The region's economic development boss said he will be making a bid for a slice of $25 million funding for a Regional Research Institute to boost the region's primary industries.
David Wilson said yesterday's Budget 2015 announcement was good news for Northland with funding being made available for between one and three "privately-led" regional institutes over the next four to five years.
The Minister of Science and Innovation, Steven Joyce, said the 2016/17 funding would support "best case proposals" outside of Auckland, Wellington and Christchurch to "maximise the unique business, technology and economic growth opportunities in a region".
The institutes would focus on scientific research relevant to a particular region, with a strong emphasis on the transfer of research into new technologies, firms and products and services to create new jobs and lift incomes, Mr Joyce said.
He said institutes would be funded from a mixture of public and private sources and modelled along the lines of Nelson's Cawthron Institute.