STUDENT GRANTS
STUDENT GRANTS
Callaghan Innovation Student R&D Grants
The eligible expenditure funded under the different student grants is normally limited to the wages and salary of the student, a tax-free stipend for the student, a tertiary administration fee and, when the business is located a significant distance from the tertiary institute, a travel allowance for the student. Callaghan Innovation must assess proposals against the following key criteria questions: Key Criteria One: How will the involvement of the student within the business expose them to technical work that is relevant to their degree? This should be in the form of a defined R&D project. Key Criteria Two: Does the business have a credible plan for the professional development of the student, and what resources have the business committed towards this? Key Criteria Three: How will the involvement of the student within the business support the business' internal capability development?
Undergraduate Internships - R&D Experience Grants
Undergraduate Internships are now known as R&D Experience Grants. Callaghan Innovation offer R&D Experience Grants to encourage innovative companies to employ senior science, technology, engineering or design undergraduate students for a research and development project. The funding is made available to businesses with an active research and development programme as evidenced the value of their R&D spend. Applicants can advertise for a student on the NZUniCareerhub website.
Callaghan Innovation advise that applications for 2021/2022 R&D Experience grants are likely to be oversubscribed.1 September, 2021.
Callaghan Innovation advise that applications for 2021/2022 R&D Experience grants are likely to be oversubscribed.1 September, 2021.
Post Graduate Internships - R&D Career Grants
Postgraduate Internships are now known as R&D Career Grants. The funding provides support for companies to employ a recent Masters or PhD postgraduate from a New Zealand university. The Grant is "designed to bridge the first six months of employment - gaining work experience and could be a precursor to permanent employment". The funding is made available to businesses with an active research and development programme, as evidenced by the number of R&D employees and the value of their R&D spend. Applicant businesses must be able to offer an intern a challenging research and development project to develop a new product, process or service. The business must have the ability to mentor the intern to ensure they get maximum exposure to the research and business environment. Based upon an agreed maximum annual salary Callaghan Innovation will provide companies with 50% to cover the salary of the postgraduate for the first six months. R&D Career Grants are now available on-demand and can be applied for at any time. For guidance and advice on applying for this grant, contact us.
Eligibility Criteria
To be eligible for Callaghan Innovation R&D funding the business must be registered under the Companies Act 1993, or a Limited Partnership under the Limited Partnership Act 2008. The application procedures differ between the different student grant schemes described here. Applicants may be required to provide company financial records, including summary accounts or full financial statements, as a condition of the grant application. Applied Support Services can assist you prepare and submit your student grant application.
Recruiting Undergraduate and Postgraduate Students
Companies can recruit undergraduates and graduates through agencies such as Student Job Search and NZUniCareerHub. Student Job Search is a free service to employers. NZUniCareerHub is also free to recruiters advertising internships and scholarships. NZUniCareerHub reaches students from seven New Zealand Universities.
Scholarships, Grants and Awards
Scholarships, grants and awards are available to help students fund their tertiary education. To learn about the different criteria for tertiary scholarships, grants and awards visit the government's careers webpage.
Descriptions of the undergraduate and postgraduate student grants are summarised from information sourced from agencies including NZUniCareerHub and Callaghan Innovation.
