The Foundation for Research, Science and Technology (FRST) is a New Zealand royal entity based on the 1990 New Zealand Research, Science and Technology Foundation Act. Its mission is "to invest in research, science and technology for the results of New Zealanders to provide greater prosperity and security of the community."
In 2011, the New Zealand Research, Science and Technology Foundation merged with the New Zealand Research, Science and Technology Division to form the New Zealand Ministry of Science and Technology and Innovation. The New Zealand Department of Technology and Innovation takes over the policy and investment functions of the two institutions.
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