Why does the Royal Society of Chemistry offer these grants?
- To support chemical science R&D based companies in a practical and straightforward way
- As the shape of the chemistry using sector has changed with a shift towards a greater number of SMEs, the capacity for large companies to host placements has diminished
- To increase innovation
- To encourage chemistry graduates into industry and to enhance their research and employability skills
- And to help bridge the gap between academia and industry.
Tom Screen, CEO of YproTech said: " A great way to encourage and support new SMEs to host a placement student. Brings the potential benefits of placement schemes to SMEs which now make up such a large proportion of the UK chemistry sector."
What do companies get?
- Successful SMEs will not only receive a grant to cover salary and employer NI for 2016/17 of up to £20,000 but will also have the opportunity to obtain funding to cover 50% of costs for a subsequent placement in 2017/18
- There is also help with recruiting the student (who must be studying chemistry) through the RSC's partners Cogentskills.
- This means that the role will be advertised to a very wide number of universities and you will have help shortlisting and arranging interviews.
- Applicant numbers ranged between 40 -150 for last year's roles.
- The final decision on who to select is the company’s.
How to apply
Eligibility and selection
- You must be a company with under 250 employees in the UK with who carries out chemistry based R&D and you need to join our scheme for small companies: EnterprisePlus.
- Companies must also have been in business for more than two years.