Research and Development

Research and Development

Venture Taranaki partners with central government sources and private investors in supporting innovative New Zealand businesses, to co-fund and improve R&D activity in Taranaki.

We currently offer access to a range of grants for eligible R&D activities that meet qualifying criteria. Your R&D project can cover a new and novel product or service development, investigate process improvements, solve problems in an innovative manner or undertake a technical feasibility study.

Whatever your innovation challenge, a Venture Taranaki Business Advisor can point you in the right direction, get in touch as early in your journey as possible.

An example of the available grants is the ' New to R&D Grant' aimed at supporting improvements in R&D knowledge and skills for those building an in-house R&D capability. There is 40% co-funding for R&D activities that is provided in conjunction with capability development support to increase your R&D effectiveness. The grant can be active for up to two years and support a total spend on eligible work up to $1m. There are some stringent eligibility criteria so contact Venture Taranaki to find out the details.

The Taranaki Applied Innovation Centre is designed to connect, enable, develop, and accelerate the science and technology sector in Taranaki through the establishment of a dedicated science hub. This strategic project was initially led by Venture Taranaki, and has now transitioned to a private entity.

Our Enterprise Advisers are available to talk through your business aspirations and connect you with the resources you need. If you would like someone to contact you, please fill in this enquiry form.

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