BI11.5 Requirements for submitting a business plan (04/07/2005)

1. Business plans must be submitted on the approved business plan form accompanied by the appropriate fee.
2. Business plans must:
   1. be no more than three months old on the date the application is made; and
   2. include satisfactory evidence that the principal applicant has access to sufficient capital to finance their business proposal (this includes the accessible funds held by the Government and any other funds held by the principal applicant); and
   3. include realistic financial forecasts; and
   4. include evidence to satisfy a business immigration specialist that the principal applicant has business experience that is relevant to their business proposal; and
   5. demonstrate to the satisfaction of a business immigration specialist that the principal applicant has knowledge about the proposed business and the New Zealand business environment; and
   6. include information about how the proposed business will benefit New Zealand; and
   7. include sufficient supporting documentation including the documentation listed in the approved business plan form.

Effective 04/07/2005