The New Zealand government has made changes to a $50-million investment fund for start-ups, aiming to boost venture-capital funding and make the programme self-sustaining.
Announcing the new look Seed Co-investment Fund, economic development minister Simon Bridges said the programme was being “refocused to achieve greater commercial returns and provide better support to new start-up companies”.
The SCF was set up in 2005 as an equity investment fund to match angel investor groups with small and medium-sized enterprises.
This article on Research Professional News is only available to Research Professional or Pivot-RP users.
Research Professional users can log in and view the article via this link
Pivot-RP users can log in and view the article via this link.