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R&D Student Fellowship Grants
Venture Taranaki, in partnership with Callaghan Innovation, is offering support for Taranaki businesses to engage with a Masters or PhD student on a research and development (R&D) project.

Funding is available for businesses to engage with a science, technology, engineering or design student.   The funding is intended to give New Zealand’s future innovators a head start in their careers by developing their technical skills in a commercial research environment. 

This is a fantastic opportunity to connect with our up-and-coming innovators and undertake some valuable R&D.

The student will benefit from real-life experience, while your business will benefit from a fresh thinking, enthusiastic student, who will be under expert University supervision.

The projects can cover research into processes, efficiencies or new product/service ideas, through to helping you solve problems that either you or your industry are facing.

The R&D Student Grant will cover the student stipend, University fees and supervision, as well as travel allowances.  Applications are assessed on set criteria and dependent on available funds. 
 
MASTERS STUDENT
You can contract a Masters student to work on an R&D project full-time for one year.  The student will spend 50% of their time in your business and the other 50% at the University.  You will own the resulting intellectual property and confidentiality will be maintained.  
  • Time: 1 year full-time
  • Grant: $25,000 (exc GST)

PhD STUDENT
You can contract a Doctorate or PhD student to work on an R&D project full-time for three years.  The student will spend 50% of their time in your business and the other 50% at the University, and will be supervised by a number of University experts.  You will own the resulting intellectual property and confidentiality will be maintained.  
  • Time: 3 years full-time
  • Grant: $90,000 (exc GST)

This is your opportunity to get a student to work on a project that you’ve been struggling to get started.

If you feel that you have an eligible R&D project suitable for a PhD or Masters student, then please contact Venture Taranaki's Rachael Berndt on 06 757 6052 or email R&D@venture.org.nz.
 
 
   
 










 
     
 
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