Grow Wellington is the Regional Technology Partner for TechNZ - the Foundation for Research, Science and Technology’s business investment programme.

TechNZ is focused on growing world class New Zealand companies through innovative technology.

The Foundation is looking to invest $40 million per annum on a 50/50 basis across a range of companies, from early stage to mature companies and in four priority sectors: biotech, food and beverage, specialised manufacturing and ICT (in particular specialised electronics). Investments outside of these areas are on a discretionary basis.

Applications follow a straightforward process: following discussion with Grow Wellington, applicants complete an application form, the application is reviewed, if successful contracts completed and the project can commence. The Foundation makes payment once the work is complete and a project report is issued. Typical timeframes for approval can range from four weeks to two months depending on the size and the complexity of the project.

For more information please see www.technz.co.nz or to start the application process please contact Darren Ross.