“This pilot program will provide small business owners with hands-on support from trusted experts so they can confidently use AI tools to increase productivity and help them stay competitive in a rapidly evolving technology landscape.”
Eligible companies will receive up to 50% co-funding of up to $15,000 to develop AI plans tailored to the needs of their businesses, employees and customers, Penck said.
invitation only
A Penk spokesperson said: “We are currently conducting a pilot with existing customers through our regional business partner network.”
“Starting next Monday, RPB providers will be sending invitations to companies currently working with growth advisors.
“Because these companies have relationships and history with RBP providers, the pilot will be able to use AI tools to better benchmark digital capabilities and reliability.”
Advisors in our network can help small businesses implement their AI plans.
The MBIE-funded Regional Business Partner Network collaborated with 15 organizations across the country, typically local chambers of commerce.
The pilot will last for six months.
The 15 partners are listed on the RBP site here.
“$76 billion'' opportunity
“AI has great potential to drive economic growth and improve productivity,” Letty said.
“New Zealand's Artificial Intelligence Strategy estimates that the introduction of generative AI alone could add an incredible $76 billion to the New Zealand economy by 2038, equivalent to 15% of the country's GDP,” he added.
“Through the AI Strategy, the Government is investing up to $70 million over seven years through the New Zealand Institute for Advanced Technology to support innovative AI research and applications, develop world-class expertise and improve New Zealand's competitiveness.”
The $70 million came from savings gained from the repeal of Callahan Innovation, which was defunded in the 2025 budget.
The New Zealand Institute of Advanced Technology will be based in Auckland rather than the capital (Mr Callaghan's home base) and will launch later this year after lobbying by Mayor Wayne Brown.
Chris Keall is based in Auckland herald's business team. he herald In 2018, he served as technology editor and senior business writer.
