Agribusiness Innovation Grant - Inquiry more than $20,000

Agricultural and Marketing Research and Development Trust (AGMARDT)


Grant amount: NZ $20,000 - NZ $200,000

Next anticipated deadline: Oct 3, 2018 (Letter of inquiry)

Later anticipated deadlines: Nov 21, 2018 (Letter of inquiry)

Applicant type: Individuals Organizations

Funding uses: Research

Location of project: New Zealand

Location of residency: New Zealand

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Overview:

The objective of this programme is to encourage and support industry sectors and businesses to develop and implement innovative solutions to assist with transformational change within agribusiness value chains, with particular focus on the agricultural, horticultural and forestry sectors.

AGMARDT Agribusiness Innovation Grants provide an opportunity for applicants to:

  • Pursue ‘on the edge’ ideas that can transform a business or industry
  • Speed up innovation and respond quickly to opportunities that are driven by new ideas or insight arising from the marketplace
  • Facilitate linkages between innovative New Zealand researchers, producers, processors and marketers
  • Gain a better understanding of world class best practices

For projects with a total cost exceeding $20,000, AGMARDT has available grants of up to $200,000 (incl. GST). These are available for businesses, researchers and industry groups to develop and evaluate innovative ideas to a stage where they can attract other funding for further development through commercialisation.

AGMARDT funds New Zealand based research providers to undertake new and innovative projects that will benefit the New Zealand agribusiness sector. 

The applicant/group will provide a minimum cash or co-funded contribution of at least 40% of the total project costs. This is an indication of commitment to the project. The Trustees reserve the right to allocate a smaller amount than originally requested by the applicant. Co-funding from another source(s), must to be clearly disclosed by the applicant during the application process, and/or during the life of the project.

You can learn more about this opportunity by visiting the funder's website.

Eligibility:

  • To be eligible for funding, applicants must:
    • Be involved in agribusiness and/or be a research/technology provider and involved in the New Zealand agricultural, horticultural and forestry sectors
    • clearly demonstrate that the project innovation/idea can transform a business or industry
    • identify how AGMARDT funding can assist in speeding up innovation to respond quickly to opportunities arising from the marketplace
    • identify what difference AGMARDT’s funding can make to the project (i.e. likelihood of the project proceeding or proceeding more quickly)
    • build linkages and capability between innovative New Zealand researchers, producers, processors and marketers; and
    • be committed to, where possible, retaining the value and benefits arising from the project within New Zealand. 

Ineligibility:

  • Some activities are not funded by this programme. The following list is a guide to the types of project related activities or costs the programme does not cover. The Trustees have the right to exclude other costs if they believe appropriate. The programme does not cover costs relating to:
    • 'business as usual' expenses, including:
      • overheads incurred in the course of normal business/industry
      • activities that are already happening in business/industry
      • capital expenditure, such as spending on machinery, equipment, stock, software, and so on
    • expenses the business/industry would incur anyway if you did not get funding under this programme
    • Costs that are not in cash, including:
      •  contra, transfer, and internal invoices and payments
      •  barter or in kind payments
    • Work supplied by anyone with a personal or financial interest in the entity and/or group, such as any immediate family of the applicant or shareholders of the applicant company, unless otherwise agreed by the Trustees. Duplication of funding assistance, or potentially supported by other agencies (e.g. MAF SFF), unless expressly agreed to by the Trustees.
    • Entertainment or personal costs that are not directly related to the project.
    • Costs the business/industry incurred before or after the project has ended.
    • Web based product/services are regarded as capital expenditure.
    • Duplication of work proposed in the project (i.e. the same project has recently been completed by the applicant group or another party).