Are you aware that your business may be eligible for assistance
in the form of grants, business advice or even overseas office
From research and development to hiring labour, there is a wide
variety of assistance available to New Zealand businesses. It is
commonly misconceived that the help is only for start-ups, but
there are also a number of initiatives for mature organisations of
all sizes. Grants may be given to develop new products and markets,
including research and development and commercialisation of your
ideas. There are a number of subsidies available if you are in a
position to provide roles for the long-term unemployed,
disadvantaged or people with disabilities. In addition, if you are
exploring international markets, there are also services provided
by overseas organisations such as the Japan External Trade
How can you access this funding?
In the first instance, contact your local TechNZ Partner:
Whilst some of the larger funding applications may take some
time to process, it could take just a few days to process the under
$5,000 funds and around 2-3 weeks for a decision on applications up
to $30,000. The majority of funding is on a 50/50 basis paid at the
end of the project. Claims cannot be retrospective, so if you are
about to start an R&D project, or trying to access a new
market, then look for assistance now!
If you are interested in the opportunities for employers see the
Work and Income New Zealand website at www.workandincome.govt.nz
for details on how to apply.
Further details of all of the assistance on offer is available
in the PDF document below, with a table including easy to use links
to relevant websites. You may also wish to contact your usual
advisor for further assistance with the application processes.
Download the February
2013 Summary of Government Assistance