Applications Open for PM’s Business Scholarships
Applications open today for scholarships aimed at boosting the power of New Zealand’s business managers, with a change
in focus from earlier years to include a wider range of Kiwi businesses.
The Prime Minister’s Business Scholarships provide an opportunity for managers to gain valuable skills and experience by
undertaking world-class executive education at international business schools.
While they were previously aimed at exporters and internationalising New Zealand-based firms, the criteria have been
expanded to include domestically-focused firms that can take advantage of New Zealand’s competitive advantage, such as
in areas like agricultural technology.
There is also a particular focus on expanding the diversity of recipients to include more women, Maori and Pasifika
people.
“These Scholarships open the door to opportunities not readily available in New Zealand, giving business leaders access
to international experts, global networks and knowledge to bring home to their businesses and share with colleagues and
the wider business community,” Economic Development Minister David Parker said.
“Lifting management capability in New Zealand’s businesses will help strengthen and develop the productive potential of
this economy, which is a priority for the government.
“Having the people who lead our companies equipped with the best skills possible is crucial for driving greater
efficiency, innovation and productivity.”
The Scholarships fund 50 per cent of the cost of overseas study at an international business school, up to a maximum
value of $110,000.
Recent recipients include leaders from the IT, agriculture, electricity, technology and textile industries. Recipients
attend business schools including Harvard, Stanford, Massachusetts Institute of Technology and the European Institute
for Business Administration (INSEAD).
“As a small nation at the bottom of the world it is not always easy to get exposure to the world’s business learning
resources and that’s why the Government is pleased to offer this opportunity,” David Parker said.
The Scholarships close at noon on 9 July 2018. To apply visit www.mbie.govt.nz/pmbs
ENDS