New Zealand’s startup ecosystem is worth more than $800 million, with 400-600 ambitious startups exploring new horizons from a country of just over 5 million people.
Key Findings
According to Startup Genome’s research, New Zealand startups show a higher graph of global customers than even some top-ten cities like New York, London, and Paris. NZ startups also ranked 5th globally for positive interaction with the corporate sector.
Challenges
The biggest challenge is a limited pool of experienced executives for scaling businesses. As one investor noted, New Zealand must look offshore to solve this problem — and the country’s reputation as a welcoming, multicultural nation works in its favour.
Opportunities for Entrepreneurs
If you have an innovative business idea, the Business Investor Work Visa provides a pathway from startup to permanent residence. Note: The Global Impact Visa through the Edmund Hillary Fellowship is no longer accepting new applications.
Contact ProVisas to explore entrepreneur visa options, or WhatsApp us.
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