Aerial view of a braided river delta

What we fund

Developed research moving toward production.

Projects past proof of concept, in three fields.

Braided river, South Island

01Readiness

Four things have to be true.

  • The project is in the mature research stage
  • There is a clear, demonstrable proof of concept
  • Some technical validation has been conducted
  • It needs capital for end-stage research and production
Engineer assembling a prototype mechanism
02What we fund

Three fields. Nothing outside them.

Development, production and market readiness in the three fields Wing supports. Projects outside them are not funded, whatever their merit.

Focus 01Primary Health

Diagnostics, devices, treatment and care delivery that improve outcomes at the front line.

Health ethics approval may be required
Focus 02Renewable Energy

Generation, storage and efficiency work that moves New Zealand energy use further from carbon.

Environmental consents may be required
Focus 03Waste Management

Recovery, reuse and minimisation that keeps material, and the value in it, out of landfill.

Feasibility evidence strengthens an application
03Costs

What the loan covers.

Eligible

  • End-stage research
  • Market research
  • Feasibility studies
  • Prototype production and testing
  • Production line setup

Conditional

  • Wages, under fixed-term contracts with defined outcomes
  • Regulatory approvals, where Wing rates the chance of success highly
  • Marketing, once a marketable product is ready

Not funded

  • Overheads and administration
  • Rent
  • Utilities
  • Accounting

See what a rate between 1% and 8% would cost in dollars on the cost illustrator.

Engineer working over technical drawings at a workbench

Evidence

Show the work, not the pitch.

Problem, solution, market, impact, technical evidence, team, budget, milestones and risks. CVs, a business plan and IP status are attached, with a progress report, a project valuation and a clear pathway to completion.

Ready for the next stage?

A few questions. No fee, no commitment.

Proof of concept required3–4 rounds a yearUp to NZD $100,000 a year, in total

Lake Hāwea, Otago