NZTE Funding

This is an excellent scheme that supports SME businesses to develop their business management capability. We encourage you to find out if your business can benefit from this scheme.

NZTE Capability Development Vouchers

If you have aspiratons to grow your business you may be eligible for an NZTE Capability Development Voucher.
NZTE Capability Development Vouchers are available to businesses to use as partial payment towards the cost of capability development training.

Activate provides the following services that are registered for the NZTE Capability Development Voucher Scheme:

Is your business eligible to access a Capability Development Voucher?

Regional Business Partners assess local businesses to determine what their needs are, and assist them with a plan to help them develop, grow and innovate.

To be eligible for a voucher a business must be:

Operating with 50 or less FTEs, be GST registered in New Zealand,
Be privately owned or a Maori Trust or Incorporation under the Te Ture Whenua Maori Act 1993 or similar organisation managing Maori assets under multiple ownership,
Have undergone assessment by a Regional Busines Partner.

Businesses should also:

Be exporting, have export potential, be involved in the export supply chain or have the potential to contribute to economic growth in the region.
Demonstrate commitment to improving management capability.
Have an identified gap in capability that can be addressed through management capability building and training.
To receive a Capability Development Voucher, a business must be registered on the Accelerate Success website.

Cost

Capability Development Vouchers are used to co-fund training and capability development up to a maximum of $5,000 per yer per business. The business must pay at least half of the training costs.

For more information on the NZTE Capability Development Voucher scheme or find your local Regional Business Partner here.

Alternatively contact us and we will put you in touch with your nearest assessor.