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R&D Student Grants to grow our future innovators

R&D Student Grants to grow our future innovators

Nearly 300 future innovators will get the opportunity to work in some of New Zealand’s top commercial R&D facilities, thanks to new grants allocated today by Science and Innovation Minister Steven Joyce.

$3.5 million worth of R&D Student Grants have been allocated to successful R&D active businesses enabling them to employ students with science, technology, engineering, design, or marketing degrees.

Demand for both the postgraduate and undergraduate internships was high, with interest in the 2013 grants exceeding available places. In total, 220 undergraduate and 71 postgraduate internships have been made available.

“The high level of interest shows the great appetite among New Zealand companies to work with our future innovators, who not only get to gain and develop technical skills in a commercial R&D environment but also greatly benefit the businesses they work for,” Mr Joyce says.

“High calibre proposals were submitted by some of our most innovative high tech companies as well as a great number of ambitious new start-ups who recognise the value of innovation and the need to provide career development opportunities for our future innovators.”

Some of the funded projects include:

- Developing educational and 3D games and e-learning platforms.

- Improving road surfaces through the application of novel materials.

- Developing a pest control toolkit and applying biodegradable plastics to advanced trapping systems.

- Market-driven product development for the health sector.

“These R&D Student Grants will enable a wide range of innovative businesses to hire talented students. This is a win-win result for the students’ career development and the acceleration of the business’ R&D projects,” Mr Joyce says.

ends

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