The Top 5 Government Programs to Help New Zealand Exporters Succeed in the Global Market
The New Zealand government offers a number of programs to help exporters succeed in the global market. Here are the top five:
1. The Export Market Development Grant (EMDG)
The EMDG is a government grant that helps businesses cover the costs of marketing their products and services overseas. The grant is available to businesses of all sizes, and can be used to cover expenses such as travel, market research, and trade show participation.
2. The Trade Show Access Program (TSAP)
The TSAP is a government-funded program that helps businesses participate in international trade shows. The program provides funding for travel, accommodation, and exhibit space costs.
3. The Export Finance Scheme (EFS)
The EFS is a government-backed loan program that provides financing for businesses looking to expand their exports. The program offers low-interest loans of up to NZD $5 million, with repayment terms of up to five years.
4. The International Business Risk Mitigation Program (IBRMP)
The IBRMP is a government program that helps businesses manage the risks associated with exporting. The program provides funding for risk management activities such as insurance, legal advice, and market research.
5. The Market Development Assistance Scheme (MDAS)
The MDAS is a government program that helps businesses develop new markets for their products and services. The program provides funding for activities such as market research, feasibility studies, and business plan development.