Issue 22 – November 2010
IRL has been selected as one of six Accredited Research Organisations for the first phase of the Government funded 'Technology Transfer Voucher' funding scheme.
The aim of the voucher is to increase the transfer of technology and knowledge between research organisations and businesses, by supporting better linkages between the two.
As part of a phased implementation, the programme will initially be targeted at supporting research & development (R&D) in businesses in the high-value manufacturing and services sector.
IRL Chief Executive Shaun Coffey says IRL is ideally placed to work closely with businesses active in these sectors.
The voucher will be available to businesses that have limited in-house research capability to answer their R&D questions, and will benefit from the R&D expertise and services of a research organisation.
Vouchers will provide 50 per cent of the funding towards business R&D projects to enable a business to access research services and expertise from accredited, publicly funded research organisations such as IRL.
Through the voucher scheme the Government is seeking to fund substantial R&D projects with a minimum voucher value of $100,000.
From 1 November 2010 businesses will be able to apply to the Foundation for Research Science and Technology for vouchers and if successful redeem them with IRL and other accredited research organisations.
For more information contact Mike Eng at Industrial Research Ltd, telephone 04 931 3029, mobile 029 261 0086.
Summarised from an Industrial Research Limited media release 20 October 2010.