Category Definition: Deep Tech (science, hardware, advanced engineering, AI with uncertainty + experiments)
Category Examples: biotech diagnostics, medtech devices, advanced manufacturing, climate tech, aerospace, clean tech
Why it Matters: Deep tech is almost always R&D eligible
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| Stage | What to Do | Programs & Links | Why It Matters |
|---|---|---|---|
| 1. Setup & Entry | Formalise, connect with advisors | - New Zealand Business Number |
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Government R&D eligibility is about whether your work meets a legal/technical definition — solving scientific or technological uncertainties with a systematic approach.
Venture capitalists, on the other hand, use deep tech to mean something narrower:
Deep Tech (VC lens) = high-bar science and engineering companies (e.g. biotech, advanced materials, robotics, climate science, aerospace). They usually require long development timelines, capital intensity, and defensible IP.
R&D (Gov’t lens) = much broader. A novel AI algorithm, a new data-processing approach, or an advanced manufacturing process can all count as R&D — even if they wouldn’t be pitched as “deep tech” to VCs.
Why it matters:
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Pathway 1: R&D YES Pathway 2: AI & Software – R&D YES Pathway 3: AI & Software – R&D NO Pathway 4: R&D NO
