This year the Government is injecting $74.6 million into increasing demand for research and development projects. The money will boost "Growth Grants" distributed by Callaghan Innovation.
But what real benefits are in it for Māori businesses?
Minister of Science and Innovation Paul Goldsmith says this research and development fund will help Aotearoa businesses get their ideas and products to the market sooner and further increase export revenues.
Read MoreTelco 2degrees recorded its first profit in 2016 as it doubled the size of its broadband subscriber base, it was announced today.
The 7-year-old mobile and broadband provider filed its 2016 financial statements today, which show a revenue of $702.7 million and a $13.4m profit.
Read MoreFormer shearing contractor Mavis Mullins' name will soon be up in lights alongside corporate luminaries Fletcher, Wattie's and Carter Holt Harvey.
The Dannevirke-based businesswoman is being inducted into the New Zealand Business Hall of Fame which makes her feel humbled and proud, but also "slightly amused" to find herself among such illustrious company.
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