On 1 February 2011 the Foundation for Research, Science and Technology and the Ministry for Research, Science and Technology merged into the new Ministry of Science and Innovation (MSI).

MSI is the lead agency driving the science and innovation sector in New Zealand and assumes responsibility for the policy and investment functions of both agencies.

While MSI is a new agency it also brings together the Foundation for Research, Science and Technology (the Foundation) and the Ministry of Research, Science and Technology (MoRST) and assumes responsibility for the policy and investment functions of both agencies.

The new Ministry of Science and Innovation (MSI) is part of a broader Government focus to boost the research, science and technology (RS&T) sector’s contribution to economic growth.

MSI has some key roles and functions such as advising the Government on New Zealand’s science and innovation system, overseeing RS&T investment and supporting infrastructure and fostering commercialisation, enhancing productivity and achieving wider benefits for NZ through the application of research results.

The MSI’s two new investment Boards – the Science Board, and the Innovation Board – were announced on 5 January 2011.

The Innovation Board is responsible for making funding decisions in respect of business facing schemes, such as the TechNZ investments, the new Technology Development Grant and Technology Transfer Voucher, and PreSeed Funding.  The Science Board is responsible for allocation decisions in respect of research organisation science funding.

A new MSI website is being developed, and will be launched in mid-2011.  In the interim, this site (www.msi.govt.nz) will keep you updated on MSI activities and announcements.  The Foundation and MoRST websites will remain online until mid-2011, but no new content will be added from 1 February 2011.

To find out how we can help you access R&D grants, contact Simon Lempriere of DynamicResources at simon@dynamicresources.co.nz or 09 236 0082 and 021 721156

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