Help translate world-leading research into commercial reality for wide-ranging impact.
Our researchers are continually developing innovative ideas that can impact and help solve great challenges through commercial development and distribution, but they often face a funding gap in progressing these early-stage concepts into products that are market ready.
Wellington UniVentures, the University’s commercialisation office, uses its expertise in intellectual property and business development and its global network of contacts to help researchers transform their discoveries into products or services that are accessible and have real benefit to society. Wellington UniVentures identifies projects that would benefit from acceleration through funding, and which are independently validated by the Government’s KiwiNet Investment Committee. It has more than 60 active pipeline projects and its staff support the University’s researchers to test, protect, and develop their idea using a thorough assessment and market validation process.
Optimise for success
The University and Wellington UniVentures have set up the Innovate Fund to move exciting innovations through the development pipeline, optimising their chances of success, before they are launched publicly for the most impact. With the help of philanthropic investors, we seek to build up a $10 million non-endowed fund, maintained by the Victoria University of Wellington Foundation. We will reinvest all interest and a proportion of returns from any resulting spin-out companies back into the fund to ensure the availability of critical financing in perpetuity.
Your investment in the Innovate Fund can be matched dollar for dollar by the New Zealand Government via KiwiNet’s Pre-Seed Accelerator Fund, meaning your support will have an impact more quickly. You can also increase New Zealand’s talent base by contributing your skills, experience, and contacts to support our entrepreneurial academics.
Get in touch
We welcome the chance to talk to you about supporting research translation with significant impact through the Innovate Fund.
Associate Director, Philanthropic Giving