
Add a PhD or masters graduate to your R&D team to stimulate innovation.
Grants criteria and application process
Applications are currently closed for our grant products and are expected to reopen in the new financial year after 1 July 2022.
How can the grant help me?
The R&D Career Grant is an internship designed to bridge the first six months of employment-gaining work experience for recent PhD or masters graduate students.
The student is expected to support your business in solving an R&D problem faced in the development of a new product, process or service.
How does it work?
Your business will receive the first six months of the student’s annual salary costs up to:
- $30,000 (plus GST) for a masters graduate (based on annual salary of $60,000)
- $35,000 (plus GST) for a PhD graduate (based on an annual salary of $70,000)
Businesses can apply for an R&D Career Grant as soon as they identify a suitable student.
Who can apply?
For businesses
To apply for an R&D Career Grant, your business must be one of the following:
- Incorporated in New Zealand and registered under the Companies Act 1993.
- A New Zealand registered Limited Partnership.
- 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:
- Have an active R&D programme i.e. a R&D budget and R&D staff
- Not have another active Career or Fellowship student grant in place. In other words, if you have a student on board now, funded by either a Fellowship or Career Grant, you can’t apply for another of either. However, if that student grant finishes, then you are able to join the waitlist to apply. Note: This does not relate to Student Experience Grants as we have completed the application and approval round for this financial year. Those with current or upcoming Student Experience Grants can still join the waitlist to apply for Fellowship or Career Grants.
- Meet financial due diligence requirements.
For students
To be eligible for an R&D Career Grant internship, students must:
- Be about to complete, or have recently completed, a masters or PhD degree in science, technology, engineering, design or business ie have submitted a thesis for marking (or completed course requirement for taught masters) less than 12 months ago
- Have undertaken the study at a New Zealand tertiary institution if you are not a New Zealand citizen
- Be legally permitted to work in New Zealand
- Not have been employed in the industry under a professional arrangement related to your area of study except temporary, part-time or at a tertiary organisation
- Not have been previously employed at the business – unless this was short-term employment (eg over the summer break).
For businesses
Talk to us and we’ll help you through the process. Phone Callaghan Innovation on 0800 4 CALLAGHAN (0800 422 552).
For students
Businesses will be looking for students all year round. Students can find interested businesses through:
- Talking to your tertiary school head of department or head of graduate studies
- University jobs boards
- The University of Waikato Research Units
- AUT interNZ
- University of Auckland's MyCDES Job board
- Job advertising sites such as Seek and Trade Me
- Internship facilitators such as Summer of Tech
- Encouraging businesses that you want to work for to apply for a grant
Career Grant guides
Career Grant - Application Guidelines and Template
Career Grant - Funding Agreement
Career Grant - Information for Students
Further information
Answers to frequently asked questions about Career Grants can be found at Student Grant FAQs.
We have found the R&D Career Grant a great way to find specialist advanced skills that increase our capability in strategically important areas.
Barbara Webster, GM Business Development & Innovation - Scott Technology
Updated: 8 April 2022