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Budget 2015 allows for up to $25 million over three years to support the establishment of new privately led Regional Research Institutes, Science and Innovation Minister Steven Joyce says.
The Government will work with regional stakeholders to identify where the best opportunities are to develop new institutes, and has allocated funding from 2016/17 to support best case proposals.
- Steven Joyce
- Science and Innovation
- Budget 2015
Innovative Kiwi businesses investing in research and development (R&D) will benefit from a boost in funding for Callaghan Innovation as part of Budget 2015, Science and Innovation Minister Steven Joyce announced today.
The Government will invest another $80 million over four years in R&D growth grants, administered by Callaghan, to encourage more private sector research and development and grow New Zealand’s R&D ecosystem.
- Steven Joyce
- Science and Innovation
- Budget 2015