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Technology Transfer Voucher - applications now open

New funding to access high-quality science and research expertise to realise innovative ideas is now within reach for more Kiwi businesses.

Vouchers will be awarded to businesses with limited or no in-house research and development (R&D) capability, and with well-defined problems or ideas that will benefit from the R&D expertise and services in a research organisation.

The programme is run by the Foundation for Research, Science and Technology’s TechNZ business investment programme and will provide a business with 50 per cent funding to work with an accredited R&D partner. Businesses are required to pay the other half.

Vouchers will be awarded through an on demand process – so it’s first in, first served for businesses which meet the eligibility criteria and fit the objectives of the programme.

The Technology Transfer Voucher is additional to $70 million of R&D funding already available to business in 2010/2011 through TechNZ.

To apply for a Technology Transfer Voucher, go to www.technzvoucher.co.nz

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