InternetNZ is ‘dipping into its reserves' to provide $435,000 in funding for initiatives contributing to the Christchurch rebuild, according to the advocacy group's chief executive.

The group, funded itself by fees from .nz registrations, has already donated $50,000 to the Red Cross and spent $40,000 providing high-definition video conference bridging services for Christchurch schools.

"Our members want us to do more,” says InternetNZ CEO, Vikram Kumar.

"Reserves are meant for a rainy day and our members believe that the Christchurch earthquakes are such an event.

Applicants can submit an expression of interest containing a brief outline of their project by November 30. Shortlisted applicants will then have until February 15 to submit a detailed project proposal.  Final decisions will be made by the end of February 2012.

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