Grants and other financial assistance
Many New Zealand businesses, especially new or growing ones, need extra investment from time to time. If your business has potential, or you're developing a new product, expanding into new markets, carrying out research, or looking to employ extra staff, you may be eligible for financial help such as grants from Government or industry organisations.
The Government have announced a new flexible grant to assist New Zealand businesses growing globally. From 1 July 2009, there will be one single fund offered by New Zealand Trade and Enterprise. The fund will target businesses with high growth potential or who have an established global presence and wish to expand their operations. The three existing NZTE grant programmes are being consolidated into the new single fund.
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Improve your business capability with the help of expert advice. New Zealand Trade and Enterprise offers grants up to NZD$20,000 to help increase the skills and expertise of small businesses. Activities eligible for funding include mentoring, business planning and e-commerce strategies.
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If your business is exporting, or about to start, you could be eligible for a Market Development grant. You can apply for funding of up to NZD$100,000 per year, for up to five years, to help your business expand into new international markets. Eligible activities include market visits, trade promotion and attending trade fairs. Read more about the grant and how to apply.
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The Australia New Zealand Biotechnology Partnership fund supports trans-Tasman biotechnology collaboration. There are four categories of grants available depending on the type of project you are starting. Find out if your business is eligible and more information on the application process.
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There are many ways your business can benefit from investment in research and development. The Foundation for Research, Science and Technology has various grants and expert services designed to help your business meet its innovation potential.
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The Foundation for Research Science and Technology has funding available for investments in businesses that contribute to beneficial economic, social and environmental outcomes for Maori. Discover what the foundation invests in to support Maori innovation and about their specific investment framework.
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Do you spend over 5% of your total business costs on energy? The EECA offers audit funding to determine your total energy use and cash grants for energy efficiency projects. Funding is intended for projects that reduce energy use with the potential to be applied across an industry. Read more about the grant and how to apply.
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The Enterprise Culture and Skills Activities (ECSA) Fund is designed to support the development of business success in New Zealand. Learn how to apply for this annually contestable fund, what projects are appropriate for funding, and background information about previously funded projects.
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Work and Income’s Enterprise allowance is designed to help unemployed job seekers start their own business. The grant can help you get your business off the ground and you can choose how to use it. You may also be eligible for an additional training grant to help you develop your business skills or get professional business advice.
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