Foundation for Research, Science and Technology
The Foundation for Research, Science and Technology is a Crown Entity of New Zealand, established by the Foundation for Research, Science, and Technology Act 1990.[1]
Its stated mission is to Invest for results from research, science and technology to deliver greater prosperity, security and opportunities to all New Zealanders.[2] It invests nearly $500 million per annum, divided between Universities, Crown research Institutes, Research Associations and Private Firms.
The Ministry of Research, Science and Technology (MoRST)[3] is reviewing the entire research funding process during 2009.
One of the Foundation’s Outcome Based Investments (OBIs) is IO2 “Defining New Zealand’s Land Biota”, an investment of NZ$19 million over four years, supporting the work of 45 scientists and technicians around N.Z.[4]
References
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