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Agility Wins Technology Development Grant

The Ministry of Science & Innovation has included Agility CIS in its latest round of funding to receive a Technology Development Grant, covering a three-year period from July 2011. The grant will meet up to 20% of Agility‘s total R&D spending over the next three years.

Mike Thorne, Agility‘s CEO, welcomed the announcement.

“We are delighted that the government recognises our contribution to New Zealand’s economy,” he said. “Our R&D programme will help us to grow as a company to increase New Zealand’s export earnings and employ graduates of New Zealand universities in a growing industry. This grant supports those aims.”

Agility is a wholly New Zealand owned and based business with a strong R&D programme and a high level of export sales.

The Technology Development Grant supports firms with a good track record in R&D, and which spend a significant proportion of their revenue on R&D. Almost $50 million will be invested in this round into 19 businesses in the high value manufacturing sector.

More Information
NZ Government releases
Steven Joyce press release, 15 April 2015
Wayne Mapp press release, 15 August 2011