Studies on our funds and investments

We have commissioned a number of studies on our funds and investments to better understand their impact, recognise what has worked well, and improve our processes going forward.

Kānoa manufacturing-engineering sector impact study, 2023 (BERL)

Assessed $79.5 million of PGF funding across 47 projects, finding that the investments:

  • created total additional expenditure of $229.5 million
  • reated/sustained 1,979 FTEs within the sector across regions
  • led to a significant increase in capacity, employment, and capability for businesses
  • increased innovation, and more environmentally friendly businesses.

Kānoa manufacturing-engineering sector impact study [MBIE, PDF 498KB]

Manufacturing-engineering sector impact study - supporting graphics [PDF, 211 KB]

Kānoa Te Tai Tokerau impact study, 2023 (BERL)

Assessed $797 million of PGF funding across 365 projects in Te Tai Tokerau region, finding that the investments:

  • created total additional expenditure of $1.19 billion
  • created/sustained 5,571 FTEs in the region
  • contributed $519.8 million to the regional GDP
  • created positive impacts for Māori, particularly their labour force during COVID-19
  • contributed towards a growing sense of pride in the region
  • created cultural benefits that were not directly financial, including community projects that would not have gone ahead otherwise
  • has contributed towards resilience to natural disasters with investments in vital infrastructure
  • created environmental benefits from reforesting and cleaning up waterways.

Kānoa Te Tai Tokerau impact study [MBIE, PDF 644KB]

Te Tai Tokerau impact study - supporting graphics [PDF, 229 KB]

Evaluation of the Provincial Growth Fund, 2022 (Allen and Clarke)

The evaluation found the following themes and strengths of the PGF:

  • Decision-making process improved over time, leading to good outputs and outcomes for regions.
  • PGF projects are generating optimism about the future in regional communities.
  • Māori economic development was a key area of success.
  • Collaboration among government, regional stakeholders and Māori was a strength.
  • PGF funded training programmes are helping to break intergenerational unemployment.

Evaluation of the Provincial Growth Fund [MBIE, PDF 8.9MB]

The impact of the Provincial Growth Fund on the Gisborne economy, 2022 (BERL)

Assessment estimated that the PGF:

  • created 1,500 Full Time Equivalent (FTE) jobs in the region
  • increased regional GDP by $176 million per annum
  • enhanced competitiveness of the Gisborne economy
  • made a positive contribution to Māori in Tairāwhiti
  • has enhanced the resilience of the region’s infrastructure and natural environment.

The report presents a set of five case studies on organisations that received PGF loans or grants. These case studies illustrate how PGF funding was used by individual organisations to contribute to the social and economic outcomes in the Gisborne region. The case studies present a peek at the stories behind the numbers.

The impact of the Provincial Growth Fund on the Gisborne economy. Business and Economic Research Limited (BERL), February 2022 [GDC, PDF 946KB]

The impact of Kānoa-administered government investment in Ōpōtiki, 2023 (Allen and Clarke)

This study looked at the impact of Kānoa-administrated funding support on the economic and social outcomes of various community and business projects in the Ōpōtiki district.  As well as discussing these findings, the report highlights challenges faced throughout the Ōpōtiki district.

Study shows that investment:

  • improved infrastructure, education, and economic development opportunities
  • contributed directly to local employment, as well as indirect employment in adjacent industries
  • furthered the development of an iwi-centred economy (Te Whānau-ā-Apanui and Whakatōhea)
  • enabled Māori landowners to convert their properties to high value horticulture
  • supported development of IT infrastructure and capacity for Whakatōhea
  • effected development of educational pathways
  • established Crown-iwi partnership and iwi-community partnerships.

The impact of Kānoa-administered government investment in Ōpōtiki [MBIE, PDF 1.4MB]

The contribution of Kānoa-administered government funding to Aotearoa New Zealand’s Aquaculture Industry, 2023 (Allen and Clarke)

This study looked at the challenges and outcomes of Kānoa-administered government funding for key projects in the aquaculture industry. The study used methods such as interviews, survey, focus groups, and document analysis. The report offers insight into the economic and social outcomes linked to the Kānoa-administered government funding, as well as the sector’s growing performance.

Study shows that investment:

  • increased employment in the aquaculture sector
  • provided effective training and development to upskill local workforces
  • promoted innovation and secured intellectual property for multiple parts of the sector.

The contribution of Kānoa-administered government funding to Aotearoa New Zealand’s Aquaculture Industry [MBIE, PDF 1.3MB]