MBIE invests $5m in forestry funding

The Ministry of Business, Innovation and Employment (MBIE) will invest $5 million over seven years in a research partnership to increase the competitiveness of the forestry sector.

This investment aims to strengthen the ties between research organisations and the industry to produce excellent research driven by industry needs.

The new partnership is led by Future Forests Research, an industry-operated entity, in collaboration with Scion, the University of Canterbury, and the NZ Dryland Forests Initiative.

The research will focus on developing a broader range of higher value, better performing wood products from tree species such as eucalyptus, Douglas-fir and cypresses that provide an alternative to the radiata pine.

The funding will be matched by the sector dollar for dollar.

To find out more about government investment and grants for R&D, contact The Resources Guys. It’s what we do.