After a bit of behind the scenes collaboration between Poutama and the Provincial Development Unit (PDU) of the Provincial Growth Fund (PGF), a step change has been reached. This change will see Poutama over the next 6 months investing up to $100,000 into Māori enterprises based in regional Aotearoa. PGF has provided $5m to enable [...]
Braden Fastier/Stuff NZ scientists excited by the promise of hemp crops By Glenda Lewis We soon got used to cooking and eating exotic proteins and grains like chickpeas, couscous and quinoa. Now, attention has turned to hemp in the search for other productive, environmentally friendly food crops. Hemp has had a slightly shady image, which [...]
How small businesses can survive the coming economic downturn By Gary Rohloff founder of Laybuy OPINION: The move to alert level 1 will have seen retailers and small business owners across the country breathe a collective sigh of relief. The further easing of restrictions, and loosening of social distance guidelines, means many will have been [...]
The Māori Trustee (Te Tumu Paeroa) has established a Top-Up Māori Small Business Cashflow Loan Scheme, making an additional $10m available for Māori SMEs to meet core operating costs. The Top-Up Loan Scheme will provide further assistance for Māori SMEs impacted by the COVID-19 economic shock to support their immediate cash flow needs and meet [...]
This Panui we features among some rumbling what we think is an interesting perspective on no going back to the old economy by Rob Campbell. Rob is an experienced company director and chair of Tourism Holdings, SkyCity Entertainment and Summerset Group. He’s involved in a small charity in South Auckland that is handing out thousands [...]
The Mission: Help 1,000,000 new entrepreneurs start & succeed Many new entrepreneurs want to know how long it will take to become successful. It is easy, and dangerous, to fall into a “now mentality”. While we hear stories about entrepreneurs building million dollar businesses in just one year, these are rare instances. According to a [...]
The Māori Kiwiberry Scholarship Applications are now open, please pass onto your networks. Māori Kiwifruit Growers Inc (MKGI) in conjunction with Zespri and Plant and Food Research are providing a kiwifruit cultivar development scholarship for one current Māori undergraduate or postgraduate student. The initial scholarship is up to $40,000 and one year’s work experience or [...]
Headlines around COVID-19, outside of Asia, have continued to worsen. Rising virus cases in Europe and the US, coupled with the oil spat between Russia and Saudi Arabia, have sharply reduced investment sentiment and created pockets of financial stress. At the time of writing, the US share market is down 27% since its peak, and [...]
It seems appropriate that this edition of the Poutama Newsletter says something around but not necessarily about COVID-19. Poutama’s wandering CEO made a visit to Canada just as COVID-19 was starting to spread into North America. It was interesting to observe the almost panic like mood that started to infect the place with no doubt [...]
Māori businesses have a dedicated 0800 helpline to coordinate direct access to specialist advisors who can provide business owners and employers during these difficult times. The 0800 4 POUTAMA (0800 476 882) COVID-19 Māori Business support line for Māori businesses was launched last week to give you direct access to specialist advisors who can provide [...]
