September 04, 2014
Tainui supporting people into business
The chair of Waikato Tainui's Te Arataura tribal executive says the tribe wants to foster an entrepreneurial spirit among its peopple.
Waikato Tainui has formed a partnership with Hamilton business incubator SODA Inc that will include scholarships and internships so that tribal members can learn how start ups work, how to set up a business and how to get investors.
Rahui Papa says the tribe isn't waiting for the next government to stimulate economic activity in its region.
"Definitely on the cards that we will be supporting our people into small businesses because that makes for a strong community and a stronger Waikato and a stronger New Zealand. It doesn't solely have to be tribal funds because there are other funding pools out there and if we couple together then we can touch so many more people that want to get into creating and sustaining their own businesses," he says..
Waikato Tainui has also formed a relationship with the BNZ so it has more resources to draw on than in it generate internally.
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