Tauranga well placed to secure new regional research centre

The Budget pledge to commit $25 million to developing up to three new privately led regional research centres is drawing close scrutiny from local opinion leaders who would like to see the Bay of Plenty take one of the slots.

Science and Innovation Minister Steven Joyce said he wanted to create more private-public organisations in the regions, along the lines of Nelson’s Cawthron Institute.

“Regional Research Institutes would focus on scientific research relevant to a particular region, with a strong emphasis on the effective transfer of research into new technologies, new firms, and new products and services,” the minister said.

Local business leaders cited the favourable precedent of Tauranga’s WNT Ventures being selected last year as one of only three new technology business incubators in a Government-backed network to get more high-growth start-ups off the ground. WNT Ventures was the only one of the selected incubators to be based outside the main centres and is tapping into tertiary research developments to identify potential new technology start-ups. More…

Originally published by David Porter on www.bayofplentytimes.co.nz, 28th May 2015