The Compass Start-up Genome project team is based in San Francisco and benchmarks so-called start-up ecosystems from around the world. More than 100 Kiwi start-ups took part in the 2016 survey, according to the Angel Association of NZ. In New Zealand, the survey was led by the Angel Association with support from NZX, NZ Trade and Enterprise, the NZ Venture Investment Fund, Ministry of Business, Innovation and Employment and Callaghan Innovation. Start-ups in New Zealand have a few options beyond Australia, so most of them must go global quickly," it said. He found most New Zealand investors look for ventures that have international reach and are easy to scale.

Source: New Zealand Herald March 19, 2017 19:07 UTC