### ODT Online Tue, 11 May 2010
$321m science boost announced
Research, science and technology will be a major recipient of funding with the Government pumping $321 million into the sector in next week’s budget. Prime Minister John Key announced today the funds have been allocated for new initiatives over the next four years, of which $225m is new funding and $96m is reprioritised.
“The budget will focus squarely on building faster and sustainable economic growth – it’s the only way we can create the jobs, higher incomes and the better living standards New Zealanders deserve,” Mr Key says. “Research, science and technology will help us achieve that goal.” NZPA
### tvnz.co.nz 8:16AM Tue May 11, 2010
Big spend on research, science and technology
Source: ONE News/NZPA
Bright sparks are getting a helping hand from the government in one of its biggest spending pledges. Nine days out from Finance Minister Bill English delivering his second Budget, he has revealed the government will pump $321 million into research, science and technology. The government says a large chunk of that will help medium and large businesses to grow.
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Post by Elizabeth Kerr