Scoop has an Ethical Paywall
NZ V.C. industry needs more money
NZ V.C. industry needs more money
By Peter Kerr for sticK
(sticK - 18 March 2011 ) From what I gather, the NZ Venture Investment Fund needs more capital input to be able to continue backing seed and start up companies.
It hasn't (yet) made enough of a return on its investments to start pumping that money into new ventures.
As NZVIF chief executive Franceska Banga says, "we do need to see new venture capital funds emerging if young technology companies are going to consistently have access to New Zealand investment capital."
Of course even as New Zealand's angel investment scene grows ever stronger, along with the rest of the world everyone's seeing a shortage of venture capital funds.
Click to read the rest of this
story
http://sticknz.net/2011/03/18/nz-v-c-industry-needs-more-money/
For sticK – science, technology, innovation & commercialisation KNOWLEDGE - is a new Wellington based news service concentrating on following the money from ideas to income. Contact editor Peter Kerr at peter.kerr055 @ gmail.com
Peter Kerr
Message maker
Writer, communicator, simplifier, storyteller.
Versed in the art and science of translating something complicated into an understandable message.
Air NZ: Ka Rere - Air New Zealand Championing Māori And Pasifika-Owned Businesses
Wellington Airport: Half-Year Unaudited Results To 30 September 2024
Greenpeace: Seabed Mining Sinks Offshore Wind Industry
PSA: Lives Of Workers At Risk From Latest WorkSafe Restructure Plan
Foodstuffs NZ: Foodstuffs Co-Ops To Examine ComCom's Full Decision Before Deciding On Merger Appeal
Plant and Food Research: World First Discovery Shows New Molecule In New Zealand Blackcurrants Inhibits An Enzyme That Degrades Dopamine
