The Collective’s scheme helps entities to evaluate a new commercial opportunity. The funding aims to provide the entity with scientific evidence that prove the project is technically feasible and provides a strong indication of its commercial viability.
Additionally the entity gains expertise in managing research and development projects and establishes relationships with research organizations.
In 2007/08 we will be investing approximately $750,000 through the Collectives? scheme. We are investing in this scheme using an on-demand process, meaning you can apply for funding at any time.
Foundation? funding for individual projects are limited to $100,000 incl. GST.
Collectives funding normally covers most of the project costs. However, the entity is encouraged to contribute staffing and financial resources to the project.
The application guidelines can be found on the timeline on the right of this page under more detail.
Contact the Foundation National Māori Business Manager.
All material supplied to the Foundation in technology New Zealand applications for funding is treated with the strictest confidence.