There are a few provisos, which seems fair enough as you’d be receiving up to $480,000 US per year over five years for research purposes in addition to a salary at the Assistant Professor level. Here are more details from a notice I received on Friday, May 11, 2012,
The Singapore National Research Foundation (NRF) Fellowship is a globally competitive program and one of the best-funded grants available. For young, passionate scientists, this is an opportunity of a lifetime to lead potentially groundbreaking research, and be offered a tenured-track faculty position at any of the country’s prestigious universities or related research organizations.
Unlike most fellowships that are awarded to institutions, the NRF Fellowship is awarded to an individual, allowing the researcher to have more flexibility in choosing a suitable organization in Singapore.
The Fellowship offers:
- Freedom and independence to pursue path-breaking research in the local host organization of choice
- A five-year research grant of up to US$2.4 million
- A separate, competitive salary at the Assistant Professor level
- Tenure-track appointment at the chosen institution
The NRF is currently accepting applications and the deadline is August 15, 2012. The Fellowship is open to the following:
- Outstanding scientists and researchers of any nationality and under the age of 40;
- Possess a PhD degree in any discipline of computer, life and natural / physical sciences; all branches of engineering; and medicine; and
- Can only be used to fund research conducted in Singapore.
Applications for the NRF Fellowship may be submitted online at https://rita.nrf.gov.sg/AboutUs/NRF_Initiatives/nrff2013/default.aspx
ETA May 25, 2012: Changed link.