Innovative Companies To Be Rewarded

New Zealand's innovative businesses will have their chance to shine as a new round of Technology Commendations is launched this week. Nominations are now being called for by the Foundation for Research, Science and Technology. The commendations recognise and celebrate companies that have grown their business and benefited the economy through the successful, commercial adoption of innovative technology.

"Last year five national winners showed the dramatic difference research and development can have on a business's bottom line.

"Their success stories range from huge export growth to increased staff levels and increased productivity.

"We awarded these firms commendations for improving not only their own strength and competitiveness but also the prosperity and innovativeness New Zealand"

The nomination and evaluation procedure is straightforward. Nominations from innovative companies in all fields are welcome, not just from companies where the Foundation has provided financial or other assistance.

"Any commercial organisation or company with a significant New Zealand presence, whose operations benefit the New Zealand economy, is eligible to apply for a Commendation. However, to be considered for a Commendation, they have to demonstrate the link between their commercial success and the adoption of innovative technology," said Mr Pickering.

Companies themselves can make an application, or can be nominated by other businesses or individuals, providing the nominated company's chief executive signs the nomination form.

The Foundation will continue to accept nominations until March 23rd

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