Glossary
The FoundationThe Foundation for Research, Science and Technology is a Crown entity governed by a Board appointed by the Minister of Research, Science and Technology.
We were established under the Foundation for Research, Science and Technology Act 1990. Under the Act the Foundation’s principle purposes are: to allocate funds for the production of outputs relating to public good science and technology; to allocate funds pursuant to ministerial schemes; and to provide independent policy advice to the Minister of Research, Science and Technology on matters related to research, science and technology, including advice on national priorities for those matters.
We invest close to $500 million a year in science and technology research on behalf of the New Zealand Government, seeking benefits to New Zealand’s economy, environment and society.
