Financial Support Opportunities

New Zealand Trade and Enterprise offers assistance to businesses looking to expand, including entering new markets, and commercialising new products.

Enterprise Development Grants – Capability Building component

Funding is available for businesses and entrepreneurs to undertake strategic business development, a feasibility study or marketing planning, employ specialised advice, or undertake NZQA-endorsed training. Up to a maximum of 50 per cent of the qualifying cost is available for individual or groups of businesses. Businesses are also able to apply for co-funding to engage an advisory board for period of up to three years.

Enterprise Development Grant - Market Development Component

Financial assistance is available for companies committed to and capable of offshore market development. This fund will cover up to 50 per cent of a company’s eligible market development expenditure that is related to developing an international marketing strategy in a new market or to undertake new activity in an existing market. Eligible activities include market visits, in-market representation, advertising/promotion/marketing collateral, exhibiting at trade fairs and events, and market research.

For more information click here or alternatively call Venture Hawke's Bay on 06 834 1918 to confidentially discuss your eligibility.

Growth Services Fund

Co-funding is available to support high growth potential firms to purchase external advice and expertise, market intelligence and development services, to help them achieve their growth potential within a much shorter timeframe. Co-funding up to a maximum of 50 per cent of the costs of qualifying projects is available for individual or groups of firms to access new business opportunities, skills and expertise, innovation and new technologies and finance. The fund is accessible only for businesses that have clear and significant growth potential and for which a development plan has been compiled with an NZTE client manager.

For more information click here. 

New Zealand Export Credit Office (NZECO)

The NZECO is the officially supported export credit agency for New Zealand.  Their products help exporters manage risk and capitalise on trade opportunities around the globe. The NZECO aims to develop New Zealand's export trade and to build the capacity of New Zealand exporters to offer longer-term finance in response to international business opportunities. 

The NZECO is now offering the Short Term Working Capital and General Contract Bond Guarantee products via participating banks, Kiwibank, Westpac and ANZ-National.

Click here to see information on these products and the US Surety Bond Guarantee product - which exporters have recently used to win contracts in the US.  Click here for a case study of one of these US transactions.

The NZECO website includes information for exporters and banks interested in the NZECO's credit facilities.