A very clever move, and likely to promote activity in research and credibility globally.
Questions to address will be if they are now relinquishing any IP or rights to the IP, how much of the funds will they be able to access and what other projects are on the table collectively from all the (~20 odd) partners to share in the $5m funding?
Should be more to follow, at least, hopefully!
GLTA
Cabe
Ann: Government Grant for University and Industry Collaboration, page-2
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