Additional funding for Regional Business Partners Network.
Development West Coast (DWC) is pleased with the Government’s announcement that $40m will be allocated into the Regional Business Partners (RBP) network.
Ministers Nash and Twyford have announced a further $40 million for the RBP Network for COVID-19 business advisory support, on top of $15 million invested since March.
DWC capability and growth manager Fiona Hill, who looks after the RBP programme for the West Coast, says DWC has been supporting West Coast enterprises at unprecedented levels since Alert Level 4 restrictions were put in place.
Before the initial funding ran out, DWC allocated $160,000 in COVID-19 business advisory voucher funding for professional services to around 75 West Coast businesses.
"We're thrilled the Government has allocated more funding towards this much-needed service,” Fiona says.
“The demand we received for advisory support highlights the stress and pressure many business owners have been under.”
Through the COVID-19 business advisory fund, DWC can connect firms to expert advice at no cost to the business. Advice covers topics like business strategy, finance and cash flow, continuity planning, HR and employment relations, marketing and digital enablement strategies, and health and wellness for owners and staff.
West Coast businesses impacted by COVID-19 looking to access this funding should first register their business on the RBP network (https://covid19.nzte.govt.nz/page/regional-business-partner-network).