Yes, here is how: Research & Development Funding If you are a small company investing in product development, check out what is available through Callaghan Innovation. Business advisory servicesThe Regional Business Partner Network can back small businesses, with advice, support, and access to funding for business growth initiatives. Capability development vouchersIf you employ fewer than…
Day: December 16, 2022
Should you sell a stake in your business?
Like every plant needs water and sunlight to grow, every business needs financing. Starting a business or expanding an existing one requires investment, and it can often be confusing for small companies to weigh up their options. Is it time to sell a stake? As a business owner, you may struggle with the concept…
What does the Fair Pay Agreements Act mean for you?
New Zealand has a new system of employment bargaining with the passage of the Fair Pay Agreements (FPA) Act which took effect from 1 December last year. Fair Pay Agreements bring unions and employer associations together to bargain for minimum employment terms for all covered employees within a sector or occupation. Visit Employment New…
Your alternative funding options
An outright stake sale might not be the best fit for your company. Here are three different paths you could take: Asset finance: A loan to pay for a particular business asset, such as a vehicle or piece of machinery. Pros Interest rates can be competitive if you are able to go through a…
What lenders want to know about your business
While getting a business loan from a bank can be painful (with reams of red tape to wade through), it’s not impossible. Here’s what banks are looking for. Motivation: Why are you in business, and what is your vision for the future? You should be able to explain this in a few short sentences.…
Why angel investors can be a godsend
If you run an innovative company offering the world something new, a partnership with an angel could be right for you. Angel investors are a great match for fast-growing businesses who want funding and are willing to hand over a slice of equity. In most cases, there are no collateral obligations to angel investors…
Digital boost for SMEs extended
At the height of the pandemic in 2020, the government announced its free Digital Boost support package to help small businesses transition to a digital world. The scheme was such a success, the following five services will be available until the end of June. Real world video case studies, showcasing how small Kiwi businesses…