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

 


Te Māngai Pāho to manage Māori ICT Fund

Te Māngai Pāho to manage Māori ICT Fund

12:39:PM, 14 August 2014

The Board and management of Te Māngai Pāho has welcomed today’s announcement by the government that it has been selected to administer and govern the $30 million Māori ICT Fund signalled in Budget 2014.

“It is very pleasing that the government has confidence in the ability of Te Māngai Pāho to provide sound and transparent processes for the management and contracting of contestable funding,” Te Māngai Pāho Chief Executive John Bishara said.

Board Chair, Piri Sciascia added “As the convergence of technologies provides traditional broadcasters with new competitors for audiences and revenue, it is sensible that integrated ICT investment strategies are developed that include both traditional and emerging technologies. The Board of Te Māngai Pāho acknowledges that this decision provides Te Māngai Pāho with the opportunity and obligation to engage with iwi, government and industry stakeholders to create such a strategy for Māori ICT development.”

The Māori ICT Fund has a dual purpose: to support Māori economic development by increasing the participation of Māori in the sector, and consequently increasing the inherent business development opportunities the sector offers, now and in the future; and to support initiatives that support access to Māori language and culture through ICT.

Mr Bishara said the allocation strategy would be determined only after extensive consultation with those who have an interest in Māori ICT development. Te Māngai Pāho’s immediate focus will be getting input from across the sector, iwi and Māori groups and ensuring that it has the right accountability processes in place to administer the fund efficiently.

To help it make sound decisions, Te Māngai Pāho already engages ‘expert panels’ within the streams it currently funds (television, music, radio, digital and new media). Similarly, Te Māngai Pāho will establish an ICT ‘expert panel’ to assist in the development of ICT strategies and the assessment of proposals.

Te Māngai Pāho has been given an initial allocation of $500,000 for 2014/15, principally to consult and develop the over-arching investment strategy along with the administration and oversight arrangements. In the second and subsequent years, the allocation available for distribution will increase to approximately $5 million a year for the next 6 years.

"We have significant experience in allocating funds and a track record of doing this well. We believe we largely have the administration processes and mechanisms in place already but we recognise that we will need to develop our capacity to recognise and support ICT opportunities that enhance Māori economic development. We look forward to that challenge.”

"The selection of our organisation to carry out this function acknowledges the Māori language leadership that Te Māngai Pāho has provided for nearly two decades and is a natural extension of that role" Mr Bishara said.

Te Māngai Pāho was established in 1993 and over that period has managed over $700 million in funding with approximately $52 million allocated annually over the last ten years.


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

OceanaGold: Man Killed In Waihi Mine Accident

A 29-year-old man had died following a work place accident at OceanaGold mine, Waihi last night. The man was killed after the front end loader he was in rolled down a slope. The accident happened at approximately 6.30pm on Thursday night. More>>

ALSO:

Constructing Consent: Annual Housing Consents Highest In Over A Decade

More than 29,000 new homes gained building consent in the year to June 2016, up 16 percent from the previous June year, Statistics New Zealand said today. More>>

ALSO:

War Against Weevil For Future Peas: “No Peas, No Weevil” Ban Now In Place In Wairarapa

The Ministry for Primary Industries (MPI) has today placed a ban on growing peas within a specified area and placed controls on moving pea material (seed and untreated pea straw) within, in and out of this area for the next 2 years. More>>

ALSO:

Wood Producers: Crisis In New Zealand Log Supply

New Zealand wood processing leaders held a hui with senior government officials and political leaders in Whangarei yesterday to assess the acute log supply shortage to local mills in Northland. More>>

Consents And Taxes: Trustpower 'Very Disappointed' With Judgement

Trustpower is "very disappointed" with a Supreme Court ruling dismissing its bid to claim tax deductions on $17.7 million of project costs in a case closely watched by large-scale infrastructure developers. More>>

ALSO:

Fruitful Endeavours: Kiwifruit Exports Reach Record Levels

In June 2016, kiwifruit exports rose $105 million (47 percent) from June 2015 to reach $331 million, Statistics New Zealand said today. Overall, goods exports rose $109 million (2.6 percent) in June 2016 (to $4.3 billion). More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news