For research organisations
International Investment Opportunities Fund (IIOF)

With less than one per cent of global research and development carried out in New Zealand, it is important that New Zealand researchers have the opportunity to tap into overseas developments in science and technology research through collaborations and funding partnerships.

We invest in this area through the International Investment Opportunities Fund (IIOF).

Where does the money come from?

The various Crown agencies and Ministries that make up the New Zealand Government are funded through a series of financial packages, called ‘Votes’. The Foundation?'s funding is provided through Vote RS&T (research, science and technology), which is made up of a number of output expenses?.

An output expense will deliver a common set of goals or services. The funding for each output expense is specified in the Government Budget each year.

We receive money to invest in this area through the International Investment Opportunities Fund (IIOF?) output expense.

There is more information in the Research, Science & Technology (RS&T) sector overview.