The Foundation for Research, Science and Technology (FRST) invests in research, science and technology (RS&T) on behalf of the New Zealand Government.
I have been working on a Technology for Business Growth (TBG) Application Form over the past few weeks and finally managed to submit it yesterday. The provision of potential government financial support such as this provides a vital source of funding and support for businesses wishing to exploit the bleeding edge areas of innovation and research.
Together with the new R&D Tax Credit regime which kicks in on April 1st next year, New Zealand is finally getting to grips with the importance and significance of a strong R & D culture to long-term economic development. FRST is a good example of that commitment.
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