New Zealand has a thriving SME ecosystem which is supported by various sources of funding, grants and tax incentives for intellectual property (IP) and other intangible assets and research and development (R&D).
Navigating the landscape of available support can be challenging, so we have summarised a list of key sources below (last updated October 2022).
The Government recognises that IP plays an important role in protecting intangible assets and therefore driving innovation in New Zealand. The Ministry of Business, Innovation and Employment (MBIE) have summarised funding information and opportunities available to New Zealand businesses on their website here.
IP funding
There are several IP programmes available to SMEs in New Zealand that you might be eligible for. Here is a summary that you might find useful:
- Beyond IP to develop and implement an intangible asset strategy (40% contribution for up to $25,000 spend) from Callaghan Innovation
- Getting Started Grant including patent FTO searches (40% contribution for up to $12,500 spend) from Callaghan Innovation)
- Capability Voucher (50%) from NZTE
- Mentoring (Regional)
Each programme has its own eligibility criteria. If you are interested in funding, you will need to contact the relevant provider.
Venture raising
We work with many VC, Angel and other organisations that help to get the financial backing for brave founders to get their idea off the ground. Please contact us to let us help you find the right organisation to approach.
R&D funding
Some common R&D funding sources are outlined below:
- R&D Project grants (40%) through Callaghan Innovation – currently paused
- R&D loss tax credit (28%) through IRD
- R&D tax incentive (15%) through IRD
- Endeavor Fund
- Catalyst Fund
- PreSeed Accelerator Fund
- Māori Business Growth Support
- Māori Innovation Fund
- Provincial Growth Fund
Getting started
Get in touch to discuss what IP services you require, and what funding you may be able to pursue.