New Zealand Forest Research Institute Ltd (Scion)
In the 2019 PreSeed Accelerator Fund investment round, the New Zealand Forest Research Institute Ltd (trading as Scion) was approved for funding of $1,050,000 (excluding GST) over two years. This page has the public statement from our contract with the New Zealand Forest Research Institute Ltd (trading as Scion).
It is Scion’s core purpose to drive innovation and growth from New Zealand's forestry, wood products, wood-derived materials and other biomaterial sectors, to create economic value and contribute to beneficial environmental and social outcomes for New Zealand.
In our future view of New Zealand, Scion, with industry, government and Treaty partners, will have grown and transformed forestry and timber-based manufacturing. Regions across New Zealand will be thriving through their expanded and enriched planted forests. High-value construction and appearance timber products will be meeting domestic and international demand. New materials and energy derived from trees will have displaced oil-derived products. New biobased industries that use tree- and wood waste-derived materials will have replaced those that relied on imported chemicals and fuels. Timber will be the norm in multi-level construction, and New Zealand cities will be increasingly sustainable in character and design.
In our strategic plan through to 2030 we have set out our long-term direction and programmes of work to deliver our purpose and achieve great outcomes for New Zealand. It will be critical to do this work in partnership with existing and emerging industry, Māori and central and local government. Scion will play a key role to create a more sustainable way of living in a low-carbon, biobased future. We will help develop distinctive New Zealand products, services and approaches that will enhance our nation’s well-being through social, environmental and economic outcomes while also demanding a value premium around the world. We will enable opportunities for producers to develop new brands that promote a powerful 'biobased' and 'made-from-sustainably grown and managed trees' message.