. /.  WORLD TRADE  
ORGANIZATION   
G/SCM/Q2/NZL/29 
5 April 2012 
 (12-1837) 
Committee on Subsidies 
and Countervailing Measures Original:   English 
 
 
 
SUBSIDIES 
 
Replies to Questions from AUSTRALIA1 Regarding the  
New and Full Notification of NEW ZEALAND2 
  
 The following communication, dated 2 April 2012, is being circulated at the request of the Delegation of New Zealand. 
 
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Question 
 
International Growth Fund 
 
 The International Growth Fund helps firm s acquire the capabilities and facilitates: 
gaining knowledge of new markets; business ma nagement capability; ability to innovate and 
manage the commercialisation of research and development; and access and raise finance for 
future opportunities for business growth. 
  Can New Zealand please provide details of e ligibility criteria and guidelines for access to 
this programme.  
Reply 
  The International Growth Fund is limited to support for high growth firms to undertake 
additional market development, assess the feasib ility of outward direct investment and business 
capability activities required for growth in new markets that deliver benefits for both the firm and the 
wider New Zealand economy.  
 Support may only be provided if the funded activity is additional to business-as-usual 
activities and has the potential to deliver benef its for New Zealand's economy as well as the business. 
 
 The fund may be able to support activities that help businesses improve their: 
 Knowledge of new markets 
 Business and management capability 
 Ability to innovate and manage the comme rcialisation of research and development 
 Ability to access finance to fund future opportunities. 
 
                                                      
1 G/SCM/Q2/NZL/27. 
2 G/SCM/N/220/NZL.   G/SCM/Q2/NZL/29 
Page 2 
 
 
   The International Growth Fund is administered by New Zealand Trade & Enterprise (NZTE).  
Businesses that have an NZTE account manager may be  invited to participate in the funding process 
where an activity is identified that could be eligible for support.  
 There is no formal application form for funding.  If a potentially eligible activity is identified, 
the NZTE account manager will carry out a pre-assess ment to determine eligibility before inviting a 
business to participate. 
  The criteria on which an assessment will be made will include: 
 Size of the potential economic benefits to New Zealand 
 Spend on staff and wages 
 Indirect benefits to New Zealand (for exam ple, introducing new technology, research and 
development activities, or manageme nt expertise into the economy). 
 
 A company is also assessed on its willingness to  work closely with NZTE and the ability for 
NZTE to add value to the company. This assessment takes into account: 
 
 The robustness of the company's business plan and strategies for growth.  
 A company's willingness to work with NZTE strategically including sharing their 
financial information and for senior manage ment to work with NZTE to develop an 
engagement plan outlining specific priorities and objectives for growth in specific 
markets.  
 Reliability and experience of the company's senior management team (do they have a 
sound track record?).  
 The company's previous history with NZTE.  
 The company's commitment to retaining value in New Zealand.  
 The difference NZTE can make to the company's international growth.  
 Potential economic benefits for New Zealand. 
 
 
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