Eligibility Criteria: Who is the New to R&D Grant for?
It’s crucial that you read and understand the criteria below before deciding to apply for the New to R&D Grant. Very early in the application process, your company’s eligibility will be assessed and validated and your application will not be considered if you are not eligible.
To apply for a New to R&D Grant, you must meet all of the following criteria:
- Your business must not have received any government funding for R&D greater than $5,000 on or since 1 July 2019 including Callaghan Innovation grants or loan, the Research and Development Tax Incentive, the R&D Loss Tax Credit or any other government funding intended to support R&D.
- Your business must have spent less than $50,000 in total on R&D over the last three years
- You must be able to fund your share of the R&D costs
If you are part of a corporate group containing other R&D performing businesses, you may not be eligible to apply. You will be assessed on whether you have access to the capabilities of those businesses to assist you with your R&D. See our grouping guidance here.
To be eligible, your business must also be one of the following:
- A Company incorporated and registered in New Zealand under the Companies Act 1993 that is not controlled by the government or one or more government agencies; or
- A Limited Partnership registered in New Zealand under the Limited Partnerships Act 2008 that is not controlled by the government or one or more government agencies; or
- A Māori Trust or incorporation under the Te Ture Whenua Māori Act 1993, or a similar organisation managing Māori assets under multiple ownership.
The following businesses are not eligible for the New to R&D Grant:
- Local authorities and Local and Regional Promotional Bodies
- State Owned Enterprises, Crown Entities, Government departments or agencies, Public Finance Act 1989 Schedule 4A companies
- Crown Research Institutes (CRIs)
- Tertiary Education Organisations (TEOs) including foreign-owned TEOs
- Entities controlled by any of the above (control means 50% or more of shares or voting interests in another entity or control of appointments to an entity’s controlling board)
- Sole traders
- Charitable trusts
- Partnerships
- Joint Ventures
- Look through companies
- Companies incorporated in another country but registered to do business in New Zealand(registered under the Overseas Register – ASIC or NON-ASIC)
Updated: 25 January 2023