Up to $80 million has been earmarked from the Fund for areas like new buildings and equipment to support transforming Industrial Research Limited into an advanced technology institute with up to 700 staff. • Invest $60 million over the next four years in a series of competitive National Science Challenges, to find innovative solutions to some of the most fundamental issues New Zealand faces in its future development. The National-led Government has already piloted this approach in the area of greenhouse gas emissions from agriculture.
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