Councils benefit from the Provincial Growth Fund

Published: Jun 3, 2020 · Updated: Dec 1, 2020

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Three councils have received a total of $230,000 from the Provincial Growth Fund to advance projects in their areas which will support their economic growth and stimulate employment.

The Manawatū-Whanganui Central Economic Development Agency (CEDA) has been funded $40,000 to increase its capability for creating comprehensive business cases for priority projects.

The funding will mean the CEDA can work up projects that will encourage economic activity and boost employment in the region.

The Horowhenua District Council has also received $40,000 to enable the council to complete planning, costings, and applying for funding for the Foxton Futures project. Foxton Futures is a strategy and action plan which takes a multi-phase approach to promoting Horowhenua as a great place to live, work, play and visit.

These two funding allocations are part of the $985,000 over three years for Economic Development New Zealand to build the expertise of economic development agencies in New Zealand’s regions. This funding was announced by the Parliamentary Under-Secretary for Regional Economic Development Fletcher Tabuteau in October 2018.