Callaghan Innovation R&D Grants: Who Qualifies and What You Get

This scheme provides financial support to help businesses fund the research and development of new products or technologies.

👤Who it's for

This support is specifically designed for businesses that are working on the cutting edge of their industry. To qualify, your business must be actively engaged in developing entirely new food products or creating new technological solutions. It is intended for those moving beyond standard business activities into genuine innovation.

🎁What you get

If your project is approved, you can receive co-funding to help offset the costs of your research and development. This financial assistance is designed to help share the cost of the innovation process, making it more manageable for businesses to invest in complex new ideas and technical advancements.

💰What it costs you

While the funding provides financial relief, it is not a simple cash injection. You must be prepared for a rigorous application process to prove your project meets the criteria. Once you receive support, you will also need to commit to a formal reporting process to provide updates on your progress and how the funds are being used.

⚠️The catch to know

A common mistake is assuming that standard business operations qualify for this support. For example, if you run a cafe, you cannot apply for these grants simply to fund your daily business activities. The work must involve true research and development rather than the routine tasks required to operate an established business.

📝How to apply

1. Assess your current project to ensure it meets the requirements for food or technology innovation.
2. Gather the necessary documentation required for the formal application process.
3. Navigate to the official portal to submit your request for support.
4. Follow the guidance provided by the issuing body throughout the assessment and reporting stages.

https://www.callaghaninnovation.govt.nz