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Labour Unveils Economic Plan, Pledges up to $50m a Year for Venture Capital Fund

Barbara Edmonds said the shift would help innovative businesses expand, hire and pay wages at home.

Summary by RNZ
Labour has released its economic plan, outlining a number of previous commitments and announcing that it will redirect up to $50 million a year into the state-backed Elevate venture capital fund.

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67% Center

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NZ Herald broke the news in Auckland, New Zealand on Wednesday, October 14, 2026.
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