Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Contact Energy announces support for Kiwi enterprises

Contact Energy announces support for Kiwi enterprises tackling social and environmental challenges

Today Contact Energy announced a partnership with Hikurangi Foundation, a leading social enterprise foundation, and their newly introduced social enterprise accelerator pilot. The one-year pilot builds on Hikurangi’s experience of supporting social enterprises to date, and will involve a series of business design workshops for early-stage social enterprises across New Zealand, before taking the ten most promising ventures through an intensive six month development programme.

As Hikurangi’s lead energy partner, Contact employees from across the country will provide invaluable support to the social enterprises, through business mentoring and skills-based volunteering, providing Contact’s employees with the opportunity to share their unique technical skills and expertise and learn about the challenges New Zealand communities face in caring for the environment and their people. The concept of public-private investment partnerships in the social enterprises space is one that’s new in New Zealand, but an established trend internationally.

“Contact’s rapt to be investing in Hikurangi and the accelerator pilot and to have the opportunity to learn from and share our team’s expertise with budding kiwi social enterprises to help nurture their innovative ideas into viable and sustainable businesses,” says Nicholas Robinson, Contact’s GM Customer Insight, Marketing and Communications. “For Contact it’s about investing in capability building and the success of social enterprises that have a key role in not only the Kiwi communities we operate in, but also more broadly in NZ Inc. Through our relationship with Hikurangi, we’ll provide practical support for enterprises investigating energy innovations like security of energy supply, access to energy, as well as opportunities to change and enhance the way energy is used in Kiwi homes and businesses.”

Alex Hannant, Executive Director of Hikurangi said “This partnership is a significant boost to Hikurangi’s work providing the skills, resources, and support that social entrepreneurs need to fulfil their potential and bring about positive change in our country and communities. With Contact Energy, we will demonstrate new ways of bringing the best of the private, public and community sectors together, and open up the opportunity for a new breed of innovative social enterprises to get up and running.”

Further details about how organisations can register their interest in taking part in the regional workshops will be announced by Hikurangi in the coming months.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Economic Update: RBNZ Says Rate Cut Seems Likely

The Reserve Bank will likely cut interest rates further as a persistently strong kiwi dollar makes it difficult for the bank to meet its inflation target, it said. The local currency fell. More>>

ALSO:

House Price Action Plan: RBNZ Signals National Lending Restrictions

The central bank wants to cap bank lending to property investors with a deposit of less than 40 percent at 5 percent and restore the 10 percent limit for owner-occupiers wanting to take out a mortgage with a deposit of less than 20 percent, according to a consultation paper released today. More>>

ALSO:

Sparks Fly: Gordon Campbell On China Steel Dumping Allegations

No doubt, officials on the China desk at MFAT have prided themselves on fashioning a niche position for New Zealand right in between the US and China – and leveraging off both of them! Well, as the Aussies would say, of MFAT: tell ‘em they’re dreaming. More>>

ALSO:

Loan Sharks: Finance Companies Found Guilty Of Breaching Fair Trading Act

Finance companies Budget Loans and Evolution Finance, run by former 1980s corporate high-flyer Allan Hawkins, have been found guilty of 106 charges of breaching the Fair Trading Act for misleading 21 borrowers while enforcing loan contracts. More>>

ALSO:

Post Panama Papers: Govt To Adopt Shewan's Foreign Trust Recommendations

The government will adopt all of the recommendations from former PwC chairman John Shewan to increase disclosure and introduce a register for foreign trusts with new legislation to be introduced next month. More>>

ALSO:

The Price Of Cheese: Cheddar At Eight-Year Low

Food prices decreased 0.5 percent in the year to June 2016, influenced by lower grocery food prices (down 2.3 percent), Statistics New Zealand said today. Compared with June 2015, cheese prices were down 9.5 percent, fresh milk was down 3.9 percent, and yoghurt was down 9.2 percent. More>>

ALSO:

Financial Advisers: New 'Customer-First' Obligations

Goldsmith plans to do away with the current adviser designations which he says have been "unsatisfactory" in that some advisers are obliged to disclose potential conflicts of interest and act in their customers' best interests, but others are not. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news