Selecting Our Investments
Assessment criteria
Assessment criteria for public good, science and technology
We have four assessment criteria that all research proposals are assessed against. Two criteria assess the benefits the proposal may deliver (1 and 3 below), and two assess the likelihood the benefit will be realised by assessing risk and success factors (2 and 4):
| Investment benefits | Success factors and risk management |
|---|---|
| 1. Economic, social or environmental benefits to New Zealand | 2. Implementation pathway |
| 3. Research, science and technology benefits to New Zealand | 4. Ability to deliver research results |
The overall score for a proposal is calculated by adding up scores for the four assessment criteria. However, the weighting each assessment criteria receives varies between portfolio or scheme. For example, proposals in portfolios that are part of the new technology platforms investment area (output expense), building science capability and excellence is given more weight as a key goal in this area.
Assessment criteria for business R&D (TechNZ)
The assessment criteria are modified slightly for research and development proposals from businesses to reflect the different drivers in this area:
| Investment benefits | Success factors and risk management |
|---|---|
| 1. Investment returns | 2. Pathway to market |
| 3. Technology stretch and capability building | 4. Ability to deliver |
You can find information on all the schemes for business (TechNZ) here.
Assessment criteria in other areas such as fellowships are also slightly adjusted to reflect the different goals of the investment areas.