Articles tagged with Innovation

$40.68M Boost for NZ University Research Commercialisation and New IP Rules

6 days ago | 91 views

The New Zealand Government is providing a $40.68 million funding boost from July 2026 to support university research commercialisation, alongside new Intellectual Property (IP) rules that give researchers greater control and incentives to bring innovations to market. This initiative, including enhanced Commercialisation Partner Network funding and new Engagement Guidelines, aims to accelerate economic growth by fostering collaboration, building commercialisation skills, and supporting early-stage ideas to develop into start-ups and products. Additional funding is also allocated to the Founder and Start-up Support Programme and the New Zealand Institute of Advanced Technology to expand deep-tech incubation and advanced technology development.

Tags: Penny Simmonds New Zealand MBIE NZIAT Commercialisation Partner Network Intellectual Property Management Policy Science Technology Innovation Government funding HealthTech Activator

New Zealand’s Visa Waiver Trial Boosts Economy by $215M with 92,000 Visitors

1 week ago | 177 views

A 12-month visa waiver trial launched in November 2025 allowing eligible Chinese and Pacific visitors traveling from Australia to use a simpler, faster, and cheaper New Zealand electronic Travel Authority (NZeTA) has generated $215 million for New Zealand’s economy in six months. The trial has led to a 40% increase in Chinese visitor arrivals, filling hotels and businesses, and supporting jobs, with over 80,000 travelers arriving via this new pathway. Decisions on the trial’s future will follow a full evaluation after the 12-month period, while eligible travelers continue to benefit from the streamlined NZeTA process.

Tags: Erica Stanford Louise Upston Immigration New Zealand Chinese visitors Pacific visitors New Zealand economy NZeTA Ministry of Business Innovation and Employment Stats NZ New Zealand tourism

New Research Projects Boost Efforts to Eradicate Yellow-Legged Hornet in NZ

1 week ago | 178 views

Four new research projects led by the Bioeconomy Science Institute will support Biosecurity New Zealand's efforts to eradicate the yellow-legged hornet, focusing on risk modeling, impact assessment, targeted communication with Māori communities, and readiness planning for the apiculture sector. Since the hornet's detection in Auckland last year, 77 queens and 132 nests have been removed, with no sightings since early April, but ongoing surveillance and public vigilance remain crucial. Funded by the Ministry of Business, Innovation and Employment, these projects aim to enhance eradication strategies and prepare for potential long-term management.

Tags: Penny Simmonds Andrew Hoggard Biosecurity New Zealand Bioeconomy Science Institute Auckland Ministry of Business Innovation and Employment Maiangi Taiao Māori communities apiculture sector

Government Invests $143M to Boost NZ Food & Fibre Sector Productivity Through Innovation

3 weeks ago | 200 views

Prime Minister Christopher Luxon and Agriculture Minister Todd McClay emphasize that New Zealand’s food and fibre sector, which accounts for over 80% of exports, requires increased productivity through innovation and greater land use flexibility. The Government is investing $143 million in six commercial projects across various sectors, partnering with industry to demonstrate how science, technology, and regulatory reform can drive growth while reducing environmental impact. A report from Lincoln University and ASB Bank projects that adopting these innovations and flexible land use could boost the economy by $10 billion within five to seven years.

Tags: Christopher Luxon Todd McClay New Zealand food and fibre sector agriculture innovation land use flexibility Government investment productivity Lincoln University

New Zealand’s Science Investment Plan 2026-2036 to Boost Innovation and Growth

3 weeks ago | 422 views

The New Zealand Government’s Science Investment Plan outlines a decade-long strategy to leverage public science funding for economic growth, resilience, and global competitiveness by focusing on four priority areas: primary industries and bioeconomy, technology for prosperity, environmental sustainability, and healthy people and society. The plan emphasizes shifting $122 million toward advanced technologies to boost productivity, innovation, and sustainability without reducing overall science funding, ensuring continuity for existing research contracts. Research Funding New Zealand will develop detailed Pillar Investment Plans by September 2026, guided by expert advisory groups, to implement these priorities effectively.

