Breadcrumbs
Home ›
Science and technology
›
Science and innovation
›
Refocusing the science, innovation and technology system
...
›
Invest New Zealand and New Zealand Trade and Enterprise
-
Science and innovation
- Refocusing the science, innovation and technology system
- Open and upcoming science and innovation funding opportunities
- Agencies, policies and budget initiatives
- Funding information and opportunities
- International opportunities
- News and success stories
-
Research and data
- Algorithms at MBIE: Transparency and accountability for our algorithm use
- ANZSRC
- Successful funding application ANZSRC data
- Kitmap — A Stocktake of Research Infrastructure in Aotearoa New Zealand’s Government Research Organisations
- New Zealand Research Information System
- Open access to weather data review
- ORCID iD
- Research, Science and Innovation sector data
- Research, Science and Innovation (RSI) Workforce Surveys
- Project Hau Nuku: Weather forecasting system review
- Subscribe to updates
Invest New Zealand and New Zealand Trade and Enterprise
New Zealand will have 2 targeted agencies to support economic growth through strong international connections in trade and investment.
On this page
A new agency, Invest New Zealand (Invest NZ) will be established as a one-stop-shop for foreign direct investment – excluding public infrastructure which is the remit of the national infrastructure agency.
Invest NZ will work with multi-national corporations and foreign investors to attract people, businesses and capital into New Zealand across industries and technologies, with a particular interest in investing in the science, innovation and technology that will drive our economy.
New Zealand Trade and Enterprise (NZTE) will focus on driving export growth by facilitating trade and access to international markets and ensuring New Zealand businesses have the necessary support to expand their international reach.
Both Invest NZ and NZTE will have a culture underpinned by clear economic incentives, with a laser focus on commercial outcomes. The agencies will also have clearly defined roles that allow them to function as easy conduits for inward investment and outward growth.
NZTE will incubate Invest NZ and run its establishment process before it officially becomes an Autonomous Crown Entity. An Autonomous Crown Entity is a type of statutory Crown entity in New Zealand that must consider government policy when directed by the responsible minister. Examples include the Arts Council of New Zealand, and Te Māngai Pāhō (Māori Broadcasting Funding Agency).