Aug 8, 2020
New Zealand is fast asserting itself as a top innovation and investment destination, with a broad foreign business community directly investing into the country’s economy spanning various industries
Wellington, New Zealand - August 8, 2020 —
The country is an advanced market economy that has made a name for itself on a world stage, especially in terms of innovation, thereby making it the perfect choice for feasible and attractive investment.
About 30 years ago, a savvy investor would never have even considered investing in the country’s services or products, because the country itself was still trying to shake off its well-known image of “the little brother to Australia.” The past 10 years have seen the country forge its own identity, with widespread state-of-the-art infrastructure, traversing various industries, which in turn tripled the investment within the country.
New Zealand is not only becoming well-known for its investment opportunities but also home to some scientific discoveries through innovation. The notable Zealanders that contributed to major scientific discoveries include William Pickering for rocket science, Ernest Rutherford for splitting the atom, Alan MacDiarmid for conducting polymers, Maurice Wilkins for helping elucidate the DNA structure and Beatrice Tinsley for galaxy formation, amongst several others.
The broad range of industrial investment opportunities that are presented by New Zealand have interested investors and innovators, who have become more versatile as the country grows to become a major player on the world stage through cutting edge innovation. For new investors that are willing to invest in the country, there are government agencies and a rich ecosystem that supports innovations, entrepreneurship and new investments. These include the following.
• The Ministry for Business Innovation and Employment (MBIE). This ministry is structured to include strong support for innovations that lead to social, economic and environmental development, among other
• The Edmund Hillary fellowship (EHF). This was formed with inspiration from the story of Sir Edmund Hillary and is designed to help entrepreneurs 'overcome mountains' like he did, and bring their global impacting ventures to life, from New Zealand.
• EHF Catalysts. Aside from government partners, the EHF also comprises of catalysts spanning industry leaders who are leverage their exclusive networks, expertise, and resources to help further the impact of the EHF fellows. These include: The Ministry for Primary Industries; Bank of New Zealand; Auckland Tourism Events and Economic Development; Centrality; Ernest and Young; Lane Neave; Digital Story Tellers and Avid Legal. By way of catalyzing the work of the EHF fellows, they support mission-driven innovators, entrepreneurs and investors to contribute towards a better world through creation of positive global solutions aligned with the sustainable development goals.
• Immigration New Zealand (INZ). Housed by MBIE, INZ has worked together with EHF towards creating the new visa - the Global Impact Visa. New Zealand is the only country to implement the Global Impact Visa, the world's first and only visa that is focused on creating positive global impact. The 3-year work visa was designed for innovative entrepreneurs, investors, and change-makers who are building positively impacting global solutions and provides holders with a pathway to becoming a permanent resident in Aotearoa, New Zealand. The visa is administered by INZ and only EHF fellows are exclusively eligible to apply for it.
Innovation in New Zealand is very unique because of the following reasons: the government gives a damn about what people invest in; there is respect for culture in every gathering; less ego in hierarchy; the companies care about purpose; emotion is celebrated in New Zealand; for Kiwis, pride stems from culture and community rather than from ‘self’, the ecosystem favors collaboration over competition, and the country features among the top 5 in the least corrupt countries. For innovators, entrepreneurs and investors that need a good place for ventures and investments, New Zealand is their best bet.
Apart from the rich innovative ecosystem, the country has an attractive destination to call home as it tops the world’s ranking for quality of life. Also, other than being a safe, clean, and wholesome environment, the country is insanely beautiful which makes it an attractive place to work from, live and raise a family.
Contact Info:
Name: Blanche Kaira
Email: Send Email
Organization: Innovation New Zealand
Address: 19 Coates Street, Tawa, Wellington 5028, New Zealand
Phone: +64 210 8968 222
Website: http://www.innovationewzealand.com
Release ID: 88971928
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