Ministry for Pacific Peoples — Pacific regional businesses thrive with enterprise fund Pacific regional businesses thrive with enterprise fund Skip to content

Pacific regional businesses thrive with enterprise fund

Pacific regional businesses thrive with enterprise fund

  • 22 Aug 2022
thumbnail IMG 3482

(Picture caption: The Island Donut Crunch team in Palmerston North enjoy the new customised food truck, made possible with the Pacific Aotearoa Regional Enterprise Fund.)   

A total of 29 Pacific businesses located across regional New Zealand have received up to a $100,000 each from the Pacific Aotearoa Regional Enterprise Fund.

The Ministry for Business, Innovation and Employment’s (MBIE) Kānoa - Regional Economic Development and Investment Unit, transferred $2 million to the Ministry for Pacific Peoples (MPP) to support small and medium sized regional Pacific businesses and stimulate growth in response to the impact of COVID-19.

Minister for Pacific Peoples Hon Aupito William Sio says this innovative fund has been far-reaching.

“It’s impacted Pacific businesses in Waikato, Bay of Plenty, Northland, Otago, Canterbury, Hawkes Bay, Southland and Manawatū-Whanganui, and creating 49 new employment opportunities for Pacific peoples in the regions,” Minister Sio says.

Business owners are proud Pacific peoples of Aotearoa who are direct descendants of Samoa, Cook Islands, Tonga, Fiji, Rotuma, Kiribati, Niue, and Tokelau, who represent construction to fruit growing and everything in between, he adds.

Funding has helped businesses to diversify into new areas to survive during the pandemic, and as a result, many are now thriving. 

For the likes of Bay of Plenty construction business TAUA Developments Ltd, collaborating with other businesses and providers has allowed it to expand to become the only Pacific property development company to provide affordable housing accommodation opportunities for Pacific people in the Eastern Bay of Plenty, he says. 

“Island Donut Crunch from Palmerston North now has a customised food truck, which produces donuts at markets and events, while Waikato-based underwater diving company Deep Dive Division Ltd now sends its funded camera underwater remotely operated vehicle for asset inspections and search and rescue operations in confined spaces, instead of sending divers into dangerous waters to do inspections by eye.

“Last but not least, Keteni Food Imports in Otago has a new funded food packaging machine, meaning its Pacific foods are now suitable for supermarket shelves, and makes Pacific kai accessible throughout Dunedin and Central Otago.

“This is just a snapshot of the impact this fund has had on regional Pacific businesses, and we look forward to this growth continuing,” Minister Sio says.

Visit the MPP website for information on current Ministry funding.