Funding Overview
Technology Internship (TIF Undergraduate)

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 employ senior undergraduate students enrolled in a science, technology or engineering degree on a research and development project. This scheme was previously known as TIF Undergraduate.

Funding is provided to larger companies that run internship programmes as well as smaller companies that are developing their first innovative product.

Current funding available

In 2007/08 we will be investing approximately $1.0 million through the Technology Internship? scheme. We are investing in this scheme using an on-demand process, meaning you can apply for funding at any time.

Technology Internship funding provides baseline funding of $14 per hour for up to 800 hours of work upon proof of the company's payment to the intern. This funding is paid directly to the company employing the student.

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.

We also suggest you contact your local university as they will have a working knowledge of the scheme and assist you to find a suitable student.

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