Endeavour Fund

The Endeavour Fund plays a unique role in the science system through an open, contestable process with a focus on both research excellence and a broad range of impacts.

The Fund encourages researchers to consider a diverse range of ideas and conduct excellent research. It will provide the highest potential impacts across a range of economic, environmental, and societal objectives, and give effect to the Vision Mātauranga policy.

The funding available

Endeavour funding is available through 2 mechanisms:

  • Smart Ideas
  • Research Programmes

Call for Proposals are published annually.

Smart Ideas

This investment mechanism catalyses and rapidly tests promising, innovative research ideas with high potential for benefit to New Zealand, to enable refresh and diversity in the science portfolio. Applicants can request between $0.4 million to $1 million, for a term of 2 or 3 years.

The indicative investment for Smart Ideas in the 2025 investment round is $17 million per year.

Smart Ideas cap

The Smart Ideas 2025 investment round has a cap or maximum number of applications an organisation can register and submit.

See the list below to find out how many applications your organisation can register and submit. If your organisation is not listed, you can register and submit 1 application.

Organisation Registrations and applications cap per organisation
AgResearch Limited 3
Auckland University of Technology 3
Barenburg New Zealand Limited 2
Blue Carbon Services Limited 2
Bodeker Scientific Limited 2
Climate Prescience Limited 2
Institute of Geological and Nuclear Sciences Limited 3
Landcare Research New Zealand Limited 3
Lincoln Agritech Limited 2
Lincoln University 2
Massey University 8
National Institute of Water and Atmospheric Research Limited 11
New Zealand Forest Research Institute Limited 2
New Zealand Leather and Shoe Research Association Inc 2
Stoneleigh Consulting Limited 2
Te Pou Tiringa Incorporated 2
Te Reo Irirangi o Te Hiku o Te Ika trading as Te Hiku Media 2
The Cawthron Institute Trust Board 3
The New Zealand Institute for Plant and Food Research Limited 10
The Research Trust of Victoria University of Wellington 11
University of Auckland 23
University of Canterbury 14
University of Otago 15
University of Waikato 10
X-craft Enterprises Limited 2
All other organisations not listed above 1

Research Programmes

This investment mechanism is intended to support ambitious, excellent, and well-defined research ideas which, collectively, have credible and high potential to positively transform New Zealand’s future in areas of future value, growth, or critical need. Applicants can request $0.5 million or more per year, for a term of 3, 4 or 5 years.

The indicative investment for Research Programmes in the 2025 investment round is $38 million per year.

More information

More information on the policy objectives, investment signals, funding targets, eligibility criteria, and the assessment criteria, can be found in the Endeavour Fund Investment Plan 2025-2027 and the Endeavour Fund 2025 Investment Round Gazette Notice.

The 2025 call for proposals for both Smart Ideas and Research Programmes investment rounds will be published later this year.

Vision Mātauranga policy [PDF, 418 KB] 

Endeavour Fund Investment Plan 2025-2027

Endeavour Fund 2025 Investment Round Gazette Notice(external link) — New Zealand Gazette

2025 investment round – summary of changes 

This recording introduces the main changes to the Endeavour Fund 2025 investment round for Smart Ideas and Research Programmes. The changes are based on the 2025 Gazette Notice and the Investment Plan 2025-2027. 

Watch the presentation below, or download a copy of of the presentation here:

Endeavour Fund 2025 webinar presentation [PPTX, 540 KB]

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Who can apply

Proposals need to meet the eligibility criteria set out in the Gazette Notice.

Endeavour Fund 2025 Investment Round Gazette Notice(external link) — New Zealand Gazette

Investment decisions

The Science Board makes its investment decisions in accordance with the Gazette Notice.

The Science Board’s funding decisions are informed by the reviews of independent assessors.

When making its investment decisions, the Science Board may decide to invest less than the total amounts indicated and may move funds between the investment mechanisms.

Contact us

For more information, email: 

endeavour@mbie.govt.nz  

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Last updated: 30 August 2024