Applications are now open for the Tauola Business Fund, offering vital support to Pacific businesses across New Zealand.
This initiative is designed to empower Pacific entrepreneurs, helping them grow their operations, create employment opportunities, and contribute to economic prosperity within their communities.
The Tauola Business Fund has a proven impact, enabling businesses to scale up, improve productivity, and foster innovation. By supporting Pacific-owned enterprises, the Fund strengthens local economies and builds long-term sustainability for businesses.
This round introduces a tiered funding structure to cater to businesses at different stages of development:
High-value Project Funding: Grants of $100,001 to $400,000 for businesses with national reach.
Tier 1: Grants of $80,000 to $100,000.
Tier 2: Grants of $40,000 to $79,000.
Tier 3: Grants under $40,000.
Applicants are encouraged to demonstrate how their business aligns with key objectives, such as driving productivity and innovation, fostering Pacific participation in the workforce, creating employment pathways, and building resilience to overcome economic challenges.
Applications close on Monday, 16 December, at 12.00pm. Don’t miss this opportunity to take your business to the next level.
For more details and to apply, visit Tauola Business Fund.