Tags: Penny Simmonds Prime Minister’s Science Innovation and Technology Advisory Council Research Funding New Zealand New Zealand Institute for Advanced Technology Science Investment Plan Science Innovation and Technology Minister PMSTIAC New Zealand Government Research Funding New Zealand Pillar Advisory Groups

AgriZeroNZ Launches $51M Early Adoption Accelerator to Boost NZ Farm Tech

3 weeks ago | 307 views

The Government and industry have jointly launched the AgriZeroNZ Early Adoption Accelerator, contributing up to $51 million each to support the rollout of innovative farm technologies that enhance New Zealand farmers' competitiveness and emissions efficiency. This co-funded program focuses on practical, scalable solutions, building on prior investments in emissions-reducing research, with tools like EcoPond already available and more technologies expected soon. AgriZeroNZ invites companies and industry groups to participate in projects over the next three years, aiming to provide farmers with diverse technology choices tailored to their operations.

Tags: AgriZeroNZ Nicola Willis Todd McClay Early Adoption Accelerator New Zealand farmers farm technologies emissions reduction EcoPond agriculture innovation Crown funding

New Zealand Advances GeoShot NZ Project to Drill First Superhot Geothermal Well

3 weeks ago | 292 views

The GeoShot NZ project aims to drill New Zealand’s first superhot geothermal well at the Rotokawa Geothermal Field, with government funding of $55 million approved for pre-drilling and exploratory activities. The initiative involves expert partners and advanced technology to harness superhot fluids at depths of 4–5 km, offering significantly more energy than conventional wells and enhancing national energy resilience. This pioneering effort, supported by international collaboration, seeks to establish New Zealand as a leader in clean, high-capacity geothermal energy for long-term regional and national benefits.

Tags: Shane Jones Mercury NZ Todd Energy Tauhara North No. 2 Trust Ministry of Business Innovation and Employment GeoShot NZ Regional Infrastructure Fund Rotokawa Geothermal Field Iceland New Zealand

New Zealand Introduces Winter Energy Reliability Obligation to Prevent Power Shortages

4 weeks ago | 293 views

The New Zealand Government is introducing the Winter Energy Reliability Obligation, requiring major power companies and large electricity users to secure sufficient back-up energy ahead of dry winters to prevent power shortages and price spikes. This includes stricter penalties for non-compliance and enhanced oversight by the Electricity Authority to ensure dry-year risks are managed effectively, boosting system resilience and price stability. The obligation is part of the broader Securing Affordable Energy plan, which also considers additional back-up supply options like LNG imports and aims to rebuild the energy system for reliable, affordable power.

Tags: Simeon Brown Ministry of Business Innovation and Employment Electricity Authority Winter Energy Reliability Obligation New Zealand Government LNG Electricity Industry Act Securing Affordable Energy plan gentailers power companies

Budget 2026 Boosts Frontline Teams to Combat Migrant Exploitation and Immigration Breaches

1 month ago | 330 views

Budget 2026 allocates $18 million over four years to establish three new frontline teams within New Zealand’s immigration and labour enforcement agencies to better address migrant exploitation, immigration non-compliance, and serious offending. This investment aims to reduce case backlogs, increase enforcement actions, and prioritize high-risk cases by expanding capacity for investigations, compliance checks, and labour inspections. The Government also plans to strengthen legal penalties for migrant exploitation and improve deportation and compliance measures to enhance public trust and system effectiveness.

Tags: Erica Stanford Budget 2026 migrant exploitation immigration compliance Labour Inspectorate Immigration Investigations Immigration Compliance team deportation immigration offences Ministry of Business Innovation and Employment

Kiwi Space Activator Funds $1.48M to Boost NZ Space Innovation Projects

1 month ago | 422 views

Space Minister Chris Penk announced the first recipients of the Kiwi Space Activator pilot programme, awarding $1.48 million to Dawn Aerospace, the University of Canterbury, and the University of Auckland for innovative space technology projects. These initiatives address government-identified challenges, enhance New Zealand’s space innovation reputation, and include educational components to inspire future innovators. The programme aims to reduce barriers for testing new space technologies, with funding increased to $2.08 million for rounds one and two, and applications for round two closing on May 25, 2026.

