No matter what your industry, there are a variety of government grants and incentives to help you grow your business. The key is getting legitimate advice about which are the best fit for your business, and how to apply for them.
Research and development (R&D) funding, managed by Callaghan Innovation. There are a range of grants to meet business needs – whether you are a young start-up or an established R&D performer. Find out more on Callaghan Innovation's website (external link) .
Capability development vouchers, managed by New Zealand Trade and Enterprise (NZTE). These can be put towards the cost of staff development and training, and are available to businesses with less than 50 full time employees. Check if you're eligible for the vouchers.
Business growth funding, available through the 14 regional business partners around the country. These work with local businesses to give advice, support and access to funding for business growth initiatives.
If your company wants to expand overseas, or grow its export market, call NZTE on 0800 555 888 if you’re not already working with this government agency. While specific grants aren’t available for exporters, co-funding may be available as part of a planned package of services.
See NZTE’s flowchart of potential sources of capital (external link) to fuel growth.
The Commerce Commission recently warned (external link) against paying organisations for grant-finding assistance. Of particular concern is the New Zealand Small Business Assistance Centre (NZSBAC).
Only trust online information that comes directly from the New Zealand Government or its agencies. Remember: