Funding

The Ministry of Business, Innovation and Employment has published its guidance for tourism businesses interested in applying for the $54m Innovation Programme for Tourism Recovery.

The government has provided $350m for 46 councils to help achieve a greener, more efficient, and safer transport infrastructure for New Zealanders and support the Emissions Reduction Plan.

Tauranga will be the first region to access a new government fundraising tool to support up to $175m for local infrastructure projects.

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Up to $300,000 for the Creative and Cultural Events Incubator investment fund will support events that highlight New Zealand’s diverse culture and build national pride.

Pūkaha Wildlife Centre is seeking at least $150,000 for the completion of its Environmental Education and Accommodation Centre.

The increased funding will support critical programmes as the popular attraction gears up for recovery.

The Northland Regional Events Fund will soon take applications for its third round in October 2022, aimed at supporting events that drive visitation to the region.

“This investment will be vital in building the tourism workforce back up,” says Tourism Minister Stuart Nash.

Wellington Zoo has received an $811,702 grant for the construction of a new snow leopard habitat and visitor experience in partnership with Nepali conservation group Mountain Spirit.

A new analysis outlines the benefits and the risks involved.

BU Events will bring The Festival of Golf to Wairakei Resort, which is expected to attract 300 female competitors to Taupō.

The Taruheru cycleway in Gisborne will receive $1.5m for its continued development.

Projects include a new Leaning Lodge hut, an upgrade of the Otago Outdoor Education Trust’s camp facility, a new rescue boat for Wānaka Yacht Club, and revegetation projects along the Otago Peninsula.

The Cultural Sector Regeneration Fund is designed to support strategic, sector-led initiatives that will have lasting benefits for arts, culture, and heritage.

Queenstown Lakes District Council has issued a final call for tourism businesses in the district to apply for up to $60,000 funding from the Ministry of Business, Innovation, and Employment.

Enabling non-tourism sector organisations, such as technology and overseas firms, as well as academic institutions, to be eligible for will bring the highest level of innovation.

More than 19 events across the Waikato, Rotorua, Taupō and Ruapehu regions have received almost $1.3m in the second round of the Thermal Explorer Regional Events Fund.

Kāpiti Coast District Council’s 2022 Major Event Fund has allocated $200,000 to six events this year.

Destination Marlborough has received $30,000 for a one-off grant from Marlborough District Council.

The 2022 round of the Regional Culture and Heritage Fund (RCHF) is open for applications, with up to $13m earmarked for capital projects at performing arts venues, art galleries, museums, whare taonga, mixed purpose art and museum centres, and other cultural institutions.

Business groups have welcomed the government’s $100m Business Growth Fund, which plans to invest directly in small and medium-size companies seeking finance.

Up to $6m funding is available for projects that will help to decarbonise New Zealand’s transport sector, as part of the government’s Low Energy Transport Fund.

The government is extending the Arts and Culture Event Support Scheme to cover new and recurring events from 15 June 2022 to 31 January 2023.

Auckland’s Local Activation Fund and Discount Programme has resumed following the recent government changes to the Covid-19 Protection Framework, particularly the removal of caps for outdoor gatherings.

All New Zealanders need to be concerned about the “crazed lolly scramble” that was the STAPP, says an operator.

The Omaka Aviation Heritage Centre in Marlborough will receive a $1.7m funding injection from Marlborough District Council, but there’s a ‘catch-22 situation’ attached, says the district’s mayor.

The Kapiti Coast District Council has opened applications for the 2022 Major Events Fund for the region.

The government’s $49m kick-start fund should be extended to regions beyond the South Island and include the rest of the motu, says TIA.

The fund offered businesses $5,000 or more for high-profile events that promoted Hamilton and brought economic benefits to the city.

Wellington City Council and Greater Wellington Regional Council will each provide Sky Stadium with a $1.5m grant to help it get through the current Omicron outbreak and prepare for an events resurgence following the opening of New Zealand borders.

Operators in country’s five hardest-hit tourism regions, like those in Fox Glacier, will be able to access support of up to $50k.

The funding brings government support close to $1bn for its Maintaining International Air Connectivity scheme.

Applications for the second round of the Mackenzie Regional Events Fund will open on Friday 1 April.

Coach tour services provider Bayes Coachlines is to build a passenger bus with solar panels providing up to 10% of its own power and designed to have greater range and less maintenance than other electric buses.

The Government has allocated a further $12m to its Jobs for Nature programme, to be used for seven projects across the country.

The government is continuing to watch the impact of subdued activity in the tourism and hospitality sectors, given that some sectors are struggling at the red setting more than others.

The government will provide more support for events through expanding the amount of money and eligibility timeframes for key funding schemes.

Applications for the third and final round of the Southern Lakes Regional Events Fund are now open for events held May 2022 to February 2023.

Air New Zealand has secured another $500m from the government bringing its total taxpayer support to $2bn.

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Nineteen events have secured a total of $6.7m from the government’s Pasifika Festivals Initiative.

Kānoa has approved 100 tourism-related projects with $408m committed.

Tairāwhiti trails and a food festival have secured funding from Trust Tairāwhiti.

Cycle trails on four of New Zealand’s Great Rides will share just under $650,000 for repairs following extreme weather in June and July,

The government has extended its support for the international aviation sector to help maintain international passenger services and trade connections.

Wellington International Airport has set its latest bond issue size at $125m after strong demand from investors.

Applications for the second round of funding for the Northland Regional Events Fund will open 1 October, and for the Dunedin Regional Events Fund on 4 October.

The new funding for operators is needed in light of the latest lockdown and the likelihood of no international visitors over summer.

Wellington International Airport Limited is considering making an offer of 10 year unsecured, unsubordinated, re-setting fixed rate bonds to New Zealand institutional and retail investors.