Need Support?

It’s a challenging time to be in business and if you need support, Venture Taranaki is here for you. Whether it’s about your recovery or your growth, we can connect you with the resources and expertise you need. We’ve helped hundreds of Taranaki enterprises, and we may also be able to help you access funding for expert advice and support. 

Access funding support for expert advice

Taranaki enterprises can apply for up to $5,000 + GST through the Regional Business Partners’ COVID-19 Business Advisory Fund, which can be used to access 100% funded expert assistance and advice in one or more support areas including HR, employee relations and legal; Financial and cashflow management; Digital enablement strategy; Business continuity planning; Marketing strategy; and Health and wellness. 
 
Additionally, tourism business can apply for up to $5,000 + GST funded advice to support recovery through the Tourism Transitions Fund.  This fund can also help with hibernation and exiting the business.
 
If you’re seeking support for growth or building capability you could also apply for 50-50 co-funding to support coaching and/or training for your business in a range of areas.
 
These funds are available via the Regional Business Partner network (RBP).  Venture Taranaki is the RBP partner for Taranaki. 

Regional Road Trip

Venture Taranaki is coming to a town near you

Come and see us at any of these locations for a free confidential chat about Regional Business Partners’ COVID-19 Business Advisory Fund and the other types of support available.

Who should apply?

If your enterprise meets all the initial criteria below, you can start an application today.

  • Has been affected by COVID-19;
  • Fewer than 100 full-time equivalent employees;
  • GST-registered in New Zealand;
  • Has a New Zealand Business Number (NZBN);
  • Operating in a commercial environment;
  • Privately owned business or a Māori Trust or incorporation under the Te Ture Whenua Māori Act 1993, or be a similar organisation managing Māori assets under multiple ownership.

Register with RBP to start your application 

If you have already registered please complete the form below. We’ll then get in contact with you as soon as possible to talk about your business needs and your eligibility for funding.

If you need assistance with any of the above, please email us at business@venture.org.nz

If you are not COVID-19 impacted and looking to start or grow your enterprise, click here to access the range of services and support on offer from Venture Taranaki.



Ahead of the curve - A webinar series

Venture Taranaki have launched a new webinar series, ‘Ahead of the Curve’. Aimed at supporting the Taranaki business community during COVID-19 and beyond, the series will host different industry and technical experts to support our community and provide critical information and expertise as we transition through the levels of restrictions and begin our regional economic recovery. 


Government support for impacted businesses

The Government has announced a comprehensive billion package to help manage the economic impacts of COVID-19. Within this is specific support available to enterprises who may face laying off or reducing staff hours because of COVID-19. 

If you are an employer, contractor, sole trader or self-employed you may qualify to get the COVID-19 Wage Subsidy and/or Leave Payment.

When you apply you will need to provide your IRD number, business name and address, names of your employees and their IRD numbers, and contact details for your business and your employees. Processing and approving applications will happen as quickly as possible - the aim is to make payments five working days after required information has been received – but this will depend on the volume of applications received.


Venture Taranaki's COVID-19 enterprise support response update

As Taranaki’s regional development agency, Venture Taranaki has been focused on helping the region’s enterprises manage the impacts of COVID-19 restrictions. This work has seen our interactions with enterprises increase by over 300%. We’re still here to help and encourage you to reach out to us if you would like support. Get in touch at business@venture.org.nz.  

We are continuing our recovery focus, and implementing our regional tactical plan to help Taranaki’s economy regain its momentum.

To date, Venture Taranaki have conducted 3937 COVID-related interactions with enterprises and have issued a total of $678,100 in funding across 710 approvals. We have also issued $117,033 worth of our regular growth and capability funding, bringing the total financial support for Taranaki enterprises to $796,133 since the lockdown and various Alert Levels. It’s encouraging to see enterprises still pursuing growth and development at this time.


New report forecasts COVID-19 impact on regional economy 

A new forecast for Taranaki’s regional economy for the next 12 months finds the economic impacts of COVID-19 will create the greatest economic shock in living memory, and could have a significant impact on the region.
 
The report, commissioned by Venture Taranaki and New Plymouth District Council, and undertaken by economists Infometrics, anticipates a 8.5% contraction in regional GDP for the year to March 2021 – slightly worse  than an 8.0% drop forecast nationwide, while jobs are expected to decline 9.5% in the region, against a 9.8 % drop nationally. 

Read more about the findings here. 

View the report here

Watch Infometrics’ Brad Olsen discuss the key findings of the report, and implications for the regional economy here.


 

Tracking the impact of COVID-19

Venture Taranaki is monitoring its data channels in real time to determine the impacts of COVID-19 on the regional economy and our enterprises. We’ll present data from a range of sources as it comes to hand, helping you form a robust picture of the impact and benchmarking pre-lockdown performance.

  • Through April we undertook a comprehensive survey of local enterprises to gauge the impacts of COVID-19. Vuew the full survey results here, and analysis here.
  • We have commissioned weekly updates on regional retail spending and transactions, contrasted to the same period last years. View the reports here
  • We have also released a number of statements on particular aspects of the regional response and recovery. You can view these here
  • To receive regular updates from Venture Taranaki, sign up to Enterprise News by clicking on the mail icon at the top of the screen. 

Thank you to our professional services partners:

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