Helping Business 'Incubators'
The Government is establishing a support agency and cash awards to help NZ's business incubators. Several of these incubators, typically providing work space and support services, have been established recently to help entrepreneurs and new businesses through their start-up and early stages of development. Examples include Unitec's Centre for Innovation and Entrepreneurship, Massey University's Albany campus incubator, Victoria University's Innovation Greenhouse, the Canterbury Innovation Incubator and Otago University's Innovation Centre.
A small Incubator Development Unit will be set up in Industry NZ. The Unit will then set up a national Incubator Network to share information about best practice and processes. The Unit will also promote incubation and technology transfer and help incubators make use of other Government programmes and services. In addition, Industry NZ will establish an informal Incubator Advisory Group, drawing on people with experience in business incubation, to provide practical advice to officials and the Minister.
New annual Incubator Awards will offer cash rewards to incubators in the Incubator Network, recognising those taking a lead in adopting best practice programmes and processes.
Contact for Enquiries
The Ministry of Agriculture and Forestry
Pastoral House
25 The Terrace
PO Box 2526, Wellington
Tel: 0800 00 83 33
Fax: +64 4 894 0720
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