TechNZ
Capability – TechNZ Expert
The TechNZ Expert scheme aims to grow capability within firms by partially funding the costs for an expert to work on a technically challenging research and development (R&D) project. The expert will either provide:
- specialist technical expertise for a R&D project
- experience in commercialising the results of research to better define or target a future R&D project.
TechNZ Expert funding should result in new products, processes or services being commercialised by the company. However support for a product once it is ready for market such as marketing and branding is not covered. NZ Trade and Enterprise may be able to help you with these activities.
Investments will be made in a range of companies, from start-ups to mature organisations.
TechNZ Expert funding covers 50% of the expert’s costs. Payment is made to the company employing the expert.
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 challenges.
Download the TechNZ Expert application form.
TechNZ Expert funding process
Expert funding is an on-demand process.
We use a six step process:
- Discuss your project or new product ideas with your regional business partner or your investment manager
- Apply for funding
- Funding decision is made
- Contract is established
- Payment is made
- Evaluating process
Timeline
The size of your project investment will determine how long the process will take. Typically small TechNZ capability funding through regional business partners will take several weeks while large investments can require sign-off from our management, and will take longer.
Next steps
Are you new to TechNZ or R&D?
If you haven’t worked with us before, are considering undertaking R&D for the first time or want to undertake a small project, please contact your nearest regional business partner.
Have you worked with TechNZ before?
If you have successfully received TechNZ investment in the past, contact the nearest Foundation office or your investment manager.