Download the Technology for Business Growth application form.

• If your request is for less than $100,000 you can expect a decision within four weeks.
• If your request is for more than $100,000 you can expect a decision within three to four months of the final proposal being accepted by the business manager.

We will only fund the proposals that best meet our assessment criteria. If you fail to get Technology for Business Growth funding your project may still be eligible for Inland Revenue’s tax credits for research and development.

Your business manager will advise you of our decision on your proposal, including any condition placed on the funding. 

If your proposal has been approved they will advise the project start date, which is the date of approval.

Once any pre-contract conditions are satisfied we will send your company an offer letter and ask you to sign a statutory declaration that confirms you agree to the standard contract.

To help us to manage cashflow, we will ask you to forecast your claims for the next six months when you submit your invoice.

The Foundation pays the company after the agreed work is done. Usually this is monthly; see schedule B of the Technology for Business Growth contract.

The company completes the standard reporting and invoicing template, attaches copies of invoices over $1000 and sends this to the Foundation for payment.

A final report is completed to release the final 10% of the approved funding. Please advise your business manager when you wish to submit a final report.