Pushpay inks R&D funding agreement with Callaghan Innovation

Tue, 14 Feb 2017

By Rebecca Howard Feb. 15 (BusinessDesk) - Mobile app developer Pushpay Holdings has entered a funding agreement for a research and development grant from Callaghan Innovation. The deal allows for the funding by Callaghan Innovation of up to $5 million (GST exclusive) per annum of eligible R&D spend by Pushpay over a 36-month period, provided the terms of Callaghan’s R&D Growth Grant have been met, Pushpay said in a statement to the New Zealand stock exchange. "The funding will provide additional resources to deliver scale and growth...

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