New Zealand-based research consortium The Kiwi Innovation Network (KiwiNet) is to receive NZ$7.5m ($6m) over the next three years in order to turn the country’s research potential into commercial reality.

The investment comes from New Zealand’s Ministry of Business, Innovation and Employment, which is making the cash available through its Pre-Seed Accelerator Fund. Around NZ$15m has been allocated to five organisations in total.

The KiwiNet consortium is comprised from 12 partner universities (including Lincoln and Canterbury universities), research institutes and…

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