Grow­ing Pa­cific busi­ness

Kapi-Mana News - - NEWS -

The grow­ing num­ber of suc­cess­ful busi­nesses owned by Pa­cific peo­ple is good not only for their own­ers but for New Zealand’s eco­nomic fu­ture, says Pa­cific Is­land Af­fairs Min­is­ter Hekia Parata.

Ms Parata ad­dressed busi­ness peo­ple at a Pa­cific Busi­ness Trust sem­i­nar in Porirua last week.

‘‘It takes a lot of courage to start a new busi­ness and I un­der­stand how im­por­tant it is to nur­ture Pa­cific busi­ness own­ers,’’ says Ms Parata.

‘‘ Ses­sions like this, which show­case suc­cess­ful busi­nesses and en­cour­age more busi­ness start- ups, are of im­mense value. These ses­sions have helped es­tab­lish 244 new Pa­cific-owned busi­nesses over the last four years and have cre­ated 506 new jobs.’’

The Pa­cific pop­u­la­tion is the fastest nat­u­rally grow­ing pop­u­la­tion in New Zealand. By 2026, one in 10 peo­ple will be of Pa­cific de­scent and they will make up a sig­nif­i­cant pro­por­tion of our work­force, Ms Parata says.

The Pa­cific Busi­ness Trust, funded through the Min­istry of Pa­cific Is­land Af­fairs, of­fers train­ing, sup­port and busi­ness de­vel­op­ment ser­vices to help Pa­cific en­trepreneurs and busi­ness peo­ple suc­ceed.

‘‘No-one can guar­an­tee that ev­ery busi­ness ven­ture will suc­ceed. With ev­ery start-up there is a de­gree of risk,’’ she says.

‘‘How­ever, the sup­port of the Pa­cific Busi­ness Trust means that Pa­cific peo­ple start­ing out in busi­ness, or those al­ready es­tab­lished, have some­one to help sup­port and guide them to­ward their goals.’’

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