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Funding Overview
Capability - Technology Internships (Summer 09/10)

Timeline

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

We have successfully placed 180 undergraduates in summer employment. Applications have closed for 2009.

Technology Internships encourage innovative companies to employ senior undergraduate students enrolled in a science, technology or engineering degree on a research and development project. (This 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

Internship funding provides baseline funding of $16 per hour for up to 450 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?


If you have worked with the Foundation before, contact your TechNZ investment manager.

If you do not have a TechNZ investment manager, contact your nearest TechNZ partner Locate your regional TechNZ partner.

The application guidelines can be found on the timeline on the right of this page under more detail.

Eligibility Criteria - Companies

  • Align with TechNZ company investment criteria 
  • Have the ability to mentor the student:
    • preferably 10+ FTEs per project in company
    • start ups limited to one student (unless strong track record)
  • Provide an environment for strong student immersion in activities:
    • one student per project (unless strong case can be made)
    • positive R&D culture
    • committed overheads to support the engagement.

Eligibility Criteria - Undergraduates

Undergraduates must:

  •  have good grades (B+ average)
  •  undertake a project with the host company that is beyond business as usual activities.

Permanent residency is preferred.  However, foreign students who can demonstrate a strong case that the project will benefit New Zealand are also eligible.

For more information

As well as the TechNZ partners, companies can also contact their local university as they have a working knowledge of the internships and can assist with finding a suitable undergraduate student.

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