New Zealand Gazette – 2015 – No. 132

Page 48

✨ Research and Development Grants Criteria



NEW ZEALAND GAZETTE, No. 132 — 3 DECEMBER 2015

Research and Development Student Grants

Criteria to be Applied

Callaghan Innovation must make funding decisions in accordance with the:

  • Public Finance Act 1989;
  • parameters specific to the business-led R&D tool; and
  • criteria specific to each initiative within the tool, which are:
    • policy objectives;
    • eligibility criteria;
    • judgement criteria (if applicable); and
    • parameters specific to the initiative (if applicable).

In addition to the criteria listed above, Callaghan Innovation must take into account the overall mix of relevant investments. Detailed criteria specific to each initiative are set out in more detail in the following pages.

Administrative Processes

Callaghan Innovation will:

  • market the tool and provide easy to access public information explaining its features;
  • actively seek out applicants from inside and outside the group of businesses it currently works with;
  • develop and implement processes for vetting and auditing businesses to ensure that claimed research and development is legitimate;
  • ensure that applicants and recipients of grants have access to complementary advice and services where appropriate;
  • gather data on applicants during and following the grant period to support programme evaluation; and
  • monitor funded businesses’ activities during and after the grant period and seek to claw-back (recover) funding as appropriate. Callaghan Innovation is expected to implement claw-back mechanisms.

Callaghan Innovation may issue standing or periodic calls to generate proposals for consideration. The calls for proposals will be consistent with the criteria in this direction, and will provide guidance for applicants. This guidance may include, where applicable:

  • the area(s) of investment in which a funding decision is required;
  • more detail as to how the criteria in this notice apply to the area of investment;
  • the tool (or initiative within the tool) to be used;
  • the amount of funding available;
  • specific outcomes sought for a given investment process or decision; and
  • other timeline and process information.

Calls for proposals will be published on the Callaghan Innovation website www.callaghaninnovation.govt.nz

Revocation of Previous Notice

The notice entitled Direction to Callaghan Innovation—Criteria for Assessing Proposals for Funding, published in the New Zealand Gazette, 31 October 2013, No. 146, page 3990, is revoked.

Criteria Specific to the Business-led R&D Tool

Overall Policy Objective

The objective of this tool is to increase New Zealand businesses’ investment in research and development to support long-term economic growth.

Initiatives

Three initiatives sit within the business-led R&D tool:

  1. Research and Development Growth Grants.


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Online Sources for this page:

Gazette.govt.nz — PDF NZ Gazette 2015, No 132




✨ LLM interpretation of page content

🎓 Criteria for Research and Development Student Grants (continued from previous page)

🎓 Education, Culture & Science
Research and Development, Student Grants, Criteria, Funding, Callaghan Innovation

🎓 Revocation of Previous Notice

🎓 Education, Culture & Science
Revocation, Previous Notice, Callaghan Innovation

🎓 Criteria Specific to the Business-led R&D Tool

🎓 Education, Culture & Science
Business-led R&D, Criteria, Research and Development, Economic Growth