All posts by Simon

PowerShield Celebrates with Callaghan Innovation

By | R&D grants, Technology grants | No Comments

Callaghan Innovation Chief Executive Dr Mary Quin officially opened the new PowerShield factory in Albany.

"R&D grants"

PowerShield is an Auckland-based specialist battery monitoring company and has formed a joint venture with an experienced local manufacturer rather than moving its production offshore.

The new manufacturing company, PowerShield Solutions, draws on the expertise of its Managing Director David Todd.

Mr Todd said the goal of PowerShield Solutions was pretty simple.

“We want to make quality product, we want to be internationally competitive and we want to be profitable.”

Dr Quin said it was an honour to be invited to celebrate today’s opening and very exciting for Callaghan Innovation.

“We exist to help high value manufacturing companies to grow bigger, faster.  The opening of a new manufacturing site is a testament to the success and growth of PowerShield,” said Dr Quin.

“We consider today to be a great success in terms of Callaghan Innovation and New Zealand Trade and Enterprise mission.”

PowerShield Chief Executive Len Thomas said he was delighted that both Dr Quin and NZTE Customer Director Sanchia Yonge could officiate at the ceremony as both organisations have supported the company’s development programmes.

“In 2013 we received an NZTE International Growth Fund grant which helped us to set up our UK Office,” said Mr Thomas.

“We were fortunate to receive a Callaghan grant in 2005 to help to fund the development of a smart sensor which became a critical component in our stand-by battery monitoring solution.  That innovation was the catalyst for PowerShield to achieve international sales growth of 25% p.a. for four successive years.”

Mr Thomas said the company was half-way through a programme to develop new products that will keep PowerShield at the forefront of battery monitoring technology.  The programme is partly funded by a second Callaghan Innovation grant awarded in 2014.

By keeping its manufacturing onshore the company expects to achieve savings of around 15 to 20 percent on its previous contract manufacturing bill.

PowerShield stand-by battery monitoring solutions are used around the world by customers such as NASA, Bank of America, Bloomberg, Sainsbury, Microsoft and Huawei, and locally by Meridian, Genesis Energy, Watercare, the Department of Internal Affairs, and SkyCity’s casinos.

Simon Lempriere from Dynamic Resources was instrumental in PowerShield receiving their Callaghan R&D grant.

If you would like us to help you access the Callaghan Innovation grants schemes, give Simon a call on 09 236 0082 or drop us a line from the Get in Touch page

R&D Career Grant Changes

By | R&D grants | No Comments

alt="R&DGrants"Callaghan Innovation has made changes to the R&D Career Grant to make it easier to match recent graduates with suitable businesses

The grants, available for recent graduates with a masters or PhD in science, technology, engineering, design, or business are now available on demand.

Add a PhD or Masters graduate to your R&D team to stimulate innovation.  If you are looking for funding for this then first identify a student you want to engage and then apply to Callaghan Innovation.

To find out more, see R&D Career Grants

New Growth Grants to Boost R&D in NZ

By | R&D grants, Uncategorized | No Comments

Research and Development (R&D) Growth Grants expected to be worth more than $41m over three years have been approved for 23 high tech companies.

Growth

Research and Development (R&D) Growth Grants expected to be worth more than $41m over three years have been approved for 23 high tech companies by Callaghan Innovation, Science and Innovation Minister Steven Joyce announced today.

“These are innovative companies producing world-leading, high-value products and high-quality jobs for New Zealanders. They are all proven businesses that have committed to investing in R&D in this country,” Mr Joyce says.

Read More

Why Companies Get the Consultants They Deserve

By | Uncategorized | No Comments

David Fields knows what kind of consulting gigs he hates the most: those where an outside expert is bought in for political cover – to cement a leader’s preferred strategy, or to justify layoffs.

m_consultant

“Cowardice isn’t a good leadership strategy,” the managing director of Ascendant Consortium tells LeadingCompany from his home in Connecticut, USA. Read More

In-House Developer Outsources Job, Surfs the Net Instead

By | Hi-tech developments | 3 Comments

In the process of conducting a security check on the systems of an American company, Verizon found a software developer who had outsourced his job to China, leaving him free to surf the internet all day.

The developer (Verizon called him ‘Bob‘) sent one fifth of his six-figure salary to a company in Shenyang to do all his work for him. He had, months earlier, sent his security token to China, allowing a third-party contractor to log in under his credentials during the day. He came in from nine to five every day.

