Funding Overview
Technology Expert (TIF Expert)
Timeline
- Apply for funding
- Funding decision is made
- Contract is completed
- Payment is made
- Evaluating success
This scheme aims to grow capability within firms by partially funding the costs for an expert to work on a technically challenging research and development project. The expert will either provide:
- specialist technical expertise for a research and development project
- experience in commercialising the results of research to better define or target a future research and development project.
Technology Expert? funding should result in new products, processes or services being commercialised by the company. However support for a product once it is ready for market such as marketing and branding is not covered. NZ Trade and Enterprise may be able to help you with these activities.
You can find information on who is eligible to apply for Technology Expert funding on the scheme overview page.
Current funding available
The Foundation? will invest approximately $1.8 million in the financial year to 30 June 2008, using an on-demand process. Investments will be made in a range of companies, from start-ups to mature organisations.
Technology Expert funding typically ranges between $25,000 and $75,000, being 50% of the expert’s costs. Higher levels of funding, and higher rates of funding, are made for exceptional projects.
How do I apply?
The application guidelines can be found on the timeline on the right of this page, under more detail.
For more information
Companies should contact the nearest Foundation office.
All material supplied to the Foundation in technology New Zealand applications for funding is treated with the strictest confidence.