Te Moana a Toi Truffles Collective, made up of seven Māori landowners, will receive a grant of up to $1.11m to plant 13 hectares of truffle trees in the Eastern Bay of Plenty.
Allan said the Bay of Plenty had a credible history of producing high-value horticulture.
“These investments will see the region continue to grow in capability and build strong relationships with technical partners to thrive in this sector.
“Horticulture offers the opportunity Māori to leverage one of their key assets, their whenua, to generate economic return for the benefit of their communities and these investments work hand-in-hand with the priorities of the fund.”
Allan said Māori owned approximately 400,000 hectares of land in farms engaged in primary production and less than 1 per cent of this land was in horticulture.
“Investing into these kinds of enterprises will be a promising pathway to creating sustainable regional growth in Aotearoa.”