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The company

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1. The company. We are New Zealand's leading innovation business, based ... Offices in Auckland, Wellington and Christchurch, Australia, Singapore. Revenue $65m ... – PowerPoint PPT presentation

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Title: The company


1
The company
We are a New Zealand-based company with an
international focus and reach
  • We are New Zealands leading innovation business,
    based on science and technology
  • Offices in Auckland, Wellington and Christchurch,
  • Australia, Singapore
  • Revenue 65m
  • 450 staff
  • 320-strong science resource, 50 with PhDs
  • New Zealand Government is the shareholder

2
IRLs Purpose
  • What is it that we do?
  • We Create Value for New Zealand
  • 500m revenue, directly attributable to IRL
  • technology platforms, by 2010
  • What does that mean for us
  • We will be financially stable
  • We will drive business growth and create new
    industries to deliver economic value for New
    Zealand
  • We will develop our people and infrastructure to
    ensure value creation is sustainable
  • We will constantly invest in world class science
    to maintain key technology platforms

3
Our Track Record
  • We have strong working relationships with
  • some of New Zealands and the worlds leading
  • companies. These include
  • Fonterra
  • Carter Holt Harvey
  • Telecom NZ
  • American Superconductor Corporation
  • National Cancer Institute USA

4
About rdjumpstart
  • Initially Project GDP
  • Established to
  • achieve economic growth for New Zealand
  • add value to the commercial success of SMEs
  • Partnership links science/technological
    institutes/universities with industry
  • Significant growth despite early stage

5
Our Partners
  • Wellington Institute of Technology
  • www.weltec.ac.nz
  • Manukau Institute of Technology
  • www.manukau.ac.nz

6
Defining Research and Development
  • Investigation, experimentation or development of
    a scientific or technological advance
  • Clearly identified uncertainty of outcome some
    degree of technological risk
  • Development or adaptation of new product, service
    or production process for new market demands or
    to incorporate new technological advances
  • Automation of manual production process
  • Preliminary studies or opinions on the
    feasibility of incorporating new technology

7
Our Experience
  • Companies want to innovate
  • Benefits of rd recognised
  • Focus is on production/cash flow
  • Lack of awareness of available resources
  • Time/money/expertise lacking

8
Projects Underway
  • Electro technology
  • Advanced design
  • Prototyping
  • Plastics processing
  • Process engineering
  • Materials

9
Our Direction
  • To define our business model
  • To expand our network of knowledge institutes
  • To include other Crown Research Institutes in
    the programme
  • To double the number of companies we assist
  • To establish international partnerships
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