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Private sector investment in Queenstown's tech ecosystem is "encouraging"

Author
Newstalk ZB,
Publish Date
Wed, 7 Feb 2024, 11:03am
Photo / NZ Herald
Photo / NZ Herald

Private sector investment in Queenstown's tech ecosystem is "encouraging"

Author
Newstalk ZB,
Publish Date
Wed, 7 Feb 2024, 11:03am

Private sector investment in Queenstown’s plans to become a niche tech ecosystem could bring them to fruition. 

Adopting an Australia and Asia Pacific backed funding model for the required $1 million a year could help with taking a 20-year view as opposed to relying on the three year electoral cycle. 

Paul Spain, Gorilla Technology’s CEO, told Mike Hosking that it’s encouraging to see businesses backing the initiative. 

He said that the size of the Queenstown Lakes district means that there’s only so much funding, support, and time that local councils can put in. 

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