Story image

Labour slams Govt's millon-dollar tech start-up u-turn...

16 Jul 14

Just four days after calling Labour’s ICT Garage Grants ‘off the planet’, Science and Innovation Minister Steven Joyce has supported the policy and trumpeted funding for ICT entrepreneurs.

That's the controversial view of Labour’s ICT spokesperson Clare Curran, who branded the government's move "shamelessness"

Last Friday Labour announced its Digital Economic Upgrade which included Garage Grants to provide funding for entrepreneurs to turn their innovative ideas into the Xeros and Trade Mes of the future.

“That same day Steven Joyce condemned the policies as ‘off the planet’," Curran claims.

“In an astonishing feat of shamelessness, just four days later Mr Joyce has heralded $1 million in funding for ICT start-ups."

According to Curran, Labour’s policy provides three times that amount to ICT entrepreneurs.

“It’s clear that Steven Joyce has heard the industry welcoming our policies loud and clear," she adds.

“While he’s copying one of our policies he should adopt the rest as well. The industry has welcomed the whole package."

Soul Machines' virtual humans go mainstream
An Auckland AI firm renowned for its work creating ‘digital humans’ is now unleashing its creativity to the wider market.
Hands-on review: The Logitech R500 laser presentation remote
With a clever ergonomic design, you’ll never have to glance at the device, unless you deliberately look to use the built-in laser pointer to emphasise your presentation.
GCSB welcomes Inspector-General's report on intelligence warrants
Intelligence warrants can include surveillance, private communications interception, searches of physical places and things, and the seizure of communications, information and things.
Lightning Lab accelerator delves into tourism
“It’s great to see the tourism sector taking a proactive and collaborative approach to innovation."
Apax Partners wins bidding war for Trade Me buyout
“We’re confident Trade Me would have a successful standalone future," says Trade Me chairman David Kirk
Verifi takes spot in Deloitte Asia Pacific Fast 500
"An increasing amount of companies captured by New Zealand’s Anti-Money laundering legislation are realising that an electronic identity verification solution can streamline their customer onboarding."
Homegrown stress relief app to be launched next year
Researchers at the University of Auckland and an Auckland-based creative agency are working together to create a ‘world first’ app that they believe will help with stress relief.
How blockchain will impact NZ’s economy
Distributed ledgers and blockchain are anticipated to provide a positive uplift to New Zealand’s economy.