Articles tagged with Primary Sector Growth Fund
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$1.97M Investment to Restore Southern Scallop Fishery and Boost Economy
02 Sep 2026 | 1 week ago | 184 viewsThe New Zealand Government is investing $1.97 million alongside industry partners in a seven-year programme to restore the southern scallop fishery in Tasman and Golden Bays, aiming to rebuild the marine habitat and create a self-sustaining fishery. The project involves restoring 39 hectares of seabed by placing mussel shells to improve conditions for scallops, addressing past habitat degradation and poor juvenile survival. With strong support from iwi and industry, the $5.02 million initiative is expected to generate $21 million in revenue over 20 years, benefiting the regional economy, biodiversity, and community wellbeing.
Tags: Shane Jones Challenger Scallop Enhancement Company southern scallop fishery Primary Sector Growth Fund Tasman Bay Golden Bay New Zealand scallop restoration marine habitat Top of the South iwi$1.97M Investment to Restore Southern Scallop Fishery and Boost Economy
02 Sep 2026 | 1 week ago | 156 viewsThe New Zealand Government is investing $1.97 million, alongside over 60% industry funding, in a seven-year program to restore the southern scallop fishery in Tasman and Golden Bays, aiming to rebuild the fishery, marine habitat, and biodiversity. The project involves restoring 39 hectares of seabed using mussel shells to improve habitat conditions, supported by science, innovation, and collaboration with iwi and industry stakeholders. This restoration is expected to generate approximately $21 million in new revenue over 20 years, benefiting the regional economy, seafood sector, and community wellbeing.
Tags: southern scallop fishery Shane Jones Challenger Scallop Enhancement Company New Zealand Primary Sector Growth Fund marine habitat restoration Tasman Bay Golden Bay scallop restoration Top of the South iwiGovernment Funds $4.6M Hyperspectral Imaging to Boost NZ Apple Industry Profitability
28 Aug 2026 | 1 week ago | 191 viewsThe New Zealand Government is funding a $4.6 million research project, led by agritech company Hectre, to develop hyperspectral imaging technology that non-destructively assesses the internal quality of apples in packhouses. This innovation aims to improve detection of defects and fruit maturity in real-time, enhancing storage, packing, and export decisions to reduce waste and boost fruit quality. The project targets at least 80% detection accuracy by 2027 and seeks to strengthen the apple industry's productivity, export performance, and global competitiveness.
Tags: Todd McClay Hectre apple industry hyperspectral imaging horticulture New Zealand Primary Sector Growth Fund agritech productivity export performanceGovernment Invests $750K to Boost New Zealand Blackcurrant Industry & Exports
18 Aug 2026 | 3 weeks ago | 252 viewsThe New Zealand Government is investing $300,000 alongside industry funding to support a three-year project aimed at transforming the blackcurrant sector into a global leader in premium, health-focused ingredients. The initiative will enhance local value by refining juice extraction to produce high anthocyanin extract powder, supporting research, market development, and promoting New Zealand blackcurrants internationally. This innovation seeks to increase growers' earnings, boost export opportunities, and strengthen New Zealand's position in global health and nutrition markets.
Tags: Todd McClay New Zealand blackcurrant agriculture health ingredients Primary Sector Growth Fund anthocyanins export markets JapanGovernment and Industry Partner to Boost New Zealand Strong Wool Value with Innovative Products
11 Jun 2026 | 3 months ago | 576 viewsThe New Zealand Government and industry are partnering to transform strong wool into high-value products like inks, 3D printing materials, and bioplastics through an $8 million contribution to a $20 million project led by Wool Source Manufacturing Limited. The initiative will establish a large-scale manufacturing facility in Christchurch to produce wool-derived particles and powders for global markets worth over $50 billion, promoting sustainable, renewable alternatives to fossil fuel-based materials. This project aims to increase farmgate returns, support rural communities, and redirect up to 20% of the strong wool clip into premium applications, enhancing the sector's resilience and sustainability.
Tags: Todd McClay Mark Patterson Wool Source Manufacturing Limited New Zealand strong wool Primary Sector Growth Fund Christchurch bioplastics 3D printing Agriculture MinisterInnovative Investment Boosts New Zealand's King Salmon Feed Development for Export Growth
03 Jul 2025 | 1 year ago | 2999 viewsThe Government is backing innovation to grow New Zealand’s high-value aquaculture exports, with a $455,000 investment from the new Primary Sector Growth Fund to support the development of specialised feed for King salmon, Agriculture, Trade and Investment Minister Todd McClay announced today. The $1. 2 million project—led by global aquafeed company Skretting—will design feed tailored specifically for New Zealand’s King salmon, supporting the growth of open ocean farming and helping reduce costs for local producers.
Tags: Government innovation aquaculture exports investment Primary Sector Growth Fund Todd McClay agriculture trade King salmon