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Kaihanga

Kaihanga

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$36.9 Billion

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2011 research puts the Maori economic base at $36.9 billion and Maori as the world's third most entrepreneurial indigenous people – and harnessing their business potential would have major benefits for the New Zealand economy.

Session three of the Unitec Forum for the Future 2011 – Enriching Maori Entrepreneurship Rangitiratanga mo te Kaipakihitanga Maori – was a lively and energetic session at the Unitec Theatre. The debate was facilitated by broadcaster and editor of TVNZ’s Te Karere, Shane Taurima. Panelists included the Minister of Maori Affairs and member of the Maori Economic Taskforce, Dr Pita Sharples; Kristian Beazley, a successful entrepreneur and director of Bold Co, an entertainment and event rigging company; Nga Puhi business owner Heta Hudson, who is also head of the WHK Business Growth Team; Leisa Nathan and Andrea Anderson from Ochre Business Solutions Ltd; and business and development advisor to iwi, hapu and government, Eru Lyndon MBA.

As the focus for Maori in business changes from a reliance on land-based commercial activities into a broad range of commercial ventures, a Maori taskforce has engaged Business and Economic Research Ltd (BERL) to investigate benefits for Maori in pursuing innovation, R&D and technology activities. As to how they can make the most of Maori business opportunities, three fundamental challenges must be worked through: governance arrangements, property rights and mandates, and commercial value creation.