When making a PSG application
For all Primary Sector Growth (PSG) fund applications, we will expect to see:
- how your project fits with our assessment criteria, with a clear explanation of the net benefits to New Zealand, the rationale for additional Crown funding, and your ability to deliver the project benefits
- a detailed project plan that shows the project goals and objectives, milestones, key deliverables, and financials
- an outcome logic model that shows the strategic context of the project.
We will expect the level of detail, analysis, and evidence in your application to match the size and complexity of the proposed project. For larger projects, we will expect to see details similar to a business case that a private sector corporate would submit to their board for a funding decision.
If your application is requesting $2 million of government funding or more, we will work with you to provide guidance on the level of detail needed and to progress your application through our assessment and decision-making process. We can give you advice on your application, but we expect you to fund its development yourself.
What happens next
Your application is confidential. However, as part of MPI’s assessment of your application, we may share it with experts in MPI and other government departments to get their feedback.
We will assess your application against our 4 assessment criteria when making a funding recommendation.
If your application is requesting $5 million of government funding or more, we will request advice from the PSG Investment Advisory Panel before we make our final recommendation. We may also seek advice from the Investment Advisory Panel for any projects which we consider to be complex or sensitive.
How we assess PSG applications
Refer to our guidance for more details
Our guidance document has detailed information about how we assess applications to the PSG.
Technical guidance for applicants [PDF, 342 KB]
