Entrepreneurial Universities

Entrepreneurial Universities

Last updated 30 October 2017
Last updated 10/30/2017

As part of the Innovative New Zealand package in Budget 2016, the Government has allocated $35 million over four years for the Entrepreneurial Universities initiative.


Who applies: Universities

Agreed through:  Contract (off Plan)

The Entrepreneurial Universities initiative is a competitive fund for co-investment with universities to attract world-leading entrepreneurial academics to New Zealand, leveraging their skills and experience to drive:

  • cutting-edge research to grow New Zealand’s competitive advantage
  • university-led innovation and entrepreneurship in existing and emerging industries
  • commercially-relevant research that fosters industry collaboration and strengthens economic growth, and
  • stronger connections with overseas universities, research institutes and businesses.

The Entrepreneurial Universities initiative complements other initiatives in higher education and research, supporting our universities’ commitment to innovation and enterprise.

The Entrepreneurial Universities Fund is allocated in accordance with the Minister for Tertiary Education, Skills and Employment’s funding mechanism, issued under section 159L of the Education Act 1989. Funding is determined through a contestable process, and allocated and monitored through a funding arrangement with the TEC.

Request for Funding Applications

We allocate funding for the Entrepreneurial Universities initiative through a Request for Funding Applications (RFA) process. 

Applications for the next round ('Round Two') of Entrepreneurial Universities funding is now open. Information on how to apply, including the RFA document, is now available:

Entrepreneurial Universities RFA - Round Two (PDF, 828 Kb)

Entrepreneurial Universities Outcome Assessment Framework (PDF, 719)

Entrepreneurial Universities RFA Application Form (Word, 435 Kb)

Entrepreneurial Universities Financial information template (Excel, 141 Kb)

Application deadline

You must submit your application to us by 12:00pm on Friday, 23 February 2018.

Applications must be submitted to eui@tec.govt.nz.

Find out more

If you have any questions please email eui@tec.govt.nz. For probity reasons all questions must come through this mailbox.

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