November 24, 2022
University looks for Māori inventors
Auckland University’s commercialisation arm UniServices wants more Māori on board to take advantage of its Inventors Fund.
The fund, which is for investment in start-ups and research with commercial potential coming out of the university, has been increased to $40 million.
Tui Kaumoana, UniServices’ kaiarahi Māori, says she’d like to see 20 percent of the fund going towards kaupapa Maori-driven projects.
A major part of that is protecting intellectual property in matauranga Maori, driven by guidance from the Waitangi Tribunal WAI 262 claim.
“So we are creating a safe space for Maori to come, and feel safe that their ideas will be protected, fully – and then we will manaaaki them through the process for their ideas to flourish,” she says.
Tui Kaumoana, whose own entrepreneurial experience includes running seven night markets, says the initial $20 million fund invested in 43 ventures, including the development of a hangi in a bottle liquid smoke product.