Parliament

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

 

$1.8 million boost for business incubators

$1.8 million boost for business incubators

Eleven business incubators have been given a combined $1.8 million boost from Industry New Zealand’s Incubator Development Programme.

"The Incubator Development Programme is relatively new but is already proving extremely successful," says Associate Minister for Industry and Regional Development Pete Hodgson.

"In 2002 the annual turnover of the 103 companies in incubators that have received Industry New Zealand funding more than doubled, to an average of $237,000. These companies have also more than doubled their staff numbers, on average, and they have raised $10 million in equity funding."

Incubators typically provide workspace, support services and an intensive mentoring programme for entrepreneurs and new businesses at the start-up and early stages of development.

Industry New Zealand’s programme has been designed to help get a network of incubators up and running in New Zealand and to help ensure their long-term survival, by encouraging best practice in incubator management.

The $1.8 million granted in the latest round of incubator awards included funding for mentoring, marketing plans, commercialisation of intellectual property, information technology and salaries. Incubators housing high-growth potential companies with export and global opportunities are targeted for support.

The recipients of the latest awards were:

Auckland

E Centre (Albany) - $270,000 Contact - Steve Corbett, Phone: 09 443 9793, Mobile: 027 467 2167 Web: http:// http://www.e-centremassey.org.nz The Icehouse - $200,000 Contact - Andrew Hamilton, Phone: 09 309 1510, Mobile: 027 496 0101 Web: http:// http://www.theicehouse.co.nz

AUT Technology Park - $230,000 Contact – Jonathan Kirkpatrick, Phone: 09 917 9507, Mobile: 021 664 694 Web: http:// http:// http://www.techpark.aut.ac.nz Auckland Fashion Incubator - $100,000 Contact - Kim Fraser, Phone: 09 917 9572, Mobile:027 481 9456 Web: http:// http://www.fashionincubator.co.nz Westsmart Business Incubator - $100,000 Contact - Mandy Richards, Phone: 09 837 7491 Web: http:// http://www.enterprisewaitakere.co.nz/index.cfm/WestSmart

Wellington

Creative HQ - $150,000 Contact - Mark Blumsky, Phone: 04 803 3349, Mobile: 027 441 9446 Web: http:// http://www.creativehq.co.nz T-Up (formerly Innovation Greenhouse, Wellington) - $150,000 Contact: Robert Acton, Phone: 04 920 7615, Mobile: 021 842 421 Web: http:// http://www.innovationgreenhouse.co.nz Innovation Greenhouse Porirua - $100,000 Contact - Dayle Lakeman, Phone: 04 237 5590, Mobile: 027 445 8720

Christchurch

Canterbury Innovation Incubator, - $270,000 Contact - Steve Hampson, Phone: 03 366 0154, Mobile: 025 227 9854 Web: http:// http://www.cii.co.nz

Dunedin

Dunedin Fashion Incubator - $100,000 Contact - Geoff Terpstra, Phone: 03 471 9974, Mobile:027 222 4134 Web: http:// http://www.dfi.co.nz Otago Centre for Innovation - $130,000 Contact - Ian Smith, Phone: 03 479 8513, Mobile: 021 370 980

For more information on the incubator development programme visit: http:// http://www.incubators.govt.nz

© 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


Reaction

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>>

ALSO:


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>>

ALSO:

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>>

ALSO:

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>>

ALSO:

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>>

ALSO:

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>>

ALSO:

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>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election