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flag New Zealand's Marsden Fund faces $20M cut, shrinking grant pool and impacting science sector.

flag New Zealand's Marsden Fund, a major research grant program, will reduce its allocation by over $20 million due to government cuts, dropping the pool to $55.8 million for 2026 from about $80 million this year. flag Fewer grants will be awarded, and the impact on the science sector could be significant. flag The fund previously shifted focus to economically impactful research and stopped funding social sciences and humanities.

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