We can help you accelerate specific growth opportunities through our grants programme.
START-UP VS ESTABLISHED
Pacific Business Trust Business Growth Grants – Application Process, Criteria & Supporting Documentation
AM I ELIGIBLE?
To be eligible for a Business Growth Grant you need to meet the following criteria:
Your business must have been operating for no less than 12 months
Your business turnover must not be less than $60,000 per annum
You must provide financial statements evidencing turnover for the past 12 months
You must demonstrate that the purpose of the grant is to grow your business and not to fund normal operation costs
You must provide evidence of the purpose of the grant. For example, if you are utilising the grant for a specific marketing service to develop your customer base then you must provide evidence of this with your grant application
You must agree to make a dollar for dollar contribution based on the grant applied for (the amount of which may be up to a maximum $5000)
You must agree to provide evidence that your contribution matches the value of the grant
WHAT DOCUMENTS DO I NEED TO PROVIDE WITH MY APPLICATION?
Completed Grant Application form
Financial statements for the most recent financial year or the 12 months immediately preceding the grant application
Evidence of your ownership interest in the business, for example:
Business registration documentation
Strategic or business plan which evidences the purpose of your grant and how that grant will aid in the development of your business
Bank statement showing that you have funds available to match the grant contribution
Quotations, invoices or other independent documentation evidencing the purpose of the grant
Any other evidence you deem relevant to the purpose of your grant application
HOW LONG DOES IT TAKE TO PROCESS MY GRANT APPLICATION?
Once we receive your completed grant application form and all supporting documentation/evidence outlining how you satisfy grant criteria your grant application will immediately be provided to the Chief Executive Officer (CEO) of the Pacific Business Trust.
Provided that she finds that you meet grant criteria and you have submitted all of the necessary supporting documentation the grant approval process will not take more than 7 working days.
If your grant application is incomplete, the CEO will request that you provide additional documentation to support your grant application.
If you do not meet the grant criteria the CEO will advise that your application has been unsuccessful and provide a brief outline as to why.
Successful applications will be advised within 7 days of having received a complete grant application package and the Pacific Business Trust will arrange transfer of the value of the grant. You will then be asked to provide evidence of your contribution to the grant.
We are working with key stakeholders to get this right. Watch this space!
The Pacific Business Trust provides support for Pacific businesses and Pacific entrepreneurs in New Zealand, with offices in Auckland and Wellington.
The Trust is focused on growing innovation, talent and leadership through bespoke and responsive business programmes and provides business grants to grow Pacific business.
The Pacific Business Trust facilitates ecosystems which ensure scalability and act as champions for our businesses, identifying and negotiating commercial opportunities.