Research and Development

New to a R&D grant?

Funding​ 

40% of the cost of your proposed R&D activities and chosen Capability Development activities, up to a maximum of $400,000.​ 

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Capability Development​ 

As part of the funding agreement, you will be required to conduct activities from at least two different Capability Development categories, inclufing​ 

1. Customer Input into R&D​ 
2. Intellectual Property Capability​ 
3. Regulatory & Compliance Capability​ 
4. Lean R&D Best Practice​ 
5. Project Management Capability​ 
6. R&D Information Management Capability​ 
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Eligibility Criteria​ 

• Your business must not have received any government funding for R&D greater than $5,000 in the three years prior to the date of submission of your application​ 
• Your business must have spent less than $50,000 in total on R&D over the three years prior to the date of submission of your application​ 

You must be able to fund your share of the R&D cost​. 

The Career Grant

Funding 

Eligible businesses will receive the first six months of the student’s annual salary costs for a full time position up to:​ 

$30,000 (plus GST) for a masters graduate (based on annual salary of $60,000).​ 

$35,000 (plus GST) for a PhD graduate (based on an annual salary of $70,000). 

Business Eligibility 

• Have an active R&D programme within your business i.e. R&D budget and technical R&D staff. 
• Meet financial due diligence requirements. 
• Employ the student in a full time position - the student cannot be a contractor, they must be on the payroll. 

Student Eligibility 

• Is about to complete, or has recently completed, a masters or PhD degree in science, technology, engineering, design or business (i.e. has submitted a thesis for marking, or completed course requirement for taught masters, less than 12 months ago). 
• Has undertaken the study at a New Zealand tertiary institution if they are not a New Zealand citizen. 
• Is legally permitted to work in New Zealand. 
• Has not been employed in the industry under a professional arrangement related to their area of study except temporary, part-time or at a tertiary organisation. 
• Has not been previously employed at the business unless this was short-term employment (e.g. over the summer break). 

Contact Callaghan Innovation for more information.