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Financial help for innovation and sustainability projects




In our last newsletter we shared with you some tips on how to go about preparing a good funding application. Armed with this information you may be keen to try your hand. Below we list some grant schemes you might like to check out.

Callaghan Innovation Grants

Getting Started Grant

For businesses in the early stages of, or new to, R&D. A Getting Started Grant will give you a kick-start to help you take your product, process or service solution from development through to commercialisation.

This grant provides 40% of your eligible R&D project costs, up to $5,000.

Project Grant

For businesses wanting to take on larger or more challenging R&D.

This grant provides up to 40% of your eligible R&D project costs.

Growth Grant

For R&D active businesses that have spent at least $300,000 per annum and 1.5% of revenue on eligible R&D in each of the last two years. This three-year grant will help you increase your R&D investment.

Funding is over three years. Eligible businesses receive 20% of your R&D expenditure, up to $5 million per annum.

R&D Experience Grant

An internship designed to cover the costs of employing a student to undertake a discrete R&D project over the summer student break.

Eligible businesses will receive funding of $7,200 (plus GST) for 400 hours of work.

For more information visit http://www.callaghaninnovation.govt.nz/.

Sustainable Farming Fund

The SFF funds 'communities of interest' to do applied research and extension projects that tackle a shared problem or develop a new opportunity.

Applicants can apply for up to $200,000 a year for a maximum of three years. The maximum total grant available is $600,000. Projects require a non-government funding contribution of at least 20%.

The current funding round for SFF closes 8th September, with concept documents due in by 18th August.

AGMARDT

In-Market Grant

This grant is designed to support businesses and industry groups to gain a deeper understanding of their markets and identify and exploit potential opportunities. Specifically, the grant aims to help you:

  • gain greater knowledge and understanding of the marketplace
  • develop deeper relationships with your customers
  • successfully integrate into key markets
  • undertake market research and development
  • enable employees to gain international experience in the market place at an early stage in their careers.

Funding is available for up to $400,000 (inclusive of GST). There is a requirement that successful applicants will provide matching cash funding on a dollar-for-dollar basis.

Agribusiness Innovation Grants

Agribusiness Innovation Grants encourage and support industry sectors and businesses to develop and implement innovative solutions to assist with transformational change within agribusiness value chains. Specifically, the grant aims to help businesses:

  • pursue 'on the edge' ideas that can transform a business or industry
  • gain a better understanding of world class best practices
  • speed up innovation and respond quickly to opportunities that are driven by new ideas or insight arising from the marketplace
  • facilitate linkages between innovative New Zealand researchers, producers, processors and marketers.

Grants of up to $200,000 (inc. GST) are available. Dollar-for-dollar co-funding is required. Seed funding grants of up to $20,000 (inc. GST) are also available, without a need for co-funding, for preliminary investigation or demonstration purposes.

Visit http://agmardt.org.nz/ for more information.

If you are interested in any of the above funding programmes, or would like help with an application, please contact Wymond or Jane.

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