Waikato regional economic profile - Waikato Regional Council

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11.4 Business development and growth11.4.1 Government agenciesThe Government has recognised for some time that economic development dependson the performance of businesses and the Economic Development Group of theMinistry of Business, Innovation and Employment examines the development ofmanagement and business capability at the firm level and its link to businessperformance. Particular focus areas are the capabilities firms require to successfullyinnovate, access finance, export and grow. 400The Government announced in 2010 a new model for delivering information anddevelopment services to small businesses – a network of 14 'regional partners' run byNew Zealand Trade and Enterprise and the Ministry of Science and Innovation, nowthe Science + Innovation Group of the Ministry of Business, Innovation andEmployment.The regional business partner for Waikato is a partnership between OpportunityHamilton and Waikato Innovation Park, whereby Opportunity Hamilton is the contractholder and Waikato Innovation Park is a sub-contractor that delivers Science +Innovation Group services.On behalf of New Zealand Trade and Enterprise, the partners are responsible forcoordinating suitable training and information services in their regions by assessinglocal businesses and directing them to courses, advisors, information, and other publicand private services that meet their particular development needs. In some casesbusinesses may qualify for a partial subsidy, in the form of a voucher, to help pay forthe cost of training and business development services.On behalf of the Science + Innovation Group, regional partners provide research anddevelopment advice and make and manage research and development investmentsfrom the TechNZ business programme. The programme includes the followingcomponents:project fundingcapability fundingtechnology development granttechnology transfer voucher, andglobal expert.The Science + Innovation Group’s predecessor, the Ministry of Science and Innovation,provided $33,417,406 funding to firms in the Waikato region from 2008/09 to December2011. This was 8.9 per cent of all funding provided nationally at that time, which wasslightly higher than the region’s share of the number of investments made (151 or 6 percent) and was the fourth largest following Auckland, Canterbury and Wellington. 401The Government also established in 2008 the International Growth Fund, a single grantscheme to assist businesses growing globally by combining three of New ZealandTrade and Enterprise’s existing grant schemes into one single flexible fund. The fund istargeted at businesses New Zealand Trade and Enterprise is working closely with on aplan to help them develop and grow. These are businesses that New Zealand Tradeand Enterprise has assessed as being most likely to contribute to New Zealand’s longtermgrowth, including through success internationally in the short to medium term.400Ministry of Economic Development (2011c) Building business capability.401Ministry of Science and Innovation (2011a, p. 1).Page 140 Doc # 2069885
The Business Facilitation Service of Te Puni Kōkiri helps new and existing businesseswith advice and guidance. The service is available to any Māori entrepreneur orbusiness. The Business Facilitation Service does not provide funding or finance butcan help with:mentoringcoachingproblem-solvingnetworkingidentify funding sources, andaccessing resources and referrals to other business services.11.4.2 Membership-based business organisationsA chamber of commerce is a local organisation of businesses whose goal is to furtherthe interests of businesses. There are six chambers in the region: Cambridge, Raglan,Rotorua, Taupō, Te Awamutu and Waikato. In addition to networking and advocacy,the chambers offer information, education and training services to member firms.The Employers’ and Manufacturers’ Association is under the umbrella of Business NewZealand. Its four divisions include advocacy (participating in central and localgovernment processes and media relations), advice (from legal and employmentspecialists), learning (short courses and certificate programmes) and networks(networking services and events).Export New Zealand is a division of Business New Zealand that promotes exportingthrough networking, information, facilitated delegation visits and partnerships with theMinistry of Foreign Affairs and Trade and New Zealand Trade and Enterprise. Thereare approximately 250 members in the Waikato region.11.4.3 Science and technology parksIn its broadest sense a science and technology park is a managed environmentestablished to leverage existing resources for the purposes of enhancing a region’seconomic base. 402 Although there is no uniformly accepted definition of a science andtechnology park in the literature, the essential features of a science and technologypark are distilled into three main elements:1. Initiatives for the establishment and growth of technology enterprises.2. Formally and operationally linked to a centre of technical expertise.3. A unique environment which provides management support and businessincubation services for science and technology intensive companies. 403The objective of Waikato Innovation Park when it was established on 17 hectares ofland next to the Ruakura Research Centre in 2003 was to facilitate the developmentand implementation of the latest research with a view to leveraging productivity andprofitability in NZ’s primary industries such as farming and agricultural servicesgenerally.Wintec, the University of Waikato and AgResearch are strategic partners with WaikatoInnovation Park, which is currently home to over 50 companies. The relationship givespark tenants ready access to specialist resources such as laboratories, IT systems,development capabilities, student support and tertiary programmes.402Allen Consulting Group (2007, p. 1).403Allen Consulting Group (2007, p. 2).Doc # 2069885 Page 141
