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

 


High value foods targeted in 1st National Science Challenge

High value foods targeted in first National Science Challenge

April 1 (BusinessDesk) – The government’s pro-science agenda will get an election year push with the announcement of up to 10 major funding deals in areas of importance to the New Zealand economy and society in coming months.

Science and Innovation Minister Steven Joyce announced the award of funding contracts to three universities and two Crown Research Institutes for an initial five years’ funding worth $30.6 million to investigate and validate the nutritional and health benefits of new, high value foods.

Among areas the High Value Nutrition Challenge will examine are the development of foods that improve suppleness, flexibility and recovery from industry and whether foods can be developed that lift levels of immunity and increase allergy tolerance.

“Food and beverages are important contributors to the growth of New Zealand exports. This challenge will focus on how New Zealand can add value through science to our primary produce,” said Joyce in a statement.

The challenge is led by researchers from the University of Auckland, the University of Otago, Massey University, AgResearch, and Plant and Food Research and will become eligible for a further $53.2 million over five years after a review at the initial five year review point.

“Along with relevant Crown research institute core funding of $97 million over ten years, total funding for the High-Value Nutrition Challenge is up to $180.8 million over 10 years,” Joyce said.

Announcements on the Deep South and Resilience to Nature’s Challenges projects are advancing and proposals for the remaining seven challenges are due this month, with funding announcements set to be made through the year.

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Drones: First Certificate Issued Under New UAV Rules

Transport Minister Simon Bridges and Associate Transport Minister Craig Foss say the first certified flight of an unmanned helicopter under new aviation rules is a great example of how they can enable commercial use. More>>

ALSO:

GE Swedes And Cow Deaths: Plant Analysis Backs Up Earlier Advice

The industry body is recommending that farmers do not feed Herbicide Tolerant (HT) swedes to cows in spring when the animals are in late pregnancy or early lactation. DairyNZ is also advising caution if farmers are considering other leafy varieties. More>>

ALSO:

Statistics: Dairy And Travel Still Our Largest Export Earners

New Zealand earned $2.3 billion more from exports than we spent on imports during the year ended June 2015... total exports of goods and services were $67.5 billion, while total imports were $65.1 billion. More>>

ALSO:

Approval: Air New Zealand And Air China Launch New Alliance Route

Air New Zealand and Air China have today launched joint sales for a new daily direct service between Auckland and Beijing after receiving approval from New Zealand Minister of Transport Hon Simon Bridges to form a strategic alliance. More>>

ALSO:

Money Trading: FX Trader Jin Yuan Finance Warned Over Lack Of Monitoring

Jin Yuan Finance, an Auckland-based foreign exchange trader, has been warned over its lack of anti-money laundering processes in place in the first public notification by the Department of Internal Affairs. More>>

ALSO:

Auckland Surge, Possible Peak: House Values Accelerate At Fastest Annual Pace In 8 Years

New Zealand residential property values rose at their fastest annual pace in eight years in August, pushed higher by overflowing demand in Auckland, which is showing signs speculators think it has reached its peak, according to Quotable Value. More>>

ALSO:

Cash Money: Reserve Bank Launches New $5 And $10 Banknotes

The $5 and $10 final banknotes were revealed at an event at the Bank in Wellington, and will start to be released from mid-October 2015. More>>

ALSO:

Truck Sales Booted: Commerce Commission Files Charges Against Mobile Trader

The Commerce Commission has filed charges against a mobile trader, or truck shop operator, claiming he obtained money from customers by deception and never intended to supply them with the goods they paid for. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news