Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Industry NZ Helps Close The Entrepreneur Gap

16 November 2001

Industry NZ Helps Close The Entrepreneur Gap

Industry New Zealand is working to remove some of the barriers to entrepreneurship identified by the Global Entrepreneurship Monitor (GEM) report.
“The GEM study shows we have the talent, innovation and entrepreneurship to create world competitive businesses,” Industry New Zealand Chief Executive Neil Mackay said today.
“The challenge is to turn these intangible assets into successful businesses,” he said.
“Industry New Zealand has a number of programmes, which tackle the issue from different directions, that do this.”
These are:
BIZ which provides free practical training, business advice and management up skilling for small and medium size businesses. (BIZ receives an average 120 calls a day on its 0800 number)
BIZinvestmentready which runs seminar-style training for innovative businesses and entrepreneurs on capital raising and investment training. (33 companies have raised over $18.6 million)
BIZenterprise awards which provide grants, usually to bring in outside expertise, for small businesses with expansion plans. ($1.9 million has been awarded to 271 companies in the year to the end of June 2001)
The Incubator Development Programme which helps business incubators mentor and guide entrepreneurial companies through their start-up phases and move them into commercial operation. ($950,000 has been awarded to 12 business incubators)
“Every day at Industry New Zealand we help the nation’s entrepreneurs through these programmes with practical advice, passing on contacts, clearing road blocks and where necessary funding,” Mr Mackay said.
“New Zealanders with bright ideas, the know how and the focus to succeed must be nurtured, encouraged, supported and celebrated.”

Ends/…

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news