A chance for the investors to invest in a widely listed Company, this Company will endow in small, privately owned skill companies.

Chief executive of technology industry association NZICT Brett O'Riley alleged that he was in consultation with a range of festivity so as to give confidence the creation of one or more such different funds. It was one of the association's top precedence meant for next year.

Endeavour Capital chairman Neville Jordan held that the idea had a great deal of plus point. This is because the investors were in search of liquidity. It is one of New Zealand's leading venture capitalists.

Mr. O'Riley expected that listed technology funds might supply in businesses with an annual income of equipped about $50 million. He said that due to a lack of capital many private businesses slanted.

He said there are many private companies so there is less visibility. He was not sure if the average investor would have some sense of the range of investment available to them.

It is expected in coming year that NZICT may rebrand, it has 300 corporate members in all.