Govt questions future of NZ Venture Investment Fund, film grants, Bridges says

Thu, 08 Jun 2017

By Rebecca Howard June 8 (BusinessDesk) - The government is looking at a range of options for the New Zealand Venture Investment Fund, including discontinuing funding, Economic Development Minister Simon Bridges told a parliamentary committee. "At a high level, I do see a role for the government in a country like New Zealand" in venture capital funding, Bridges told Parliament's commerce select committee. However, "having put capital in now over 15 or 16 years I don't think we necessarily want to do more of that," he said. Established...

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