NEXT FUNDING ROUND CLOSES FRIDAY 3rd JULY 2015
Further information on our usual process is provided below. SIL is currently accepting new funding proposals for seafood research projects. The combined RFP application/guidelines document (in MS Word format) has been updated and reviewed and is available from the link below. Please use this new form to commence any new research funding application.
Contact SIL if you require further information.
What Might SIL Fund?
Potentially we will support any new research that promises to improve the seafood value chain. Seafood Innovations Ltd (SIL) was set up to assist seafood industry stakeholders to undertake exciting new research and development projects that will add value to your business and to the industry as a whole.
SIL aims to underpin growth of the New Zealand seafood export industry by helping companies to optimise returns on the current seafood harvest through developing innovative, value-added seafood and marine products that utilise, and extract optimum value from, every part of the fish.
In line with SIL’s business mission, assistance is aimed at:
- increasing the value of existing harvests; or
- reducing harvesting and processing costs; or
- enhancing consumer-driven product attributes.
We expect to see a significant element of novelty and technical/scientific risk in the research – with outcomes that provide the potential for a significant step forward for the industry. We do not fund “business as usual” projects or compliance issues such as resource consents or management plans. We usually expect to see a partnership between a research provider and one or more industry stakeholder companies.
In order to pitch your project at the right level, we suggest project budgets in the range $50,000 to $500,000 per annum – although projects outside this range may also be considered.
All research projects must have one or more project sponsors who contribute a minimum of 50% of the total project budget (excluding administration fee – refer below). SIL will contribute up to 50% of the actual project budget. Of the funding provided by the project sponsor(s), at least half must come from seafood industry commercial stakeholders, but may also include individuals or organisations deemed by the SIL Board to be an industry participant. IP ownership amongst the parties is determined according to this funding split.
In addition to this, project sponsors must pay an administration fee to SIL. This fee is currently set at 6.5% of the total project budget (this fee does not contribute to IP ownership). It should be noted that, as part of the SIL agreement with the Ministry of Business, Innovation and Employment, sponsor contributions to the project costs must be as cash input. In-kind contributions are not eligible for matching funding.
The Application Process
Proposals should be submitted using the RFP application/guidelines form:
Proposals are considered by SIL’s Research Advisory Committee – an expert panel set up to provide recommendations on funding to the SIL Board. The Panel assesses each proposal using the following Project Assessment Guide:
Applicants are encouraged to use this guide (revised May 2013) to assist them in preparing their research project proposals. Please make evidential statements as to why your proposal satisfies the various assessment criteria; rather than simply asserting that it does qualify.
Applicants will be advised of the outcome within a week of the Board making its decisions.
Confidentiality is very important to SIL – Board members, Research Advisory Committee members and staff are all covered by appropriate confidentiality agreements. All R&D proposals are confidential and remain the property of the submitters until the contents become part of a research contract.
If you need assistance or wish to discuss a potential proposal contact the Projects Manager, John Gibson. We are here to help applicants present their case for project funding in the most fruitful way.
In preparing a proposal, you may find it useful to complete the SIL Contract Tables, as this level of detail will eventually be required if your proposal is approved for funding. Applicants for larger projects should complete these tables as part of their proposal. These tables were revised in May 2013 and versions prior to May 2013 are no longer current.
Reporting Standards for SIL Funded Projects
All projects funded by SIL are required to provide progress reports acording to the following standard.
SIL reserves the right to modify these standards.