Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Project GDP to bring research & dev. benefits

3 December 2004 Media release

Project GDP to bring research and development benefits

Small to medium sized businesses are expected to reap the benefits from a project run by the Wellington based Crown Research Institute Industrial Research Ltd (IRL). Project GDP aims to bring researchers, scientists and small to medium sized enterprises, with science needs closer together.

"I'm delighted that Project GDP is up and running with the support of $106,875 from the Sector Initiative Fund," Jim Anderton said on visiting Industrial Research Ltd today.

The work is being carried out with project teams from the Wellington Institute of Technology (WelTec) and Manukau Institute of Technology.

“Surveys have found that small firms are less likely than larger firms to undertake research and development activities, even though they have great potential to lead to improved productivity and the production of new and value added goods. This project will help smaller firms realise their growth potential, while at the same time provide students and staff with real business issues to grapple with,” Jim Anderton said.

Since March 2003 IRL has worked in collaboration with WelTec and the Manukau Institute of Technology to investigate a mechanism to support SME's (small to medium enterprises) research and development requirements.

CEO of Industrial Research, Nigel Kirkpatrick, said "Project GDP brings manufacturers with science needs together with the technology institutes under the supervision of the IRL scientists.

“Project GDP enables companies to take product development to a whole new level,” he said.

SMEs can take advantage of research and development activities while maintaining their focus on current production while the participating learning institutions gain access to practical learning experiences and develop a closer relationship with the local business community.

Project GDP falls outside of the normal business strategy of IRL and its partners and is not an activity for which IRL is currently funded.

The Minister for Industry and Regional Development and the Minister of Finance approved a grant of $106,875 (inc GST) from the Sector Initiatives Fund (SIF) to IRL to fund activities associated with Project GDP for the current financial year. Other costs associated with the project will be met by IRL and the participating learning institutions.

Sector Initiatives Fund

The purpose of the SIF is to provide support for industry projects that are consistent with economic, social and environmental objectives but cannot be funded through other government assistance programmes. Priority for funding will be given to proposals that:

- Are identified as key contributors to the implementation of sector strategies being developed in partnership with industry, through New Zealand Trade and Enterprise and the Ministry of Economic Development;
- Are supported by key stakeholders such as industry and local government; and
- Have the potential for wider cross-industry application of benefits, for example infrastructure.

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Why New Zealand Needs To Change Its Defence Habits


In a flashback to the military displays of days gone by, one of our frigates recently joined a Carrier Strike show of force in the South China Sea, en route to a joint military exercise in Singapore with our traditional allies, called BersamaGold21. Reportedly, Anna Powles, from the Centre of Defence and Security Studies at Massey University felt this to be a case of us doing our bit to uphold international law, and the right of free transit through the region in question... More>>

Government: New COVID-19 Protection Framework Delivers Greater Freedoms For Vaccinated New Zealanders


Vaccinated New Zealanders will regain everyday freedoms when the country moves to a new simplified COVID-19 Protection Framework that doesn’t rely on nationwide lockdowns as the main measure to stop the virus spreading. In a suite of announcements that establish a pathway out of restrictions the Government is also providing up to $940 million per fortnight to support businesses through the challenging period... More>>

ALSO:





 
 


Government: Responds To Independent Review Into WorkSafe

The Government has clear expectations that WorkSafe must action the recommendations of the independent review into the regulator to improve its management of adventure activities following the tragedy at Whakaari White Island, Workplace Relations and Safety Minister Michael Wood says... More>>

Government: New Zealand Secures Historic Free Trade Deal With The United Kingdom
New Zealand and the United Kingdom have agreed in principle the details of a historic Free Trade Agreement (FTA), which will further accelerate our COVID-19 economic recovery say Prime Minister Jacinda Ardern and Minister for Trade and Export Growth Damien O’Connor... More>>

ALSO:

Ombudsman: Launches Investigation Into MIQ Booking System
The Chief Ombudsman Peter Boshier is launching a broad investigation into the Managed Isolation and Quarantine (MIQ) booking system after receiving hundreds of complaints... More>>

ALSO:


Pay Cheque To Pay Cheque: Half A Million New Zealanders Have No Savings
New findings from the Consumer NZ sentiment tracker found that 15% of New Zealanders had no savings, and a further 27% were anxious about their level of savings and would like to have more tucked away... More>>


Government: Mandatory Vaccination For Two Workforces

Large parts of two workforces critical to preventing the spread of COVID-19 will be required to be vaccinated, COVID-19 Response Minister Chris Hipkins said today. “Our education and health and disability workforces have done an incredible job throughout this pandemic to keep themselves and people safe,” Chris Hipkins said.... More>>


Green Party: Deeply Concerned Space Launches May Be Breaching Nuclear-free Laws

The Green Party is deeply concerned that space launches by Rocket Lab may be breaching nuclear-free laws, given our long-standing position as a signatory of the Nuclear Non-Proliferation Treaty... More>>


 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels