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How will Te Waka’s Economic Development Agency Capability Funding benefit Waikato organisations?

Categories: Business, Te Waka

Funding will be used to assist organisations to develop PGF applications. Te Waka is aiming to achieve the following outcomes for Waikato organisations:

  • Identify and qualify a pipeline of major projects applicable for PGF funding
  • Accelerate the number of projects presented to the PGF
  • Secure successful investment deals for projects
  • Increase capacity and capability of firms looking for further investment by working alongside existing service providers
To achieve these outcomes, Te Waka will operate under the following scope:
  • Work closely with Waikato Provincial Development Unit staff to identify and prioritise projects for potential investment
  • Develop and maintain a list of projects and their relative position in terms of criteria such as viability, governance/management, fit with regional priorities, connectedness with other projects, stage in their evolution through to investment ready
  • Review projects to qualify their viability, filter out non-viable projects, identify what needs to be completed to improve viability, ascertain the position of the project in the pipeline of projects
  • Review and guide development of feasibility and business cases with project owners to ensure projects are ready for investment
  • Identify and engage with potential funders and assist in securing investment deals
  • Provide direction and guidance to project owners for the effective planning, monitoring and delivery of projects 

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