Venture Investment Fund (M25)
Scope of Appropriation
Capital Investment to accelerate the development of the New Zealand Venture Capital Market. Public funds will be co-invested with the private sector to increase the rate of formation of new businesses based on high added value goods and services.
Capital Expenditure
| 2011/12 | |||
|---|---|---|---|
| Estimates $000 | Supplementary Estimates $000 | Total $000 | |
| Total Appropriation | 12,020 | 4,493 | 16,513 |
Reasons for Change in Appropriation
This appropriation increased by $4.493 million as a result of a transfer of 2010/11 unspent funds.
