The Government has announced its 2001/02 Budget today. It includes some significant new investments in research, science
and technology.
The new $100 million Venture Investment Fund is likely to interest everyone in New Zealand's research and innovation
community. Designed to work with private sector co-funders, this seed capital initiative has the potential to grow
strong New Zealand ideas into international businesses over the next few years.
Attached is a link to an information pack. Here you will also find details of $11.64 million of new money the Government
has provided for existing RS programmes.
www.morst.govt.nz/budget.html We welcome your interest in these important changes and any questions you may have.