Applications for the 2019 Business Development Grants are now open.
Niue Chamber of Commerce states the Business Development Funding comes from the New Zealand Government through the Ministry of Foreign Affairs and Trade as part of the annual funding for the Niue Chamber of Commerce. The primary objective of the Business Development Fund is to support the private sector in increasing its contribution to the Niuean economy.
There are four grant categories for businesses from market stall holders to companies gearing up for export or major expansion or diversification. The Business Development Grants range from $1000 to $10,000. It is anticipated that the majority of grant applications will be for the Business Assistance Grants up to $4000. For grants over $1000applicants will need to supply a business plan along with their application and quotes for items they may be applying for.
Rae Finlay, Business Development Manager/CEO of the Niue Chamber of Commerce says this is a great opportunity for businesses to seek assistance to support their business sustainability, innovation and growth. Adding the chamber has endeavoured to make the application process as clear and streamlined as possible for the applicants and also ensure fairness and transparency in the grants review process.
Applications for the first round of Business Development Grants close on 28 June 2019. There will be two further rounds closing on 30 August 2019 and 31 October 2019.