✨ Science Funding Criteria
NEW ZEALAND GAZETTE, No. 132 — 30 OCTOBER 2014
Hon STEVEN JOYCE, Minister of Science and Innovation.
Schedule 1
Smart Ideas Investment Mechanism
- Specific policy objectives—(1) Smart Ideas is designed to drive innovation and an entrepreneurial culture in the research community. Smart Ideas supports novel ideas and emerging capability in research, science, or technology, or related activities, which refresh the national science portfolio.
(2) Smart Ideas is intended to:
a. support basic discovery of, or applied research into, novel, promising ideas;
b. provide early guidance to researchers on positioning research, science, or technology, or related activities for successful application or commercialisation; and
c. attract proposals from, and support, early career researchers in addition to more experienced researchers.
(3) Subject to clause 2.2, 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. While proposals should identify the potential application and benefits of the idea, the implementation pathway and user relationships should be indicative rather than detailed.
b. The objective of Phase 2 is to encourage applicants to undertake research, science, or technology, or related activities that will help apply the idea to achieve its market potential.
- Specific eligibility criteria—(1) To be eligible for funding under the Smart Ideas investment mechanism in either Phase 1 or Phase 2, the applicant must have committed to:
a. receiving advice or mentoring from an entrepreneur or similar commercialisation specialist to aid commercial positioning, or from an end user or service provider who could potentially apply the results of the research, science, or technology, or related activities; and
b. ensuring that some market or user needs analysis will be undertaken or sourced during the programme to aid its positioning.
(2) A proposal is eligible for Smart Ideas funding in Phase 2 only if the proposed research, science, or technology, or related activities directly build on the research programme that received Smart Ideas funding in Phase 1.
- Specific assessment criteria—(1) A proposal for Smart Ideas funding that has been assessed as meeting the eligibility criteria for science-led contestable funding must be assessed against the following specific assessment criteria, and each assessment criterion must be weighted as set out below:
Specific Assessment Criteria for Smart Ideas Phase 1 Funding
| Benefits to New Zealand | Risk Management or Success Factors |
|---|---|
| Outcome benefits to New Zealand | Implementation pathway\ |
| Key Question: | Key Question: |
| To what extent could the proposed research, science, or technology, or related activities create benefits for New Zealand? | To what extent does the proposal outline a plan to develop the idea to take it to market*? |
| Weighting 10% | Weighting 10% |
| Benefits to New Zealand of research, science, or technology, or related activities | Ability to deliver results (outputs) from research, science, or technology, or related activities |
| Key Questions: | Key Question: |
| How novel* is the idea*? | What is the likelihood that the proposed outputs of the research, science, or technology, or related activities will be achieved? |
| What is the quality of the proposed research, science, or technology, or related activities? | |
| Weighting 55% | Weighting 25% |
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Criteria for Proposals for Science-led Contestable Funding
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🎓 Education, Culture & Science28 October 2014
Research funding, Science-led contestable funding, Eligibility criteria, Assessment criteria, Revocation of notices
- Hon STEVEN JOYCE, Minister of Science and Innovation
NZ Gazette 2014, No 132