Fantastic; more faffing around for an Advanced Technology Institute

By Peter Kerr for sticK

(sticK - 14 June 2012 ) Oh great – yes the May 24 budget announcement has $178 million allocated over five years for the evolution of Industrial Research into an Advanced Technology Institute.

But buried in the numbers (page 108, here) is a huge reason to not get too excited that too much is going to happen anytime soon.

Why? Namely a $1.871 million allocation to the Ministry of Science and Innovation (subsumed now into MoBIE) for ‘Advice and Support’ on shaping the Science and Innovation system MCOA (M84)’.

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For sticK – science, technology, innovation & commercialisation KNOWLEDGE - is a new Wellington based news service concentrating on following the money from ideas to income. Contact editor Peter Kerr at peter.kerr055 @ gmail.com