Get the support you need
Most government support takes the form of advice, and can include:
- information, programmes and tools to help you grow
- mentoring and introducing you to networks
- helping you develop new products and services
- subsidies and grants.
At first, you might not realise what will make the most difference to your business. Getting extra support can help.
If you specifically need money, you could apply for a grant. A grant is money given for a specific purpose that you don’t have to pay back. But many of these are co-funded – you’ll be expected to put in your own money too. If that's not an option, you could consider an investment or a loan.
Understand your options and where to start
What’s available to you depends on what type of industry you’re in and what stage your business is at. A good first step is usually to contact your regional business partner or local chamber of commerce to discuss what your business is eligible for. You can only apply for some grants and programmes once you’ve done this.
When applying, you usually need to show:
- your business plan
- your financial track record
- a strong business case for the money or support you want
- market research and validation if you’re a new business.
Before you apply, be strategic and weigh up the benefits of applying against the effort required. Applying takes time and can involve fees or other costs.
Support for new and established businesses
New businesses often need help figuring out what to do, where to go, and what to consider. Established businesses usually understand the basics and have experience to build on – but they may still benefit from support.
Here’s what’s available, free or at low cost:
- If you’re starting a new business or exploring a business idea, you can get help or mentoring from Business Mentors New Zealand.
- If your business is at any stage including growth, you can turn to the Regional Business Partner Network for assistance.
- If you’re a Māori business owner, support is available through Te Puni Kōkiri.
- If you’re part of a Māori collective, the Ministry of Business, Innovation and Employment can help.
- If your business operates in regional New Zealand, you may apply for funding via the Ministry of Business, Innovation and Employment.
- If you need support for research and development (R&D) initiatives or to take innovations to market, you can apply for grants through MBIE’s Innovation Services.
- If your business works in the primary sector or uses primary industry materials, the Ministry for Primary Industries offers grants.
You may also be eligible for grants or funding from Work and Income if you’re receiving benefits and want to start a business or become self-employed.
What's next
Guide to business tax
Paying employees
Reducing your tax bill
Funding your business
Business finance basics