The Pacific Business Trust took on the road in a series of special Fonos, engaging with the Pacific community about its new direction and focus.

2. BUILDING PACIFIC PROSPERITY

3. The Pacific
Community in
New Zealand:
the
opportunity
Fastest
growing
group in the
population
Young
average age

4. The tough
statistics that
need to be
changed
• Pacific incomes 34% lower than national median
• Only 18% of Pacific people own their own home compared
to the national average of 65%
• 1.6% of Pacific people are engaged in business
• Disproportionately the highest number of 15-24
unemployed (NEET – Not in Employment Education or
Training)
• 12% of the prison population but 7.4% of New Zealand
(2013 Census)
• Amenable mortality rates for 40+ have flat lined cf others
reducing

5. We have
been working
for 30 years
at the
coalface
The need for
change
We know
what doesn’t
work
Some
success
stories

6. The need for
data
• A wealth of deficit data
• Not enough data about Pacific businesses and the
challenges that they face and the needs they have
• Not enough data about the types of Pacific businesses
• We need to know who our Pacific businesses are

7. How do we
grow prosperity
to support our growing
population and change
the trends?
The
challenge

8. If we want a
different outcome, we
have to do things
differently.
The way
forward

9. A broader
approach to
achieving
prosperity
CommercialCommunitySocial

10. Innovation
Commercial and Social
Enterprises
Turning ideas into reality
Creating businesses
Improving social
outcomes
Youth potential
harnessed
Growth And
Sustainability
Income earning
increased
Jobs created
Step change based on
need
Focused assistance on
highest potential
Assets for
Growth
Investment projects
Collaboration
Legacy
Increase income earning
Measurement and Data - accountability, proving causation
Community and Networks – epi-centre, embed, nurture, grow
Leverage and Partnerships - 1 + 1 = 3
Excellence
Celebrate success
Encourage pay it forward
Share the love
VISION – PACIFIC PROSPERITY

11. The impact
we are
working
towards
• A greater number of Pacific businesses are launched
• The growth, capability and sustainability of existing Pacific
businesses are improved
• To encourage investment in Pacific businesses and
increase the level of wealth that is reinvested in Pacific
opportunities
• Champion and celebrate Pacific success and in doing so,
create role models that will inspire others, especially our
young people

12. Services we’ll
be providing
• Help businesses to identify their needs and opportunities
• Operate programmes that will help turn entrepreneurial
ideas into reality
• Build capability through ‘Business School’ training
• Grow businesses through the Enterprise DNA
programme
• Provide grants to catalyse and accelerate specific growth
opportunities
• Connect and refer businesses and identify opportunities for
businesses to support each other
• Run events that celebrate Pacific success
• Be a voice for Pacific businesses to help inform better
decision making

13. Long Term
Partnerships
will be critical
Mainstream
business
Government
agencies
Community
Organisations
Tertiary
institutions
Pacific
Councils &
Organisations

14. NEXT STEPS

15. How can you
get involved?
• Make sure you are on our database!
• Are you someone who wants to help a Pacific business?
• Are you a business looking for some help and support?

16. 1. Evaluate the business to determine how to allocate our
resources to help businesses that will make the biggest
impact on our community
2. Get to know the business – its goals, gaps, opportunities
and priorities for growth and/or innovation
3. Working with the business, come up with an action plan to
move the business forward, addressing the challenges and
opportunities
4. Monitor the business so we are sure we’re moving in the
right direction
The process

17. Check out our awards website:
pacificbusinessawards.co.nz
Get in touch with us now!