$9.7 Million Invested In Tertiary Education

$9.7 Million Invested In Tertiary Education Innovation

The government is investing $9.7 million in 11 projects fostering innovation in tertiary education, Tertiary Education Commission (TEC) Steering and Investment Group Manager Clare Ward announced today.

“Innovation is key to enhancing the quality and relevance of tertiary education and ensuring it is a driver of New Zealand’s economic, social and cultural development,” Clare Ward said.

The new projects offered funding in the 2007/08 financial year are run by universities or institutes of technology and polytechnics.

The projects include development of a Biomolecular Interaction Centre in Canterbury, implementation of e-Learning guidelines across the tertiary sector, and establishment of a National Energy Research Institute.

“These projects are good examples of the kind of innovation happening in our tertiary sector, across a range of different fields,” Clare Ward said.

The new funding comes on top of the $30 million previously allocated to 34 projects through the TEC’s Innovation and Development Fund (IDF) over the past three years.

This is the last round of funding under the IDF. From next year, the government is introducing a new way of investing in tertiary education that will include funding for innovation and capability development.

For a list of successful applicants visit TEC website

ENDS

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