Abstract: The purpose of this paper is two fold. Firstly, to inform the Australian software engineering community of the European Fifth Framework research structure and the involvement of an Australian partner in a fifth framework project, CORONET. Secondly to describe the CORONET project. CORONET develops a new approach for software engineering training in knowledge networks. CORONET aims to support on demand, collaborative, life-long learning by supporting knowledge generation in corporate knowledge networks accompanied by pedagogically sound improvements of the underlying learning process. By relating the experience of CAESAR's involvement in the CORONET project the paper aims to educate the software engineering community in opportunities that exist for collaboration with European research projects as well as inform the community on how such projects are managed.