New Zealand Gazette – 2013 – No. 13

Page 441

✨ Technology Development Grants

7 FEBRUARY 2013 NEW ZEALAND GAZETTE, No. 13 441

JUDGEMENT CRITERIA

Callaghan Innovation must assess proposals against the following criteria:

Benefits to New Zealand	Risk or Success factors
A. Investment returns	B. Pathway to market (commercial outcomes)
Key Question: Assuming this project is successful, what are the potential commercial returns to the business and the benefits to New Zealand?	Key Question: Assuming this project is successful, what is the likelihood the business will realise the commercial returns?
C. Technical stretch and capability building	D. Ability to deliver (R&D outputs)
Key Question: Will this project build capabilities of potential future benefit for the business and New Zealand?	Key Question: What is the likelihood the project will deliver the results?

WEIGHTINGS FOR JUDGEMENT CRITERIA

Callaghan Innovation must apply equal weighting to each of the above judgement criteria.

3. Technology Development Grant

POLICY OBJECTIVES

The objective of this initiative, in addition to the overall objectives of this tool, is to improve New Zealand’s economic performance by increasing the total level of the investment made by high technology New Zealand businesses in research and development.

ELIGIBILITY CRITERIA

Only individual businesses are eligible to receive funding via this tool.
A business must be a person or entity that is in business and resident in New Zealand.
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.

Entities that conduct or commission research and development activities mainly for other persons or businesses are ineligible for Technology Development Grant funding, even if they meet the requirement to be “in-business”.

In addition to the eligibility criteria above, to be eligible to receive funding a business must:

have a track record of reasonable spend on research and development activities relative to the revenue of that business (R&D intensity)
be able to meet due diligence requirements to a standard sufficient to justify a three-year investment from government (including, but not limited to financial viability and suitable management capability)
have a research and development programme that aligns with the aspirations of the business around growth and is likely to generate wider benefit to New Zealand.

JUDGEMENT CRITERIA

Callaghan Innovation must assess proposals against the following criteria:

A. Business and R&D track record	B. Business and opportunity
Key Question: Does the business have a successful track record in delivering and exploiting R&D?	Key Question: Is this an aspiring business with an ambition to grow through investment in R&D?
C. R&D programme	D. Benefit to New Zealand
Key Question: How will the R&D programme (and the Grant) contribute to achieving business outcomes?	Key Question: What are the likely benefits to New Zealand from the business’ R&D programme?

WEIGHTINGS FOR JUDGEMENT CRITERIA

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

Assessment criteria	Weighting (%)
A. Business and R&D track record	40
B. Business and opportunity	15
C. R&D programme	15
D. Benefit to New Zealand	30

PARAMETERS SPECIFIC TO THIS INITIATIVE

This initiative will support a programme of research and development activities.

The Technology Development Grant is equal to 20% of the eligible expenditure of a business’s R&D programme, for three years, up to $2.4 million per business, per year.

Eligible businesses must have an R&D intensity (the ratio of R&D expenditure to revenue) of 3% or more and revenue of at least $3 million per year over the three years.

4. Technology Transfer Voucher

POLICY OBJECTIVES

The objective of this initiative, in addition to the overall objectives of this tool, is to increase the transfer of technology and related knowledge between businesses and accredited publicly funded research organisations by supporting business-led projects that develop better linkages between the two.

Gazette.govt.nz — NZ Gazette 2013, No 13

The General Assembly Library (on the right) was completed in 1899 and survived the 1907 fire. Now the oldest remaining original Parliament building, still used as the Parliamentary Library.

✨ LLM interpretation of page content

🏭 Technology New Zealand Capability Grants (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsResearch, Development, Funding, Eligibility, Business Growth

🏭 Technology Development Grant Eligibility Criteria

Domain🏭 Trade, Customs & Industry
KeywordsGrant, Funding, Eligibility, Research and Development, Business

🏭 Technology Development Grant Judgement Criteria

Domain🏭 Trade, Customs & Industry
KeywordsGrant, Funding, Criteria, Research and Development, Business

🏭 Technology Development Grant Parameters

Domain🏭 Trade, Customs & Industry
KeywordsGrant, Funding, Parameters, Research and Development, Business

🏭 Technology Transfer Voucher Policy Objectives

Domain🏭 Trade, Customs & Industry
KeywordsVoucher, Funding, Technology Transfer, Research and Development, Business

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