If eligible, your business will receive funding of $10,400 (plus GST) for 400 hours of full-time work upon proof of your payment to the student who is helping with the extension of your R&D activity.
R&D Experience Grants are currently closed. They are expected to re-open August 2024.
Eligibility criteria
For businesses
To apply for an R&D Experience Grant, your business must be one of the following:
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Registered under the Companies Act.
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Registered under the Limited Partnerships Act.
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A Māori incorporation or trust established under the Te Ture Whenua Māori Act, a trust set up to manage assets as part of a Treaty of Waitangi settlement, a Māori statutory body, or a business controlled by one or more of these entities.
To qualify, your business must also:
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Have an active R&D programme i.e. a R&D budget and R&D staff
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Meet financial due diligence requirements.
For students
To be eligible for an R&D Experience Grant internship, students must:
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Be studying, or have recently completed, an undergraduate or postgraduate degree or qualification at NZQA level 6-10. If the study has been completed, the closing date of your final semester should be less than 12 months ago.
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Be studying science, technology, engineering, design or business at a New Zealand tertiary education institute.
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Be legally permitted to work in New Zealand.
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Not have been previously employed at the business unless part-time or temporary ( (temporary short-term employment is permitted).
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Not have undertaken more than two Experience Grant internships with the same business.
For more information, please contact: