Scheme overview
Technology for Business Growth (TBG)

What this scheme aims to do

Technology for Business Growth (TBG?) funding supports the growth in capability within companies by partially funding technically challenging research and development projects, which develop innovative new products, processes and services that grow the organisation.

Who can apply?

Companies resident in New Zealand that are registered for GST are eligible to apply. If the company is partially owned by central or local government, their ownership stake must be 50% or less (state owned enterprises are an exception and can apply).

To apply, companies must have a commercial focus: developing and selling products, processes and services for profit.

Foreign owned companies resident in New Zealand can also apply. A key issue for these companies is to demonstrate that the funding will benefit New Zealand.

We are targeting applicants that have high growth potential and aim to become globally competitive.

You can assess your eligibility for Technology for Business Growth by completing a simple checklist.

What the funding is for

The funding covers up to 50% of research and development costs, including the cost of the work done by the company.

Current funding available

See the funding overview page for details.

Related schemes

If you would benefit from Technology for Business growth you may also be interested in the following scheme(s):

• SmartStart, which helps companies to start or complete a research and development project
• Technology Expert, which partially funds the costs of an expert to work in the company on a research and development project
• Global Expert, which locates pre-screened experts who can solve a broad range of business problems.

For more information

Companies should contact the nearest Foundation? office.