Tags: Chris Penk Dawn Aerospace University of Canterbury University of Auckland Kiwi Space Activator Hōpara MBIE New Zealand space innovation

Government Secures Long-Term Housing Supply in Westport Post-West Coast Floods

1 month ago | 367 views

The Government is transferring 20 homes at Paparoa Way to local ownership for $1.2 million to support Westport's long-term housing supply following the 2021 West Coast floods. These modern homes, delivered in partnership with Buller District Council, remain fully occupied and help sustain the community by enabling families and workers to stay, aiding regional recovery and growth. This initiative transforms emergency housing into a lasting asset, enhancing Westport’s resilience and exemplifying effective collaboration between central and local government.

Tags: Tama Potaka James Meager Westport West Coast floods Paparoa Way Buller District Council Ministry of Business Innovation and Employment Temporary Accommodation Service housing supply emergency response

New Zealand Secures Extra Diesel Supply to Boost Fuel Reserves and Security

2 months ago | 481 views

The New Zealand Government has secured an additional nine days' supply of 90 million litres of diesel through a letter of intent with Z Energy to enhance fuel reserves amid global market uncertainties. This fuel will be stored at Marsden Point in refurbished tanks funded by a $21.6 million investment, with the Crown controlling its release to strengthen economic and fuel supply resilience. The agreement, resulting from a competitive procurement process, provides strategic insurance to ensure reliable diesel supply crucial for the economy while not counting towards fuel companies' minimum stockholding obligations.

Tags: Nicola Willis Shane Jones Z Energy New Zealand Marsden Point diesel supply Government fuel reserves Channel Infrastructure Ministry of Business Innovation and Employment

Government Boosts Advanced Technology Funding to Drive NZ Science Innovation

3 months ago | 484 views

The New Zealand Government is redirecting science funding towards areas with the greatest national impact, emphasizing advanced technology to boost productivity and international competitiveness. The Prime Minister’s Science, Innovation and Technology Advisory Council identifies four priority areas: primary industries and bioeconomy, technology for prosperity, environmental sustainability, and healthy people. By reallocating $122 million annually over three years, the Government aims to build a future-ready science workforce and strengthen the country’s research system through a carefully managed funding reset.

Tags: Shane Reti New Zealand Science Investment Plan Research Funding New Zealand Prime Minister’s Science Advisory Council advanced technology bioeconomy environmental sustainability science system innovation

Re-Energise 26 Report Calls for Coordinated Action to Build NZ Energy Workforce

3 months ago | 633 views

The Re-Energise 26 report highlights the urgent need for coordinated efforts to build New Zealand’s energy workforce to meet growing sector demands and avoid missed opportunities. Key challenges include workforce uncertainty, training pipeline issues, and critical role shortages, while opportunities lie in unified talent development and clearer career pathways. The government, industry, and educators must collaborate to strengthen skills, improve job connections, and support regions facing industry decline to ensure a sustainable energy sector future.

Tags: Louise Upston New Zealand Energy Resources Aotearoa Electricity Engineers’ Association Ministry of Business Innovation and Employment Social Development and Employment Minister energy workforce energy sector government

Mental Health Innovation Fund Round Three Expands Access Across New Zealand

3 months ago | 548 views

The Mental Health and Addiction Innovation Fund in New Zealand has entered its third round with changes to increase access, including revising the requirement for an independent Social Return on Investment (SROI) report to a more flexible proposal-based approach. These adjustments respond to sector feedback by lowering barriers such as matched-funding thresholds and allowing community organizations to better demonstrate outcomes while maintaining robust evaluation. With $20 million allocated over two years, the Fund aims to support grassroots initiatives that improve timely access to mental health and addiction services, protect public specialist services, and deliver scalable, evidence-based solutions.

Tags: Matt Doocey Mental Health Minister New Zealand Mental Health Addiction Innovation Fund Women’s Refuge Social Return on Investment Grassroots Organisations Mental Health Workforce Crisis Response