Proposals sought for MBIE Science Fund
Research proposals have opened for the redesigned Ministry of Business, Innovation and Employment (MBIE) Contestable Research Fund.
Science and Innovation Minister Steven Joyce says the National Statement of Science Investment (NSSI), released last month, announced that the contestable fund will be redesigned to be a single, more flexible fund that can respond to emerging research opportunities and priorities.
“The previous six sector-based funds have been replaced with one fund that will be managed as an investment portfolio across social, environmental and economic objectives. About $35 million a year is available for investment in excellent mission-led research that has the potential for long-term impact for New Zealand, in line with the strategic direction set out in the NSSI.”
The changes to the contestable fund reflect the need to target New Zealand’s growing science investment more effectively, and incorporate feedback from the science sector. Funding will be offered through two investment mechanisms: • Research Programmes – This investment mechanism will focus on catalysing and testing innovative research ideas. It is intended to support ambitious, excellent and well- defined research ideas which, collectively, have credible potential to deliver long-term impact for New Zealand in areas of future value, strength or critical need. Smart Ideas – This investment mechanism is intended to catalyse and rapidly test promising, innovative research ideas. It will support the development of excellent, ambitious research with the capacity to deliver significant benefits for New Zealand in areas of future value, strength or critical need. A new Investment Plan signals how, when and why the Government will invest over a three-year horizon.
“The Investment Plan will be updated annually, creating a rolling funding horizon and allowing researchers to better predict upcoming funding opportunities. It aligns with the future direction signalled in the NSSI to ensure investment is targeted in high-impact areas,” says Joyce in a statement. MBIE told Management that businesses were able to apply as long as they had the research capability needed or were in partnership with a research organisation.
• For more information: http://www.mbie.govt.nz/scienceinnovation/investment-funding/currentfunding/science-investment-round