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Food Innovation Network gets $21m

The government will spend up to $21 million to establish a network of open-access food development facilities across the country.

The initiative, called Food Innovation Network New Zealand, will be a collaboration between the government, industry, research and education providers and local government. 

The network will have four regional hubs in Manukau, Waikato, Palmerston North and Canterbury and an overarching network organisation. 

“New Zealand's export base is reliant on our food and beverage industries. The government wants to encourage them to create more value from their products to help raise our economic growth rate,” Economic Development Minister Gerry Brownlee said.

“Small and medium sized companies need access to facilities that allow them to develop, test and prove new products but it is uneconomic for these companies to individually build such facilities and purchase all the required equipment."

The initiative will provide the infrastructure that firms need to develop new food and beverage ingredients and consumer products, and is intended to facilitate the rapid development of a high value food export industry.

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