Bob, described by Verizon’s Andrew Valentine as an “a family man, inoffensive but quiet”, gained a reputation as a top programmer, skilled in multiple languages.

“Investigators had the opportunity to read through his performance reviews,” Valentine wrote. “For the last several years in a row he received excellent remarks. His code was clean, well-written, and submitted in a timely fashion. Quarter after quarter, his performance review noted him as the best developer in the building.”

Bob told Verizon his typical workday consisted of surfing Reddit and watching cat videos on YouTube from 9am to 11.30am, then taking an hour and a half for lunch, followed by an hour on eBay, two and a half hours of social networking, before an end of the day update to management detailing his accomplishments for the day.

All good things must come to an end: Bob isn’t working at the firm anymore.

 Ref: Security Blog, Verizon RISK Team.  Myriam Robin, Leading Company

Myriam Robin

Funding opportunity: Int’l Relationships Funding

By | Government grants | One Comment

The International Relationships Fund (IRF) is now open for applications and the Request for Proposals (RfP) document has been published online.

The IRF supports activities that foster New Zealand’s international scientific contacts and research collaboration. This particular RfP is for funding relating to the Japan Society for the Promotion of Science (JSPS) Fifth Hope Meeting to be held in Japan February 26 – 2 March 2013.

The Ministry of Business, Innovation and Employment (MBIE) will offer up to six grants of $2,500 (GST exclusive) to enable researchers to travel to Japan to take part in the Fifth Hope Meeting.

The closing date for proposals is 12 noon, 5 October 2012.

If you have a query about any of the MSI grants, give us a call on 09 236 0082 or email Simon at simon@dynamicresources.co.nz and we can help you through the process and answer any questions you have.

2012 Technology Development Grant is Now Open

By | R&D grants | No Comments

The Technology Development Grant for 2012 is now open for applications.

There is $45 million of R&D funding is available over three years through a competitive process.

Technology Development Grants support businesses with a good track record in R&D that spend a significant proportion of their revenue on research.

The Grant reimburses 20% of eligible R&D expenditure on a business’s R&D programme, up to $2.4 million (excl. GST) a year.

Read Request for proposals – Technology Development Grant 2012  to get an understanding of what MSI are looking for, and how they will judge applications.

Is  your business eligible?

  • You must have an average annual R&D intensity (eligible R&D expenditure divided by revenue) of at least three per cent over the past three years.
  • You must have average annual operating revenues of at least $3m over the past three years.
  • You must be a person or entity that is ‘in business’ and resident in New Zealand, and must not be an entity established under the Education Act 1989, Crown Research Institutes Act 1992, Local Government Act 2002 or the New Zealand Public Health and Disability Act 2000, or be or an entity that is 50 per cent or more owned by one or more of those types of entities.
  • Businesses that successfully applied for the TDG in 2010 or 2011 are not able to apply for the 2012 investment round.

Applications close noon 14 September 2012

So you will have to be quick!  Give us a call on 09 236 0082 or email Simon Lempriere at simon@dynamicresources.co.nz and we can help you through the process and answer any questions you have.

Tax-related queries

Tax-related queries about the Technology Development Grant should be directed to Inland Revenue.

For information on relevant tax changes for the Technology Development Grant, please read the Tax Information Bulletin [PDF; 767kb] on the Inland Revenue website. The relevant section can be found at page 84, under the heading ‘Consequential R&D changes’.

Protect your invention

By | Hi-tech developments | No Comments

Protection of an invention

The core of an invention may be protected in primarily one of two ways; registration of a patent or through confidentiality. These two methods are the antithesis of each other. The patent process involves disclosing the invention to the world (via the local intellectual property office) in return for a statute-backed monopoly in the invention. Conversely confidentiality means not disclosing it at all, or only under carefully crafted agreements, and relying on the hope that no-one else will stumble upon the same invention.

There are pros and cons with each approach, for instance a patent only lasts for a set period of time whereas confidentiality can last forever. Patents also guard against a third party having the same idea at some time later, whereas confidentiality does not offer any protection against a third party having the same idea.

To read the full article in the NZ Herald click here.  Jason Rudkin-Binks, Partner,Hudson Gavin Martin, a law firm which helps entrepreneurs with intellectual property concerns.

To find out how we can help you get access to R&D funds, give me a call on 09 236 0082 or email simon@dynamicresources.co.nz or click here to see other govt grants