|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.
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)
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.