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


Brian Mayo-Smith joins NZ Venture Investment Fund

22 February 2006

Brian Mayo-Smith joins New Zealand Venture Investment Fund (NZVIF) Board

The New Zealand Venture Investment Fund (NZVIF) is pleased to announce the appointment by the Hon Trevor Mallard, Minister for Economic Development, of Auckland based company director Brian Mayo-Smith to the NZVIF Board of Directors.

Brian Mayo-Smith is a Chartered Accountant and Partner at BDO Spicers, who are one of the top Chartered Accounting and Business Advisory firms in New Zealand.

Mr Mayo-Smith is also a Director of a number of private companies, particularly in the Information Technology arena.

NZVIF Chairman John Grant said “the Board is very pleased to have attracted a Director with such a strong understanding of the issues facing the venture capital industry in New Zealand today.

Brian’s knowledge of New Zealand capital markets, his experience of investing in early stage technology businesses and his experience of investing in venture capital funds makes him ideally suited to join our Board” John Grant commented.

John Grant added “Brian also has extensive experience and expertise in corporate governance and due diligence, and he has worked professionally across a diverse range of businesses in New Zealand and overseas.”

In 2005, the $40 million Seed Co-Investment Fund was added to the NZVIF responsibilities, increasing the scope of its operations. The Government fund provides seed funding for co-investment with selected private investors and complements the existing $100 million VIF Venture Capital program, also a Government fund.

John Grant said “the Ministerial appointment was made following a selective search conducted by Government to find the right person to work with us on the Board’s enlarged role in fostering a vibrant venture capital market in this country.”


© Scoop Media

Business Headlines | Sci-Tech Headlines


Voluntary Administration: Renaissance Brewing Up For Sale

Renaissance Brewing, the first local company to raise capital through equity crowdfunding, is up for sale after cash flow woes and product management issues led to the appointment of voluntary administrators. More>>


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>


Media Mega Merger: Full Steam Ahead For Appeal

New Zealand's two largest news publishers have confirmed they are committed to pursuing their appeal against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>


Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>