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Waikato Regional Council Technical
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Table of contentsAcknowledgementLis
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11.2.5 Industry Training Organisati
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The Government aims to create an en
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TransportAlmost a quarter of total
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Regional competitivenessRelative pe
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WRC identified three flagship goals
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WRC adopted the concept of green gr
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Figure 4: Real value of goods and s
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4. Foster policy learning through b
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economic development strategy for t
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Figure 5: Economic value added by s
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Figure 8: Unemployment by region, 2
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Figure 12: Median household and per
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Figure 15: Deprivation in Hamilton
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In addition to dairy products contr
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In May 2009, DairyNZ launched the S
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New Zealand exported $716.9 million
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Wallace Meats: is a subsidiary of W
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Figure 29: Location quotient and em
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Figure 30: AgBio New Zealand produc
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Five of New Zealand’s six largest
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Most providers of high valueservice
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When measured for its value to the
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is not considered by this profile t
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4.2 Transport4.2.1 RoadThe current
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Local roads in the Waikato region a
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Waikato to, or from, the Bay of Ple
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Approximately 40 per cent of all ex
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Figure 58: International arrivals t
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The New Zealand Energy Strategy has
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Figure 62: Transpower transmission
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Coal has been mined in the Waikator
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4.3.4 OilWaikato does not produce o
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etween 75 and 100 years. 202 The de
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Taupō District CouncilWater supply
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4.4.3 Productive water infrastructu
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The surveys identified that there i
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RBI has been implemented by the Gov
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Figure 76: RBI broadband in the cen
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5 People5.1 SummaryThis chapter des
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Figure 81: Urban population in the
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5.2.3 AgeingFigure 83: Percentage i
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Figure 88: Proportion of population
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Figure 92: Highest qualification pr
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Figure 95: Labour market areas in t
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Figure 99: Commuting patterns (2006
Page 106 and 107: Three areas of the Waikato region h
Page 108 and 109: Figure 101: Land uses in the Waikat
Page 110 and 111: 120%100%80%60%40%Land with limitati
Page 112 and 113: 6.6 WaterFreshwater is important fo
Page 114 and 115: Table 10: Current water take author
Page 116 and 117: 7 Institutions7.1 SummaryCentral an
Page 118 and 119: The final report of the Government
Page 120 and 121: Local authority Strategy DeliveryRo
Page 122 and 123: Local authority Strategy Vision Goa
Page 124 and 125: Local authority Strategy Vision Goa
Page 126 and 127: Figure 106: Iwi of the Waikato regi
Page 128 and 129: SettlementprogressMāoriCommercialA
Page 130 and 131: SettlementprogressDeed ofSettlement
Page 132 and 133: Figure 108: Geographic units with 0
Page 134 and 135: Figure 111: Entry rate (percentage
Page 136 and 137: Gas supply 0.44Air transport, servi
Page 138 and 139: Capital productivity is value added
Page 140 and 141: have low tangible assets and low or
Page 142 and 143: 11 Innovation system11.1 SummaryAs
Page 144 and 145: Zealand universities (34 per cent).
Page 146 and 147: cent), health (21 per cent) and hos
Page 148 and 149: Figure 124: Waikato ITO trainees (2
Page 150 and 151: The University of Waikato has five
Page 152 and 153: esearch.” 398 Research is essenti
Page 154 and 155: Landcare ResearchNational Institute
Page 158 and 159: Waikato Innovation Park provides se
Page 160 and 161: 12 Key findings and next stepsThe W
Page 162 and 163: There are also a number of opportun
Page 164 and 165: BibliographyAFFCO New Zealand 2010.
Page 166 and 167: Hauraki District Council 2009. Haur
Page 168 and 169: Ministry of Economic Development 20
Page 170 and 171: New Zealand Transport Agency 2010.
Page 172 and 173: South Waikato District Council 2009
Page 174: Waikato Regional Council 2011f. Lan
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