Mr Murphy said the Gisborne chamber’s surplus had been maintained while still achieving all the government targets.
During that time the chamber had been a strong advocate regarding the need for an economic development agency in the region, which had now come to fruition with the creation of Activate Tairawhiti.
“What was abundantly clear right from the get-go was at the very least Activate Tairawhiti should hold that contract with the Government and, in fact, in most other areas the government has sub-contracted an EDA to run that programme.”
It was obvious that Activate Tairawhiti was a natural fit for the contract. “In 2016, whatever shape or form that government funding for the region is in, Activate Tairawhiti will lead it and the chamber will support it.
Regional development initiatives“As a result of us running that contract well, we have run up quite an embarrassing surplus of funds. We would look to give some of that surplus to provide funding to a number of Activate Tairawhiti work streams during 2015.”
Consequently, the chamber was in a position to distribute several lump sums to support key regional development initiatives this year, he said.
Possible projects had still to be decided but they would be “very much business-focused”.