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Andrew Simmonds

What the government's newly announced Capital Fund Bill means for New Zealand's tech sector

VC funding

What the government's newly announced Capital Fund Bill means for New Zealand's tech sector

This year’s Budget announced $300 million of new Government funding for New Zealand’s fledging venture capital industry, and Trade and Export Growth Minister David Parker has set up a new fund to manage this money. Partner at technology law firm Simmonds Stewart Andrew Simmonds looks at what the Bill covers, which businesses are likely to benefit, and how it might affect the New Zealand venture capital landscape.