Business Grants - Growth Grant

The Growth Grant is available to whānau in business, where the following are true:

• Over 12 months of business registration/trading.
• GST registered
• Revenue above $120k.

Grants Eligibility

• Registered Ngāi Tahu whānau member at least 18 years old.
• Business must already be trading.
• Proof of Ngāi Tahu whānau ownership. Applicant/s must show proof of minimum 50% ownership of the business (eg. New Zealand Business Number).
• Relevant supporting documents must be provided. (see below)
• NB: Please be aware of the following eligibility rules for whānau who have already received grants:
  Reporting and receipts for any previous grants will need to be received to be eligible for future grants.
  Whānau members are only eligible for one grant payment each financial year ending 30th June, with a 12 month stand down period between successful applications.
  Whānau members can receive a maximum of 2 Kickstart grants (but one per business).
  Businesses can receive a maximum of 2 Stay Up grants.
  Businesses can receive a maximum of 2 Growth grants.
   

Supporting Documents Required

• Application form – download here
• Growth Business Plan – download here
• Supporting Market Validation.
• 12 months forecasted cashflow – download template here
• 12 months previous year cashflow (if already trading – download template here)
• Proof of minimum 50% Ngāi Tahu whānau ownership from applicant/s.
• Proof of Bank account – verified letter from bank or copy of bank statement (screenshots of internet banking or banking app will not be accepted).
• Proof of GST Registration.
• Photo ID (Passport, driver licence or 18+ card only).