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Business owners and senior executives looking to expand their international expertise are being invited to apply for the 2014 Prime Minister’s Business Scholarships.

Economic Development Minister Steven Joyce says the scholarships are designed to grow skills and business capability to make New Zealand firms more internationally competitive.

“The knowledge gained from the world’s top business schools by our senior executives will benefit the companies they return to and in turn, help to grow the New Zealand economy and jobs,” Mr Joyce says.

Economic Development and Small Business Minister Steven Joyce today welcomed a new international report that puts New Zealand third in the world for ease of doing business.

The World Bank’s Doing Business report, released today, is an annual study measuring government regulations and their effect on business across 189 economies.

“This is excellent news. Only Singapore and Hong Kong are higher than us overall and we still rank first in the world for starting a business and investor protection,” Mr Joyce says.