Kiwi Innovation Network Limited
In the 2019 Commercialisation Partner Network investment round, Kiwi Innovation Network Limited was approved for funding of $4,358,638 (excluding GST) over two years. This page has the public statement from our contract with Kiwi Innovation Network Limited.
The Kiwi Innovation Network (KiwiNet) will deliver a new Commercialisation Partner Network (CPN) programme that will bring about a significantly-enhanced and diverse research commercialisation ecosystem that is driving forward a globally-competitive technology sector in NZ.
KiwiNet is the combined power of 18 of NZ's Universities, Crown Research Institutes and other research organisations who receive public funding, representing a total combined research expenditure of over $800 million and over 80% of NZ's publicly-funded researchers. We are an internationally-renowned commercialisation leader, dedicated to taking a collaborative approach to transforming scientific discoveries into benefit to NZ. We have generated a greater than seven-fold return to NZ on funding invested, to date.
As a founding leader in the CPN, our internationally sought-after open model is a genuine collaborative forum that has been built upon mutual trust, and a willingness to work together to maximise commercial success from the most promising research discoveries across NZ.
The programme will grow NZ's pipeline of commercial prospects from publicly-funded research, increase the number of projects presented to our investment committees.
We will bring about a more diverse and vibrant science and innovation community and unlock the innovation potential of Māori knowledge, resources and people, and inspire and empower NZ's research community to commercialise their science.
We will grow the size and quality of NZ's commercialisation workforce to drive high-performance and commercial success and drive regular and early engagement with the private sector. By committing to this programme, KiwiNet is committed to a future where all publicly-funded research discoveries in NZ with commercial potential are delivering maximal impact. The avalanche of deep-tech ventures that emerge will drive prosperity, enhance and sustain intergenerational wellbeing, and grow NZ for all.