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Talent Recruitment Funding

Doing research means long days and multiple demands. Since most projects involve more work than any one person can do, NBIF's talent recruitment funding helps New Brunswick researchers hire the talent they need to succeed. Below are the three types of positions NBIF will partially fund:

Professors

Attracting the right talent is imperative for all organizations focused on innovation, and today, the competition for that talent is global. NBIF provides funding for hiring outstanding professors and researchers and investing in some of the resources they will need to succeed.

Funding for new professors is awarded up to $200,000. Up to 50% of the award can be allocated to the candidate’s first-year salary. Matching funds can include existing funding attached to the candidate, paid release time, in-kind contributions, and contributions from other funding sources. Funding is disbursed to the applicant organization only after the candidate has accepted a tenure-track employment offer, and must be utilized within one year of the date of the transaction.

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Applicant organizations must demonstrate the candidate’s potential to develop innovations that fit with one of NBIF's strategic industries to meet the eligibility criteria for this particular funding mechanism. Formal requests for funding must be submitted by a research organization or the official research services department of a New Brunswick community college or university.

Considering the competitive nature of recruiting professors and researchers, applications are immediately reviewed and decided upon very quickly. Applications are to be submitted in the form of a detailed proposal. To learn more about what to include in your proposal, please contact us.

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Research Assistants

The Research Assistantships Initiative (RAI) is a joint initiative between NBIF and the New Brunswick Department of Post-Secondary Education, Training and Labor (PETL). It provides applied researchers some of the funding they need to hire undergraduate and graduate student research assistants. Researchers may apply for more than one assistant.

Researchers can be funded for more than one graduate research assistantship in any specific round. Graduate Research Assistantships are awarded at $10,000 each. Undergraduate Assistantships are $5,000 each. RAI contributions can be used to top up other funding sources and can be allocated to one or more students. Funding is advanced to the college or university first, and then disbursed to the student(s) in the form of a salary, fellowship or stipend. Ideally, all funds are to be used within one year, however, any unused funding is automatically extended for one additional year with NBIF approval. RAI funding is not transferable to other colleges or universities.

Applications must fit with one of NBIF’s strategic industries. Research programs that demonstrate value-added relationships with the private sector are encouraged.

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Applications are to be submitted by completing the RAI Application Form, will be made available on October 1, 2015.  The deadline for applications is FEBRUARY 5, 2016. In general, it will summarize the research program’s objectives, methodology, anticipated contribution to knowledge, and potential for innovation. Specifically, it will identify the number of undergraduate and graduate research assistantships requested, and the duration for each, and explain the expected contribution of the incumbents.

NBIF and PETL jointly announce successful applicants. Recipients are required to recognize the financial contribution of NBIF and PETL in publications that directly or indirectly include the work of the research assistant. Annual financial reports are required that list the utilization of all funds, including those leveraged or matched by other funding sources or organizations.

Only not-for-profit research institutions and the research services offices of New Brunswick universities and colleges can apply. A review committee comprised of representatives from NBIF and PETL selects the successful applicants.

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Research Technicians

The Research Technicians Initiative (RTI) is a joint initiative between NBIF and the New Brunswick Department of Post-Secondary Education, Training and Labor (PETL). It provides applied researchers some of the funding they need to hire post-graduate and post-doctoral research technicians.

Funding is provided to a maximum of $75,000 per position created, primarily for salary and benefits. The funding must be spread over three years in the following manner: 65% in the first year, 50% in the second year, and 35% in the final year.

Matching funds can include direct contributions to the technician’s salary and benefits by the college or university, technician-related expenses covered by other funding sources, grants obtained by the technician, and in-kind contributions.

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The 2015 RTI Competition is now closed.

Applications are to be submitted in the form of a detailed proposal. In general, it will summarize the research program, the qualifications of the required associate or technician, and how the organization plans to sustain the position after the original funding has been exhausted.

Recipients are required to recognize the financial contribution of NBIF and PETL in all publications that directly or indirectly include the work of the technician. Annual financial reports are required that list the utilization of all funds, including those leveraged or matched by other funding sources or organizations.

Only not-for-profit research institutions and the research services offices of New Brunswick universities and colleges can apply. A review committee comprised of representatives from NBIF and PETL selects the successful applicants.

 

Apply