Thanks to funding from the Government’s Jobs for Nature Mahi mō te Taiao programme, Predator Free 2050 Ltd (PF2050 Ltd) has provided $4.8 million in funding for companies developing predator eradication tools and ‘best practice’ for their use, while creating and supporting jobs.
The company sought expressions of interest in funding in January 2021 and following the assessment of 59 applications, PF2050 Ltd. will disburse the investment to seven companies over the next 3 years.
The newly funded developments are expected to be completed by June 2024, providing 11 tools and 3 best-practice guidelines, complementing the 15 tools already being delivered from the earlier investments (see First Funding Round below), and guidance on mātauranga (traditional knowledge) for predator eradication. For more information on the successful projects click here.
An alliance with the Provincial Growth Fund has enabled Predator Free 2050 Limited to fast track research, development and production of new predator control and eradication tools and technologies.
The company sought expressions of interest in funding in March 2019 and, following assessment of 62 applications and has contracted a total of $6.5m for this funding round.
The first five successful projects were announced in November 2019.
A further four projects were announced in July 2020.
The final three projects were announced in November 2020.
Watch all first funding round Products to Projects highlight videos.