$25 Million Special Fund. Formed 25 years ago Funded from Golden Bay to Rakaia River to Chatham...
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Transcript of $25 Million Special Fund. Formed 25 years ago Funded from Golden Bay to Rakaia River to Chatham...
$25 Million Special Fund
• Formed 25 years ago• Funded from Golden Bay to Rakaia River to Chatham
Islands• Grown capital base from $370 million to $530 million• Contributed nearly $340 million into communities• Donated $19million last financial year
Canterbury Community Trust has a proud history in Canterbury
• One off fund to help rebuild social infrastructure
• Second time in Trust history of digging into capital reserves
Special Fund launched to support social infrastructure of Canterbury
Special Fund – Breakdown
Social Housing Part-nership$10.0m
Ngai Tahu Partnership$2.0m
Rebuild Community Fabric Fund
$6.0m
Event De-velopment
$1.9m
Regional Fund
$5.1m
To enhance the reputation of Canterbury as an idyllic place to live and visit, and provide the following community returns:
• Help support employment opportunities and outcomes• Encourage innovation and self sufficiency• Encourage community participation
Social Enterprise Fund - Objectives
We are looking for projects which meet at least one of four pillars to benefit the community:
1. Social 2. Cultural 3. Environmental 4. Scientific
Social Enterprise Fund - Objectives
• This is the first time that we have done something like this
• We are very keen to see if the way we have selected produces the results everyone is looking for
• We have teamed up with University of Canterbury’s Dr Sussie Morrish
Learning through doing
• Setting the scene for Social Enterprise• A local example• Break• Business Case Planning• TCCT Application and Process• Business Mentors NZ• Q&A
The plan for today