Strategic Science Investment Fund supports new $35m genomics investment
On: 8 November 2016
Applications open today for the establishment of a new genomics research platform with funding of up to $5 million per year for seven years.
Genomics is an increasingly important component of both basic and targeted research, and underpins much current activity across the life sciences including the primary, health and environmental sectors. Current genomics investment is being reshaped to a new cross-institutional research centre that will produce high quality research capability for the whole science sector.”
The new investment is expected to grow excellent genomics research capabilities in New Zealand by building on and growing linkages to other world-leading genomics research centres around the world, maintaining effective relationships between New Zealand’s genomics scientists and stakeholders, and by generating world-leading excellent research on genomics.
Funding will come directly from the Strategic Science Investment Fund (SSIF), which was announced as part of the Budget 2016 Innovative New Zealand package.
The Government invested $486 million over four years in science and innovation through the Innovative New Zealand package, and the SSIF – worth nearly $250 million per year – was created at the same time. This fund will support longer-term programmes of mission-led science, critical to the future of New Zealand’s economy, environment and wellbeing.
This investment will have broader benefits for the New Zealand public, including improved economic, health, social and environmental outcomes. New Zealand will be in a better position to retain, attract and develop top genomics researchers, and ensure the country’s contributions to genomics research are competitive internationally.
The Government’s investment intentions for genomics funding are outlined in the SSIF 2016 Investment Plan that the Ministry of Business, Innovation and Employment (MBIE) has developed with input from the science sector.