Research Funding Criteria




Criteria Specific to Investment Tools

BUSINESS–LED R&D TOOL

OVERALL POLICY OBJECTIVE

The business–led R&D tool relates to research and development activities led by businesses. The objective of this tool is to increase New Zealand businesses’ investment in research and development to support increased productivity.

INITIATIVES

Four initiatives sit within the business–led R&D investment tool.

  1. TechNZ Targeted Grants.
  2. TechNZ Capability Grants.
  3. Technology Development Grants.
  4. Technology Transfer Vouchers.

Criteria relating to each are set out in following sections.

1. Technology New Zealand Targeted Grants

POLICY OBJECTIVES

The objectives of this initiative, in addition to the overall objectives of the Business–led R&D tool, are to:

  • grow business investment in research and development in areas of government priority
  • improve the ability of businesses to develop new or more sophisticated technologies.

ELIGIBILITY CRITERIA

  • Only a business or a group of businesses are eligible to receive funding via this tool. A business or group of businesses may nominate a representative to receive funding.

  • A business must be a person or entity that is in business and resident in New Zealand, and:

    • where a group of businesses are applying together, each of the businesses involved must meet these criteria.
    • where a business or businesses nominate a representative to receive the funding, the business or businesses must meet these criteria. A nominated representative does not need to meet these criteria.
  • Businesses may not be an entity established under or governed by the Education Act 1989, Crown Research Institutes Act 1992, Local Government Act 2002, Local Government (Auckland Council) Act 2009, or the New Zealand Public Health and



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Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2011, No 9





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