Funding
MoRST does not directly fund research and innovation projects. Our role is to manage the Government’s investment in research, science and technology (RS&T), ensuring that the system runs efficiently and smoothly.
The Budget outlines new government investments (and/or funding cuts). The Government’s annual operational RS&T investment for 2008/2009 is $725.725 million.
The various Crown agencies and Ministries that make up the New Zealand Government are funded though a series of packages called "Votes".
Some organisations receive money from the Government that they invest, on behalf of the Minister of Research, Science and Technology, in several hundred projects every year.
The funding and policy year is marked by two distinct phases - advice and decisions.
The Cross-Departmental Research Pool (CDRP) supports policy-related research in government departments, and is managed jointly by the Ministry of Research, Science and Technology and the Foundation for Research, Science and Technology.
Government decisions regarding stable funding. The level of negotiation in the Environmental Research and Research for Industry output expenses of Vote RS&T has been increased from 30% to 40% of available funds. Updated March 2008.
Links to funding and investment agents and other organisations.