Investment

What is PreSeed?

The PreSeed Accelerator Fund (PreSeed) is investment provided by the Ministry of Business, Innovation and Employment (MBIE). PreSeed investment provides publicly funded research organisations with funding they can allocate on MBIE’s behalf for early-stage commercialisation of new ideas (so-called ‘devolved funding’). PreSeed funding is intended to stimulate and attract investor interest to publicly funded research and development. PreSeed seeks to:

• maximise the commercial benefits to New Zealand of previously publicly funded research
• raise public sector providers' commercial capabilities and skills
• improve public sector research providers' links with potential private sector partners.

For organisations who hold a contract directly with MBIE for PreSeed funding.

These include UniServices, Otago Innovation, SCION, Massey University and AgResearch.

For organisations that submitted a joint application to MBIE to operate a combined pool of PreSeed funding under KiwiNet.

This includes: AUT Enterprises, Callaghan Innovation, Cawthron Institute, ESR, Landcare Research, Lincoln University, NIWA, Plant & Food Research, University of Canterbury, Viclink, WaikatoLink, GNS Science and Malaghan Institute.

For organisations who currently do not hold a devolved PreSeed allocation, but wish to access the non-devolved allocation available from MBIE