What's at stake: The Government has redirected $14m of funding over seven years towards a new Biodiscovery Platform that would unlock economic opportunities from native flora and fauna.
Background: Research into this area has been scattergun across the country and the new Bioeconomy Science Institute will run the platform to supercharge the research and go-to-market plans to get an economic benefit.
Key players: The Government, Bioeconomy Science Institute, Strategic Investment Fund.
The Government is redirecting $42 million of science funding over the next seven years towards a new Biodiscovery Platform.
Science, Innovation and Technology Minister Dr Shane Reti said the investment will unlock new economic opportunities by transforming New Zealand’s unique natural resources
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Key points
What's at stake: The Government has redirected $14m of funding over seven years towards a new Biodiscovery Platform that would unlock economic opportunities from native flora and fauna.
Background: Research into this area has been scattergun across the country and the new Bioeconomy Science Institute will run the platform to supercharge the research and go-to-market plans to get an economic benefit.
Key players: The Government, Bioeconomy Science Institute, Strategic Investment Fund.
