Proposed Services and Contribution to Economic Development
19. NZTE's enabling service range will help to strengthen the overall business and international trading environment in which businesses operate by identifying opportunities for, and constraints to, growth at a systemic level. As well as facilitating access to key resources (skills, capital, technologies etc), enabling services primarily aim to foster collaboration and linkages between and among sectoral, regional and business groups, facilitate access to infrastructure and promote an enterprise and business culture.
20. NZTE will provide two levels of business services:
- foundation services will build up the base of business by strengthening management capability of the wider population of entrepreneurs, start-up, early stage and exporting small and medium enterprises, through the provision of more generic information and training assistance
- growth services will provide customised business and international market development assistance, targeted at firms and groups of firms with growth potential in order to accelerate and enhance their development. Both foundation services and growth services will facilitate business access to key resources into the innovation process - skills, finance, technologies, and information.
21. While the three groups of services are designed to meet the needs of different client segments, the distinction between services within them is not as clear-cut as the categorisation suggests. For example, facilitation of a major investment opportunity may initially focus on improving collaboration and linkages between a sector and offshore investment partners, but could lead to specific projects requiring the facilitation of access to finance, skills and technologies between specific (onshore and offshore) businesses. As such, investment promotion and facilitation can straddle both enabling and growth services. Specific initiatives have been placed within each service range on the basis of their primary focus and targets.
22. There are also strong links between the enabling, foundation and growth service areas. By strengthening the capacity of business and other organisations to respond to the overall business and international trading environment, enabling services support business opportunities emerging through foundation and growth services. The foundation service range will also be a means for identifying and developing the capability of future growth service clients. Growth service client businesses will also have access to all of the foundation services and will tend to move between the two business service areas as their circumstances and needs change.
23. Appendix 1 illustrates the proposed service areas, their composition and primary targets.
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