Small Business Grants NZ
Find government grants, council funding, and support programs for your New Zealand business. Free money to grow your business - explore funding opportunities that don't need to be repaid.
π° Good News: Unlike loans, grants don't need to be repaid. However, they're competitive and have specific eligibility criteria. Tip: Consider business loans if grants aren't suitable - funding available in 24-48 hours.
Grants vs Business Loans: What's Right for You?
Business Grants
β Pros:
- No repayment required
- No interest or fees
- Government backing
- Can be substantial amounts
β Cons:
- Highly competitive (85% rejection rate)
- 3-6 months application process
- Strict eligibility criteria
- Extensive reporting requirements
- Limited availability
Business Loans
β Pros:
- High approval rates (60-80%)
- Fast funding (24-48 hours)
- Flexible use of funds
- Build business credit
- Available year-round
β Cons:
- Must be repaid with interest
- Monthly repayments required
- Personal guarantees often needed
Types of Business Grants Available
Start-up Grants
Funding for new businesses and entrepreneurs
Growth & Expansion
Support for established businesses looking to scale
Innovation & R&D
Funding for research, development and innovation projects
Export Development
Support for businesses entering international markets
Industry Specific
Targeted funding for specific sectors or demographics
Community & Social
Grants for businesses with community or social impact
Major Government Grant Programs
Callaghan Innovation R&D Project Grants
Callaghan Innovation
Co-funding for R&D projects that have potential for commercial application
Eligibility:
- NZ registered company
- Significant R&D component
- Commercial potential
Industries:
NZTE Market Development Grant
New Zealand Trade & Enterprise
Funding to help businesses develop international markets and export capabilities
Eligibility:
- Established NZ business
- Export potential
- Growth-oriented
Industries:
Regional Business Development Fund
Regional Economic Development
Support for businesses that create jobs and economic growth in regional areas
Eligibility:
- Located in eligible regions
- Job creation
- Economic impact
Industries:
Sustainable Food & Fibre Futures
Ministry for Primary Industries
Innovation funding for sustainable food and fibre sector projects
Eligibility:
- Primary sector focus
- Sustainability benefits
- Industry collaboration
Industries:
Tourism Industry Transformation Plan Funding
Ministry of Business, Innovation & Employment
Support for tourism businesses to recover and transform post-COVID
Eligibility:
- Tourism sector
- Transformation focus
- Industry impact
Industries:
MΔori Development Grants
Te Puni KΕkiri
Business development support for MΔori enterprises and communities
Eligibility:
- MΔori business/organization
- Community benefit
- Cultural alignment
Industries:
Regional & Council Grants
Auckland
Wellington
Canterbury
Grant Application Tips
Start Early
Grant applications can take 3-6 months. Plan ahead and don't rush.
Read Guidelines Carefully
Each grant has specific criteria. Make sure you meet all requirements before applying.
Tell Your Story
Clearly explain your business, the problem you solve, and why you need funding.
Show Impact
Demonstrate how the grant will create jobs, economic value, or community benefit.
Get Professional Help
Consider hiring a grant writer or consultant for large applications.
Have Matching Funds
Many grants require co-funding. Show you have skin in the game.
Need Funding Sooner?
While grants are great, they're competitive and slow. If you need business funding in the next few weeks, consider a business loan. Get approval in 24-48 hours and funding in your account within days.
Need Help with Your Grant Application?
Grant applications can be complex and time-consuming. Our team can help you identify suitable grants, prepare applications, and increase your chances of success.