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The voluntary moratorium on applications for release and field testing of genetically modified organisms will be extended to October 31, Environment Minister, Marian Hobbs and Science Minister, Pete Hodgson, announced today.

The Government is backing New Zealand's innovators with a $100 million seed capital investment fund.

The New Zealand Venture Investment Fund is being launched to finance business start-ups, in partnership with private sector venture capital.

Research and development, not taxation, offers the best prospects for reducing methane emissions from sheep and cattle, says Pete Hodgson, Convenor of the Ministerial Group on Climate Change.

The statistical report on New Zealand biotechnology released today is encouraging confirmation of the strength of the sector, says Research, Science and Technology Minister Pete Hodgson.

Science Minister Pete Hodgson today welcomed a major new investment in New Zealand's science infrastructure by the Earthquake Commission (EQC).