At Grow Wellington we know investment is absolutely vital for world changing businesses, so we have made it our business to know where capital for growth can be sourced.
TechNZ
Grow Wellington is the Regional Business Partner for Tech NZ - the Ministry of Science and Innovation's business investment programme.
Tech NZ is focused on growing world class New Zealand companies through innovative technology.
MSI is looking to invest $40 million in 2010/2011 generally at a rate of 50% across a range of companies, from early stage to mature companies and in four priority sectors: ICT, Food and Beverage, Manufacturing, Biotechnology. Investments outside of these areas are on a discretionary basis.
Applications follow a straightforward process: following discussion with Grow Wellington, applicants complete a new client registration form and an online application form. The application is reviewed and if successful, contracts are completed and the project can commence. Tech NZ reimburses the applicant once the work is complete and a project report and invoicing is provided. Typical timeframes for approval can range from one week to a month, depending on the size and the complexity of the project.
For more information or to start the application process please contact Mikesen Breakfast.
AngelHQ
Angel HQ is the Wellington region’s angel investment network. We can help young companies with aspirations for high growth get the investment they need to achieve their goals, while generating a healthy return for investors. We’re known for our prediliction for deals with a certain ‘geek’ factor in them, technology is one of our preferred areas of investment.
Angel HQ connects high net worth investors with the most exciting and dynamic of our early stage companies. AngelLink is SCIF accredited.
Our team evaluates companies who apply for funding.
Applications are made online and the process is as follows:
- Phone or Skype interview with club manager
- Pre-screening meeting with several club members
- Full screening by club manager and team
- Invitation to present at a club meeting, held quarterly
Typically, individual angels will invest between $20,000 and $100,000 in any one deal. More often than not, club deals are syndicated with other member clubs, networks and partners in the Angel Association NZ.
For investors, angel investing is a great way to help develop our local economy, mentor the next generation of entrepreneurs with hard-won skills and experience, and get exposure to the best innovative high-growth companies in the Wellington region and in New Zealand. Sound interesting? Apply for membership, or contact Marie-Claire Andrews for more information.
Angel investors are high net-worth individuals who provide seed capital for start-up businesses, usually in exchange for equity. They also bring business skills, connections and other forms of assistance. Our angels have business and personal networks spanning New Zealand, Australia, the UK, US, Singapore – and Trinidad! And they have experience and networks in the following industries (and many more not listed here):
Industry Expertise:
- smartphone development
- social media/community building
- film production/media
- software development/web development
- IT services
- financial services
- telecommunications
- biotechnology