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Financing a Business in New Zealand
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Financing a Business in New Zealand
If you are looking for incentives, aid or grants to help you start up a business in New Zealand the first step is to contact the experts of the Investment New Zealand agency (go to www.investmentnz.govt.nz and check the Service for Investors section of the website).
The agency will provide full consultancy in order to connect you with investment opportunities in the country, including:
- suitable prospects, recommended by sector specialists
- commercial advice and introductions to decision makers
- incentives and help offered by the New Zealand government.
Remember that the Investment New Zealand agency is the national government's investment promotion agency and is a division of New Zealand Trade and Enterprise (NZTE). Funds may be available and they will be tailored on your needs. A case-by-case approach applies here. If you are not an experienced businessman the following tips may be useful:
- treat negotiating for money with the same planning and thought as making a sale
- make your presentation carefully
- make sure your figures add up
- be confident without being bolshy
The agency has a great reputation worldwide. New Zealand is regarded as the most business-friendly country in the world and contacting this agency you will probably understand why.
More opportunities may come from the UK Trade & Investment, in particular if you start a trade with a representative over there. Check the opportunities of the UKTI Outward Mission Scheme, a program set to grant companies or business based in UK, expanding overseas and promoting UK goods and service but also overseas representatives of UK companies who can apply for support in trade missions. More info and contact at www.uktradeinvest.gov.uk.
Click here to Ask an Expert about Financing a Business in New Zealand