Callaghan Innovation is a stand-alone Crown Entity established in 2013. Their role hasn’t previously existed in New Zealand; they create and deliver innovative products and services that enable businesses to invest more in research, science, engineering, technology and design, so that they can be more successful in the global market. Callaghan Innovation has a team of around 400 researchers, scientists, engineers, technologists, business people, investment managers and account managers, working across the country. Callaghan Innovation also manages a $115 million a year portfolio of government funding and grants to support business innovation and capability building.