Supporting Ngāi Tahu in Business
Puna Pakihi is an initiative set up to support Ngāi Tahu whānau in business or who have an idea for a business they wish to set up. From providing mentors to financial assistance, the team works alongside you every step of the way. We are here to back you up on your pakihi journey, whānau.
A snapshot of some of the services we can offer
- Support in start-up and growth planning through business mentors
- $5,000 grants for kickstarting, staying up, and growing your business (limited numbers each year)
- Referrals to other organisations and specialist support services
- Free listing on the Ngāi Tahu whānau pākihi directory
- Access to promotion through Ngāi Tahu communications channels (with your permission)
- Access to exclusively Ngāi Tahu pākihi Facebook group to connect with others
Do you have a new business idea?
Tau kē! Here is a tool to help you flesh out that idea a bit more – Lean Canvas
Have you considered the following:
- Registering the business, is there another business with your intended name?
- Your target audience, who they are and where are they?
- Who are your competitors, and how do you differ to their product
- Have you defined your product offering
- Will you need to develop any partnerships with suppliers/customers
- What might your price point need to look like
If you have considered the above, are you now looking for support to develop a robust business plan and financial forecast?
Please complete this contact form to get in touch with our Puna Pakihi advisors.
Are you looking to apply for a Puna Pakihi grant?
We have 4 grants available, each valued at $5,000. These fall within the following categories:
- Kickstart: New business or within first 12 months of registration as a company
- Stay-up 1: Over 12 months registered as a company, revenue under $60,000 and not GST-registered
- Stay-up 2: Over 12 months registered as a company, revenue between $60,000 – $120,000 and GST registered
- Growth: Over 12 months of trading, revenue more than $120,000, GST registered and funding will support a step-change in growth for the business
To be able apply for the grants you will need to submit the following documents:
- Application Form (download and complete)
- Robust Business / Growth Plan
- Supporting market validation evidence (e.g. forward orders, evidence of market size & demand, etc.)
- Previous 12 months cashflow (if already trading) AND 12 months forecasted cashflow
- Proof of minimum 50% ownership by applicant or other registered whānau
- Proof of GST registration (if relevant)
- Proof of ver*ified bank account
- Photo ID
Completed applications process:
- Applications received before 20th of each month will be reviewed at the beginning of the following month.
- Applications received after the 20th will be reviewed two months later.
- We will be in touch with the outcome of your application once it has been reviewed. Please ensure that you submit a complete application to facilitate a quick review process.
- For successful applicants, once signed contracts have been returned, payments can be expected 20th of the month.
Please ensure your application is complete to avoid delays in receiving your grant.
NB. Whānau are only eligible for 1 grant payment each financial year, being year ending 30 June. With a 12month stand-down between successful applications.
Useful Templates (download)
Supporting Ngāi Tahu Businesses
We encourage you to #supportTahu by spending with other Ngāi Tahu owned businesses where possible.
To facilitate this, we have an online directory – www.tahu.biz.
If you would like to support a Ngāi Tahu owned business, please consider shopping with a business listed on www.tahu.biz. #supportTahu.
Become a Mentor
If you have a commercial business background and would like to support whānau on their business journey, please contact the Puna Pakihi team to sign up to become a mentor. Please include a 1-page biography of your background.
We are particularly interested in mentors with the following specialist skillsets:
- Financial acumen
- Digital & online marketing
- Tech industry background
- Health & Wellbeing sector experience
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