Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


More support for business incubators

Hon Jim Anderton
Minister for Economic, Industry and Regional Development
Hon Pete Hodgson
Minister of Research, Science and Technology

More support for business incubators

The government's support programme for business incubators is being boosted by $1.6 million a year.

Budget 2003 contains an additional $ 6.4 m over four years to lift the proficiency and scale of New Zealand incubators to internationally recognised standards.

“The number of business incubators in New Zealand has grown from two to 15 in eighteen months," said Economic Development Minister Jim Anderton. "This is excellent news for the development of new high growth businesses. Incubators provide comprehensive business assistance programmes and space for entrepreneurs and innovators to get new enterprises up and running."

The Incubator Support Programme, delivered through Industry New Zealand, comprises a management support service and annual cash awards for incubators adopting best practice programmes and processes. The rapid growth in the number of incubators has increased the need for the funding, advice and assistance offered by the government to ensure that NZ incubators are world class.

"Incubators are still relatively new to New Zealand but already their results show their value in creating new businesses," said Research, Science and Technology Minister Pete Hodgson. "In the last 12 months companies in incubators have raised $10 million in private investment and have created an additional 113 jobs. Increased support from the government now will allow incubators to build on that success."


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Peters/Ardern Triumph

There are a lot of good reasons to feel joyful about this outcome. It is what so many young voters – the best hope for the country’s future – wanted.

Far more important than the implications for the Economy Gods ( is the dollar up or down? ) last night’s outcome will also mean many, many vulnerable New Zealanders will have a better life over the next three years at least.

Yet the desire for change was in the majority, across the country..>>>More


Labour on its agreement |Peters: Post-Election Announcement Speech | Greenpeace “cautiously hopeful” about new Government | ACT - Madman on the loose | E tū ecstatic | Chamber welcomes the outcome | Greens on their joining Govt | EDS welcomes new govt | Immigrant groups worry | Feds ready to engage new coalition government | Labour Ministers of the Crown announced


Climate: Increasing Greenhouse Emissions Hit NZ

New Zealand is seeing impacts of excess greenhouse gas emissions in our climate and oceans, according to the latest national report from the Ministry for the Environment and Stats NZ about the state of the atmosphere and climate…More>>


Wellington.Scoop: Arrests At Blockade Of "Weapons Expo"

“We encourage people in Wellington to get down to the Westpac Stadium now for a day of awesome peace action. There will be plenty of food, music and activities to keep us sustained through the day.” More>>


Rorschach Restructuring: PSA Taking Inland Revenue To Court Over Psychometrics

The Public Service Association will be seeing Inland Revenue in Employment Court over its intention to psychometrically test employees reapplying for their roles at the department as part of its controversial Business Transformation restructuring plan. More>>


Nuclear Disarmament: Nobel Peace Prize 2017 Awarded To ICAN

Congratulations from iCAN Aotearoa New Zealand to international iCAN, the other iCAN national campaigns and partner organisations, and the countless organisations and individuals who have worked so hard for a nuclear weapons-free world since 1945. More>>


Expenses: Waikato DHB CEO Resigns

An independent inquiry has identified that Dr Murray had spent more than the agreed $25K allocated for relocation costs, and other unauthorized expenses involving potential financial breaches of the chief executive’s obligations. More>>


Wellington.Scoop: Sad About The Trolley Buses?

The Regional Council’s MetLink is today spending money to tell us that it really loves Wellington’s trolley buses, even though they’re all being taken off our roads by the end of this month. More>>


Post-Election: Preliminary Coalition Talks Begin

New Zealand First will hold post-election preliminary discussions in Wellington with the National Party tomorrow morning and the Labour Party tomorrow afternoon. More>>




Featured InfoPages

Opening the Election