440 NEW ZEALAND GAZETTE, No. 13 7 FEBRUARY 2013

JUDGEMENT CRITERIA

Callaghan Innovation must assess proposals against the following criteria:

WEIGHTINGS FOR JUDGEMENT CRITERIA

Callaghan Innovation must apply the following weightings to the above judgement criteria.

PARAMETERS SPECIFIC TO THIS INITIATIVE

• Callaghan Innovation must consider the level of co-funding to be provided by the recipient in the case of every grant.
• On average across the total amount of Technology New Zealand Targeted Grants, the funding allocated by Callaghan Innovation must not be more than 50% of the proposed cost of research and development.
• In making decisions, Callaghan Innovation must seek to achieve balance across TechNZ Targeted Grant investments in terms of business maturity. To achieve this, Callaghan Innovation may take into account the overall mix of previous, current and planned investments.
• The majority of targeted grants are to encourage or support high risk "stretch" research and development activities.

2. Technology New Zealand Capability Grants

POLICY OBJECTIVES

The objective of this initiative, in addition to the overall objectives of this tool, is to grow New Zealand businesses’ research and development capability by:

• improving their ability to develop new or more sophisticated technologies; and/or
• improving research and development skills and related business management practices.

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 Disability Act 2000; or an entity that is 50% or more owned by one or more of those types of entities, and:
  • where a group of businesses may receive funding together, such groups may not include one or more of the above types of entities; and
  • where a nominated representative may receive funding, these entities may, however, act as nominated representatives.
• Where a nominated representative may receive funding, the nominated representative may only receive funding when Callaghan Innovation is satisfied that those funds will ultimately be used or applied by or for the benefit of the nominating business or businesses.

The research, science and technology and related activities funded under this initiative should result in businesses:

• that have not previously undertaken research and development beginning to do so; or
• sustaining on-going research and development activity; or
• improving uptake of external technologies, including international technologies; or
• adopting business practices to support increased or improved research and development activity.