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PGP Round 9 has now opened. Applications must be received at MPI in Wellington by midday on Thursday 19 September 2013.
Also, results are now available for PGP Round 8, which closed in October 2012. Nine applications were received, requesting more than $81 million in Crown funds. Of these, eight proposals were declined and one was approved, after further information was received.
The Primary Growth Partnership is a government-industry initiative that invests in significant programmes of research and innovation to boost the economic growth and sustainability of New Zealand’s primary, forestry and food sectors
The scheme focuses on boosting productivity through ongoing investment in innovation and delivering long-term economic growth and sustainability across the primary sectors, from producer to consumer.
Investments cover the whole of the value chain, including education and skills development, research and development, product development, commercialisation, commercial development and technology transfer.
Industries included in the Primary Growth Partnership are:
Eight funding rounds have been held.
Budget 2009 included funding for PGP of $30 million for 2009/10; $40 million for 2010/11; $50 million for 2011/12; and $70 million per annum from 2012/13 to be appropriated to Vote: Agriculture and Forestry.
Each programme is a joint investment between the Crown and industry. Qualifying contributions by the co-investors must be equal to or greater than the Crown Primary Growth Partnership funding.
The minimum amount that the Primary Growth Partnership will co-invest, and which must be matched by industry co-investors, is $500,000 excluding GST over the lifetime of the co-investment programme.
PGP Programme Profiles booklet, June 2013
The Government has processes in place to ensure that programme funding is used in accordance with the PGP contract. MPI’s oversight includes a requirement for quarterly reporting against the contractual milestones, and progress payments are tied to this information. As part of MPI’s monitoring, it also carries out financial management audits within each programme.
Half-yearly updates on Crown investment in PGP Programmes will be posted here.
If you have questions regarding the PGP, please send an email to firstname.lastname@example.org or phone Joseph Montgomery, PGP Manager, on 04 894 0216 or Janet van Polanen, Primary Growth Partnership Advisor, on 04 894 0323. (Media, please call: 029 894 0328.)
Investment Advisory Panel
The Panel is responsible for using their expertise and judgement to advise on decisions about the allocation of PGP co-investments, to help ensure that PGP investments are able to achieve the aims of economic growth and sustainability.
In addition, you will also be reporting to the Panel (if successful at each stage) on the development of your business plan and the progress on your co-investment programme.
For more information on the Investment Advisory Panel visit People.
Please call Joseph Montgomery, PGP Secretariat Manager, on 04 894 0216 or Janet van Polanen, Primary Growth Partnership Advisor, on 04 894 0323, or email email@example.com