Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

High Level Of Interest In Maori Agribusiness Funding Round


High Level Of Interest In Maori Agribusiness Funding Round


The Ministry for Primary Industries (MPI) is reporting a high level of interest from groups seeking to promote sustainable resource use in Maori agribusiness.

MPI’s Sustainable Farming Fund (SFF) provides co-funding for small to medium-scale applied research and extension projects.

In August 2012, MPI held a special SFF round for Maori agribusiness, offering approximately $1 million of co-investment funding.

MPI has committed to undertake activities that specifically foster opportunities for Maori agribusiness.

The special round was open for a month and MPI aims to have funding contractually committed before the end of December 2012 (with most to be spent in the first year but possibly spread over three years).

MPI received 47 applications for the special funding, with 14 approved subject to contracts being approved. Details of these will be announced in the coming months as contracts are negotiated.

“MPI is committed to working with all of our stakeholders, including Maori agribusiness, to ensure that funds like the SFF deliver tangible results to the primary sector”, says MPI Deputy Director-General Scott Gallacher says.

Meanwhile, the main 2013 annual SFF round opened in late August with up to $8 million of co-investment funding on offer for projects that will encourage sustainable resource use in the primary sectors. Applications closed recently and applicants will be notified by the end of February 2013, with contracts in place so work can commence from July 1, 2013.

END

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

$7.5 Billion Surplus: Government Accounts "Show Strong Economy"

“The surplus and low levels of debt show the economy is in good shape. This allows the Government to spend more on infrastructure and make record investments in health and education,” Grant Robertson says. More>>

ALSO:

New OIO Application Trumps Judicial Review: OceanaGold Cleared To Buy Land For Waihi Tailings Expansion

In a surprise turnaround, the government has given OceanaGold a greenlight to buy land to expand its Waihi mine after the application was previously turned down by Land Information Minister Eugenie Sage. More>>

ALSO:

Christchurch Rebuild: Fletcher Sued For $7.5m Over Justice Precinct

Fletcher Building is being sued for $7.5 million by utilities contractor Electrix, one of the subcontractors on the Christchurch Justice and Emergency Services Precinct. More>>

Three New Drugs: PHARMAC Signs Bundle Deal For More Cancer Medicines

420 New Zealanders with lung cancer, breast cancer, multiple sclerosis and respiratory disease will benefit each year from a bundle deal PHARMAC has finalised with a medicine supplier. More>>

ALSO:

"Levels Playing Field": Government Responds To Electricity Price Review

The changes announced today include: • Supporting new and independent retailers by requiring the big power companies to sell into the wholesale market at affordable rates. • Extending discount rates to all customers • A pilot scheme to help customers who have not switched power providers before to shop around for better deals... More>>

ALSO: