Funding Overview
Technology Fellowship (TIF Education)

Timeline

  1. Apply for funding
  2. Funding decision is made
  3. Contract is completed
  4. Payment is made
  5. Evaluating success

This scheme encourages innovative companies to involve postgraduate students in their research and development programmes. This helps the company develop new knowledge that leads to the commercialisation of a new product, process, or service, that grows their revenue. This scheme was previously known as TIF Education.

Technology Fellowship funding is provided to companies that are capable of mentoring postgraduate research projects. Typically these companies will invest heavily in research and development and some of their staff will have postgraduate qualifications. The student will perform at least half of the research at the company.

Current funding available

In 2007/08 we will be investing approximately $2.0 million through the Technology Fellowship? scheme. We are investing in this scheme using an on-demand process, meaning you can apply for funding at any time.

Technology fellowship funding provides a tax free payment and travel allowance for the student and a fee for the university to support their role in the scheme. This funding is paid directly to the university as they administer the funds on behalf of the Foundation? and they pay the student. The company pays the direct and mentoring costs as they gain a commercial return from the new knowledge generated in the project.

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 or a university or other tertiary provider directly.

Students should talk to their academic superviser or directly approach a company they are interested in.

All material supplied to the Foundation in technology New Zealand applications for funding is treated with the strictest confidence.