Prime Minister's Business Scholarships
MBIE administers the annual Prime Minister’s Business Scholarships.
The 2016 application round for the Prime Ministers Business Scholarships is now open.
Applications close 12.00pm, 27 June 2016.
The scholarships aim to improve the international competitiveness of New Zealand businesses by developing the management and leadership skills of business owners, senior managers and executives of internationalising firms.
Scholarship recipients have the opportunity to attend international business schools and bring their knowledge and contacts back to their businesses and New Zealand.
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Scholarship benefits
The scholarships offer benefits to the applicant, their business and the wider economy:
The individual has the opportunity to gain new management and leadership skills and network with international colleagues, which may advance their career.
The individual shares their knowledge and international perspective with the company, which may lead to innovative thinking and greater competitiveness. The company is also seen as a progressive employer with a reputation of having internationally qualified people.
New Zealand increases the number of business leaders with a global mind-set, helping our businesses operate to international best practices.
Eligibility and application details
The scholarships are for applicants who plan to study at an international business school in a course related to their work.
The government will reimburse successful applicants with half their course costs and other study-related costs. The balance must be paid for by themselves and/or their employer/business.
All study-related costs must be detailed in the application and can include:
- course fees
- airfares (economy)
- accommodation
- other costs such as textbooks.
Applicants must be:
- New Zealand citizens or permanent residents
- working in a New Zealand-based registered company which is looking to internationalise or intensify their operations overseas
- applying for a course relevant to their work (minimum of four continuous weeks) at an internationally-recognised institution
- returning to their business after the course
- Commencing study between August 2016 and the end of October 2017. Long courses (for example an MBA) may extend beyond the end of 2017. Prior admittance to a course can be accepted providing that the course commences in the period defined above.
Applications from organisations not registered with the New Zealand Companies Office, such as industry associations, Crown entities (such as Education New Zealand and Callaghan Innovation) and education institutes are not accepted.
How to apply
- Refer to the eligibility criteria to see if you can be considered for a scholarship.
- Refer to the courses undertaken by previous scholarship recipients and consider a course which would best assist you and your business to internationalise.
- Refer to the information you will need to provide when you submit your application. These are the types of questions you will be asked about your intended course, the expected costs of your study and the benefits to you and your nominating firm.
- Information needed when applying for a Prime Minister's Business Scholarship [PDF 414KB]
- The Ministry uses the Investment Management System (IMS, also known as the “Portal”) to process funding applications. The IMS is an online system which will allow applicants to view and make changes to their applications, view their contract information if their application is successful, create their own claims, monitor funding balances and submit reports.
- If you have not used the system before, please complete the form below and email to investmentemailaccount@mbie.govt.nz. We will then provide you with an IMS login and password.
- MBIE Portal registration form [DOCX 130KB]
Complete your application in IMS. Your nominating firm will also need to enter information into the IMS. Refer to the Quick Start Guide for the IMS for more information.
For more information about the Prime Minister's Business Scholarships email the Ministry's scholarships team.
This opportunity has expired. It was originally published here:
http://www.mbie.govt.nz/about/our-work/scholarships/prime-ministers-business-scholarships