Publish date: 16/07/2019

Enterprise North Canterbury (ENC) has secured $80,000 to allocate to local businesses looking to innovate and grow.

The money has come from New Zealand Trade & Enterprise (NZTE), which allocates training funds annually to 14 economic development agencies around New Zealand that are part of their Regional Business Partnership (RBP) network. The funding allows small businesses that meet certain criteria to receive up to 50% off the costs of an NZTE-approved business training course or coaching sessions that will help their business improve. Recipients can receive a maximum of $5,000 per year.

Enterprise North Canterbury Business Growth Advisor Guy Graham (pictured), who works with NZTE and local businesses to allocate the funds in the North Canterbury region, says the fund is a huge help to a large number of businesses.

“The Regional Business Partnership enables businesses across all areas of the spectrum to access subsidised training to help them innovate and grow,” he said.

“It enables small businesses to take part in training and coaching they may not have been able to afford otherwise. Businesses can find new ways to develop how they do business, enabling them to reach their full potential.”  

The funds are available to eligible local businesses until the allocation has been exhausted, and Guy encourages those businesses who think they might be eligible to take advantage of the funding while it is available.

“It is very straightforward for businesses to access some funding for training,” he said. “All it involves is reading the criteria, then contacting me and I’ll arrange a free meeting to look into the strengths of their business and highlight any potential weaknesses. If training or coaching needs are identified, I can issue a voucher from these funds, which the business can then use with accredited training providers or business coaches throughout the country in order to improve and grow their business.”

More information on how the funding allocation works, and the criteria required, can be found on the ENC website, along with a number of NZTE-accredited training courses organised by ENC.

“It’s important for local businesses to remember that the fund is just one tool in our tool box here at ENC,” adds Guy.

“We also undertake business assessments to help businesses find gaps and opportunities to improve. We can also arm them with resources and referrals to other professionals to help them in the areas where it’s needed.”

For a full rundown of what the ENC Business Support team offers, visit www.northcanterbury.co.nz/business-support/business-support-services/.

To contact Guy Graham to discuss funding allocation for your business, or any of the business support services outlined above call him on 0277332199 or email guy@enterprisenc.co.nz.