At the November 2019 hui of Te Rūnanga o Ngāi Tahu, the Regional Development Strategy – a pou within the Haea te Awa programme – was approved.
The core principle driving the Regional Development Strategy is:
Enable papatipu rūnanga and whānau to achieve economic self-determination in order to improve whānau outcomes.
The Regional Development Strategy is designed to achieve:
The strategy aims to provide assistance, both in terms of expertise and capital, to allow papatipu rūnanga to make investments within their own takiwā. It will not be a centrally controlled function, instead it is intended to facilitate and help papatipu rūnanga develop and make their own decisions and investments.
To implement the Regional Development Strategy, we will first need to:
The aim is to have the fund established and ‘open for business’ by 1 July 2020. Between now and July, the following steps will be taken: