News & Announcments

International investors could bypass New Zealand

Date added: Monday, 08 March 2010 12:56

International investors could bypass New Zealand if problems with the Financial Advisers Act are not sorted out, says Colin McKinnon, NZ Private Equity and Venture Capital Association Executive Director.
The investment community is concerned about the requirement to have all financial advisers registered and qualified under definitions for parties giving investment advice under the new Financial Advisers Act.
Read NZVCA media release
 

Angels invest nearly $50 million in 2009

Date added: Thursday, 04 March 2010 13:23

More than $50 million was invested by angel investors into 63 young companies in 2009 - a 72
percent increase on the previous 12 month record of $29 million invested in 2008, based on
data collected by Young Company Finance.
Read the media release from NZVIF
 

CRI Taskforce report released

Date added: Thursday, 04 March 2010 00:00

The taskforce set up by the Government to determine how New Zealand can get the greatest benefit from its Crown Research Institutes has presented its report to shareholding Ministers.

The taskforce was asked to examine how CRIs can best deliver on the Government's economic priorities and respond to the needs of research users, particularly industry and business.  It was chaired by Neville Jordan, executive chairman of Endeavour Capital.

Read the report here>>

 

   

Upstart to help inventors

Date added: Tuesday, 23 February 2010 13:04

A new Dunedin business incubator aims to inventors a helping hand
With funding drying up and investors hunkering down, times are tough for the Kiwi backyard inventor. But Dunedin business incubator Upstart hopes to sidestep this lack of funding and maximise our inventive No 8 wire mentality through a new entrepreneur- inventor matching programme.
Due to launch next month, Upstart Den will provide a forum for local inventors to dust off their inventions and get together with entrepreneurs looking for new business ideas.

Read the article by Lesley Springall - The Independent

 

SMX Launches into Australia

Date added: Tuesday, 23 February 2010 12:55

New Zealand anti-spam and anti-virus company SMX has launched into Australia with the opening of a data-centre in Melbourne.

SMX managing director Jesse Ball says the Australian launch is part of an international growth strategy for which development capital was raised earlier this year. The fundraising round saw SMX raise $1.67 million from Sam Morgan's investment company Jasmine Investment Holdings, Stephen Tindall's K1W1 investment vehicle and Endeavour Capital (a New Zealand Venture Investment Company).
Read the media release on Scoop Business

   

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