Investment Opportunities
Investment Opportunities
In our Technology for Business Growth (TBG?) scheme we provide regular updates of the funding currently available for our business customers.
This funding is targeted at companies which are, or have potential to be, high growth and globally competitive. These high-performing companies are a mix of start-ups and established companies, spread across four key sectors:
- Biological industries: this includes food and beverage and other industries that utilise raw materials grown locally.
- Biotechnology: this includes human therapeutics, biotechnology and medical devices.
- Specialised manufacturing: this sector covers the NZ manufacturing base.
- Information and communication technologies (ICT?): this sector includes software, electronics and related industries.
The table below is updated regularly and shows you the funding available for the year and the type of investments we are seeking within each sector.
A sector-based investment approach to this scheme was introduced in the 2007/08 financial year. Within each sector we rank proposals and choose those that best meet our criteria.
It is important that you look at the table below before you submit a proposal, as funding allocated and therefore funding remaining can vary during the course of the year.
2007/08 Investment Opportunities- updated February 2008
| Sector name | 2007/08 Budget | Investment direction |
|---|---|---|
| Biological Industries | $9 million | We are keen to grow this sector and invite applications. This sector is a priority for the Foundation?. |
| Biotechnology | $6 million | We welcome proposals that can demonstrate a strong benefit to NZ. |
| Specialised Manufacturing | $6 million | Proposals that lead to strong global growth are sought. |
| Information and Communication Technologies | $7.5 million | We wish to grow the Electronics sector and invite proposals. However, strong competition in the software area means that only outstanding proposals can be funded in this sub-sector. |