For organisations who hold a contract directly with MBIE for PreSeed funding. These currently include UniServices, Otago Innovation, SCION and Health Innovation Hub.
Anybody seeking PreSeed investment through this process must be working with the commercialisation office from one of the research organisations listed above.
MBIE requires devolved contract holders that access PreSeed investment to engage with a CPN Investment Committee (CPN IC). KiwiNet and Return on Science both operate CPN Investment Committees. These organisations have worked together, in consultation with MBIE, to design processes to meet the following principles:
MBIE has established different requirements to engage with a CPN IC depending on the amount of PreSeed investment required to progress to investor ready stage.