Foundation for Research, Science & Technology
Contact Details
Email:
Jane.mcsweeney@frst.govt.nz
Street Address:
Head office:
Level 11, AT&T Tower
15 - 17 Murphy St
Thorndon
Wellington
New Zealand
Postal Address:
Wellington head office:
PO Box 12240
Thorndon
Wellington 6144
New Zealand
Organisation Summary
Organisation Type:
Crown agency
Specialties:
The Foundation’s primary aim is to excel at our core business - investing and managing government funds in the science sector.
Another key focus is to deepen our understanding of New Zealand's research, science and technology (RS&T) system, and tailor our investment approaches accordingly. We work to achieve these aims by:
being strategic - we work with key stakeholders to identify desired outcomes and strategies for achieving them
ensuring delivery - making the best investments in the right organisations with the right people in order to deliver the best results for New Zealand.
Profile
The Foundation for Research, Science and Technology invests more than half a billion dollars each year in innovation and fostering the creation of new knowledge. These investments, made on behalf of the New Zealand government, are designed to enhance the wealth and well being of New Zealanders.
The Foundation forms partnerships with private companies and research organisations for world class research teams to develop and sustain research programmes that generate significant benefits to New Zealand.
Through the TechNZ business programme, up to $50 million is invested each year in businesses to develop new technologies and build capability to carry out leading edge R&D.
The Global Expert service identifies and connects international experts with companies to solve challenges associated with innovation and product development - shortening the time it takes to get new products and services to export markets.