Funding Summary
2009 TechNZ Technology and Capability

Technology funding provides support for potential high growth companies to undertake research and development projects to develop new technology products, processes or services.

Capability funding is targeted both at early stage technology companies to give them the tools they need to succeed in research and development, and mature companies to help them exploit emerging areas of science and technology.

Technology funding

Technology funding provides support for potential high growth companies to undertake research and development projects to develop new technology products, processes or services.

The Foundation will look to invest $40 million per annum in this area, using an on-demand process. Investments will be made in a range of companies, from early stage to mature companies across a broad range of sectors. We have four priority sectors, see case studies below, but will consider good investments outside of these areas.

Case studies:

• Food and beverage manufacturing: and other industries that utilise raw materials grown locally.
• Biotechnology: this includes human therapeutics, biotechnology and medical devices.
• Specialised manufacturing: this sector covers the NZ manufacturing base.
• Information and communication technologies: this sector includes software, electronics and related industries.

Capability funding

Capability funding is targeted both at early stage technology companies to give them the tools they need to succeed in research and development, and mature companies to help them exploit emerging areas of science and technology. The Foundation will look to invest $10 million per annum in this area using an on demand process.
Capability funding is flexible. Examples include:

• involving young scientists, technicians and engineers in research and development projects
• engaging experts in research and development, and commercialisation project
• hosting Masters and PhD students.

In addition to financial assistance we can also help businesses through our Global Expert Service which locates pre-screened experts who can solve a broad range of business problems.

How to apply

See the application guidelines six step process.

For more information

Are you new to TechNZ or Research and Development?
If you haven’t worked with us before, are considering undertaking research and development for the first time or want to undertake a small project, please contact your nearest TechNZ partner.

Have you worked with TechNZ before?
If you have successfully received TechNZ investment in the past, contact the nearest Foundation office.

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

For businesses undertaking non-commercial research, you may want to consider finding out about:

• Research consortia for long term contracts between government and business partnerships.

Schemes no longer available

The following Technology New Zealand schemes are closed to new applicants, but the funding they provide is still available through the new flexible funding process that we are progressively introducing:

• Technology For Business Growth (TBG) 07/08
• Technology Internship (TIF Undergraduate) 09/10
• Technology Fellowship (TIF Education) 07/08
  
• Technology Expert (TIF Expert) 07/08

The Grants for Private Sector Research and Development (GPRSD) scheme is no longer available.