This award supports projects that seek to advance cutting-edge applied science, kick start innovative business collaborations that foster the creation of new jobs, or further the development of impact-driven emergent technologies. This unique opportunity provides significant funding for projects that seek to have a positive impact on the health, prosperity, and livelihoods of Americans and Australians through programs of collaborative research and development. Areas of Interest are Health Sciences excluding Psychiatry, Dentistry, General Practice, Nutrition, Psychology, and Fitness; Natural Sciences; Formal Sciences; and Professions and Applied Sciences. A letter of invitation from the applicant's proposed institution with their application is required. Applicants must have a PhD or other terminal degree. Postdoctoral candidates can apply in the last year of their PhD, or within 5 years after its completion. Preference will be given to tenured faculty. Please visit the grant's website for more information about the grant itself, its benefits, and the materials required based on your career or profession.