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Applications to Smart Ideas funding scheme capped

Image: Andrzej Rostek, via Getty Images

New Zealand government limits number of applications to Endeavour Fund scheme and cuts total funding

New Zealand’s flagship Endeavour Fund will impose application caps on research organisations for its 2025 funding round, and has cut its total planned spending.

On 2 July, the Ministry of Business, Innovation and Employment (MBIE) published its 2025-27 investment plan and new rules for the Endeavour Fund’s Smart Ideas scheme, which supports the rapid testing of promising and innovative research.

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