The funding through the European Commission's prestigious Horizon 2020 research and innovation scheme was secured by RMIT Europe and RMIT's Global Business Innovation Enabling Capability Platform.
It will see the University lead a 22-member research consortium of research centres, industry groups and universities in Austria, Croatia, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain and Switzerland.
The project, which is named OpenInnoTrain, will form an international and inter-sectoral network of organisations working collaboratively to facilitate knowledge development and sharing in the four contemporary areas of FinTech, Industry 4.0, CleanTech and FoodTech.
It will include an extensive program of secondments and network activities to foster knowledge sharing and to raise awareness of Open Innovation and Research Translation as ways of academia and industry working together to convert scientific research into products and services that benefit society.
Professor Anne-Laure Mention, Director of RMIT's Global Business Innovation ECP, said OpenInnoTrain will fund scientific exchanges over four years.
"It will see more than 35 researchers in Europe visit Melbourne, Australia for research stays ranging from one month to one year," she said.
"In addition to exchanges, the project will also enable a range of events between our European hub in Barcelona and our university partners in Europe including workshops, summer schools, masterclasses, seminars and hackathons."
Story: Karen Matthews
OpenInnoTrain is a Marie Skłodowska-Curie Research and Innovation Staff Exchange, funded by the European Union’s Horizon 2020 Research and Innovation program, Grant Agreement number 823971.