That end goal was the basis of NZC's application to the ICC, and the funding is designed to dovetail with the organisation's high performance plan. With the current crop of Black Caps struggling for consistency, NZC hopes the windfall will help improve those with international cricket in their future.
"It's designed around our pathway and development," Buchanan said. "Not only players in principally our A programme, but also the development of coaches and sports scientists and support staff.
"It's really targeting a much broader means of developing cricket in New Zealand over the next few years."
NZC is unlikely to employ more full-time coaches into their high performance set-up, but the handout will be used to hire specialists on a short-term basis when needed.
"We can place coaches on certain programmes and certain touring situations and/or in specific coaching development roles, possibly overseas," Buchanan said. "So that gives us the scope to really begin to target a broader cross-section of coaches, other than those who are currently employed."
With nations able to formally apply for funding, Ireland and Scotland were the first to receive TAPP assistance in June last year while the West Indies and Zimbabwe the first full members to receive funding.
New Zealand would be loathe to include themselves among that calibre of team, but Buchanan said recent performances on the pitch have left the side in need of similar assistance provided to the developing nations.
"I don't think there's any hiding the fact that New Zealand cricket, internationally, hasn't performed that well in recent times," he said. "Part of the ICC's charter is to ensure that both associate countries and full member countries remain extremely competitive, just for the whole development of the game.
"That's certainly one of the reasons [funding was received]. I think the other reason was what we put forward in our proposal."