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The newly launched BNZ Project Scale Up (PSU) is for tech businesses with $5m or more turnover.
“Project Scale Up supports BNZ’s Growth Sectors focus on fostering New Zealand’s productivity and prosperity by accelerating the growth of clever New Zealand businesses. It’s another big milestone in our journey to be the Bank of Tech, following our recent launch of Revenue Based Financing and a long track record in New Zealand’s technology industries so far,” says Tim Wixon, Head of Technology Industries, BNZ.
“We are committed to keep learning from New Zealand’s technology businesses and adapting our approach to the wants and needs of the market, and Project Scale Up presents another opportunity to do just that,” he says.
BNZ’s Project Scale Up is a select portfolio of 15 – 20 highest growth, highest potential New Zealand technology industries who will have access to more non-dilutive growth capital than ordinarily available, as well as be supported by a Growth Panel of founders, ex-founders, professionals and advisors experienced in scaling businesses and navigating the complexity that comes with growth.