation.
It aims to enhance knowledge transfer in science and technology between those in industry and those in academia in the UK. The scheme provides a basic salary for the researcher and a contribution towards research costs. The scheme is funded by the Royal Society, the Engineering and Physical Sciences Research Council, the Biotechnology and Biological Sciences Research Council, the Natural Environment Research Council, Rolls-Royce plc and BP plc.
Applications are initially assessed by Industry Fellowship panel members and a shortlist is drawn up. Shortlisted applications are then sent for independent review and are finally considered at a panel meeting, together with their nominated and independent references. It is expected that applicants will be notified of the outcome of their application 4 months after the closing date.