✨ Research Funding Guidelines
NEW ZEALAND GAZETTE, No. 193
15 DECEMBER 2011
Schedule 1
Smart Ideas Investment Mechanism
1. Policy objective
1.1 Smart Ideas is a contest of ideas, designed to drive innovation and an entrepreneurial culture in the national research portfolio. Supporting novel ideas and emerging research capability is intended to continually challenge and refresh the national science portfolio.
1.2 The objective of Smart Ideas is to:
(a) support basic discovery and/or applied research into promising ideas in priority areas; and
(b) provide early guidance to researchers from key end-users, such as service providers, entrepreneurs or commercialisation on positioning research for successful application and/or commercialisation; and
(c) build and support entrepreneurial capability, by providing support to early career researchers.
1.3 Smart Ideas funding is available in two phases; a research phase ("Phase 1") and an application phase ("Phase 2"). The objectives of each phase are as follows:
(a) The objective of Phase 1 is investigative, in that it aims to use an innovative approach to develop new knowledge that will solve a problem, fulfil a need, or prove a hypothesis; and
(b) the objective of Phase 2 is to focus the research on achieving application or market potential.
2. Assessment criteria
Proposals for Smart Ideas funding that meet the eligibility criteria for Science-led contestable funding must be assessed against the following assessment criteria, and each assessment criteria must be weighted as set out below:
Assessment criteria for proposals for Smart Ideas Phase 1 Funding
| Benefits to New Zealand | Risk Management or Success Factors |
|---|---|
| Outcome benefits to New Zealand | Implementation Pathway |
| Key Question: Assuming the project is successful, what is the potential contribution it will make? | Key Question: What is the proposed implementation pathway for the project? |
| Proposals must be assessed on: | Proposals must be assessed on: |
| - Identification and assessment of the opportunity or need in the New Zealand context | - Identification of appropriate implementation pathway |
| Weighting 10% | Weighting 15% |
| Research, science and technology benefits to New Zealand | Ability to deliver research, science and technology results (outputs) |
| Key Question: Is the idea novel, innovative and the science of high quality? | Key Question: What is the likelihood the research outputs will be achieved? |
| Proposals must be assessed on: | Proposals must be assessed on: |
| - Novelty of idea | - Plan for mitigation of technical challenges in the research |
| - Research plan and justification for approach | - Research experience commensurate with career stage and access to any additional key expertise and capabilities required for the research |
| Weighting 50% | Weighting 25% |
Assessment Criteria for Smart Ideas Phase 2 Funding
| Benefits to New Zealand | Risk Management or Success Factors |
|---|---|
| Outcome benefits to New Zealand | Implementation Pathway |
| Key Question: Assuming this project is successful, what is the potential contribution it will make? | Key Question: What is the proposed implementation pathway for the idea? |
| Proposals must be assessed on: | Proposals must be assessed on: |
| - Tangible benefits to New Zealand and clear user engagement | - Plan for delivery of benefits, including mitigation of barriers to implementation |
| - Expert advice and mentoring | |
| Weighting 25% | Weighting 25% |
| Research, science and technology benefits to New Zealand | Ability to deliver research, science and technology results (outputs) |
| Key Question: Is the idea novel, innovative and the research of high quality? | Key Question: What is the likelihood the research outputs will be achieved? |
| Proposals must be assessed on: | Proposals must be assessed on: |
| - Advancement of knowledge frontiers | - Research experience commensurate with career stage |
| - Project plan and critical steps | - Project management and support |
| Weighting 30% | Weighting 20% |
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NZ Gazette 2011, No 193
✨ LLM interpretation of page content
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Criteria for Proposals for Science-led Contestable Funding
(continued from previous page)
🎓 Education, Culture & Science9 December 2011
Research funding, Science-led contestable funding, Research, Science, and Technology Act 2010, Vision Mātauranga, Investment mechanisms, Eligibility criteria, Assessment criteria