Government earmarks $15m towards commercialising hi-tech developments
The Government’s $15 million investment into initiatives supporting Kiwi start-ups is a step in the right direction but there’s still more to be done, a Massey University economist says.
The Pre-Seed Accelerator fund is aimed at developing “cutting-edge” research into viable start-up businesses.
Science and Innovation Minister Steven Joyce said hundreds of savvy hi-tech Kiwi companies were succeeding on the world stage.
“These programmes are all about filling the pipeline with the next generation of quality Kiwi start-ups.”