New Zealand signs innovation and R&D agreement with Israel

MBIE’s International Science Partnerships Manager Simon Rae said the Agreement will provide opportunities for both countries’ knowledge intensive firms to share technologies and know-how, and to improve commercialisation pathways for their products.

“The Agreement will allow us to forge a partnership with Israel that will connect New Zealand firms with world-leading technologies. The resulting innovation will bring New Zealand towards the goal of achieving a diverse, sustainable, productive economy.

“Israel is, like New Zealand, a small economy but has a highly-developed technology sector which is very well-connected to international markets and capital.

“They have key capabilities in agritech, water management and other areas of interest to New Zealand. A closer partnership with Israel will provide real opportunities for New Zealand firms,” said Simon Rae.

Under the Agreement, Callaghan Innovation and the Israel Innovation Authority will develop and run business matching services, and joint calls for business research and development cooperation. Funding for New Zealand firms will be drawn from Research and Development Project Grants administered by Callaghan Innovation.

More information will be available on Callaghan Innovation’s website at a later date(external link)