The Regional Strategic Partnership Fund

In May 2021, the New Zealand government announced the Regional Strategic Partnership Fund (RSPF), allocating $193.75 million to Kānoa – Regional Economic Development & Investment Unit to support regions to make steps towards achieving their economic potential.

New Zealand’s economy is built on its regions and their individual strengths.

Each region faces different economic challenges and opportunities depending on the businesses and industries based there, the resources they need to thrive, the infrastructure they rely on, and the skills of the people who call these places home.

The aim of the RSPF was to make regional economies stronger and more resilient to improve the economic prospects, wellbeing and living standards of all New Zealanders.

Through Kānoa, Cabinet approved the funding to invest in projects identified as regional economic development priorities.

These projects will improve the regions’ economic outcomes and the wellbeing of their communities.

The RSPF was fully allocated as of 24 August 2023 and is no longer accepting applications.