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IndigiShare in the media
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Fintech startup IndigiShare out to shake up Māori business finance
In 2020, the business disruption from the COVID pandemic seeded an idea in a Rotorua community reeling from shuttered businesses and absent tourists. Today, Māori-led fintech startup IndigiShare plans to launch two financial products to recycle money into local businesses and organisations, rather than sending it offshore .The Rotorua-based company has launched a pilot scheme for microloans and is fundraising to pilot a way to bypass bank merchant fees for retail transactions.
Fintechs head to FMA regulatory sandbox
Six fintechs have gained access to a new Financial Markets Authority regulatory sandbox to experiment with new products and services and ensure they comply with regulations. The pilot regulatory sandbox was announced late last year, in response to ongoing criticism about the lack of investment, innovation and disruption in the banking and finance sector and cumbersome regulations which are cited as a barrier to entry for fintechs.
Six fintech firms selected for FMA’s regulatory sandbox pilot
The Financial Markets Authority has confirmed the six fintech firms that will test their innovative products, services, or business models in its pilot regulatory sandbox.... IndigiShare aims to improve access to capital for Māori entrepreneurs via Te Whare Manaaki, a koha loan platform to support indigenous businesses.
Maria Ngawati | Managing Director at IndigiShare
A six-week business growth programme designed to support Māori enterprise launched in Rotorua this week, welcoming 16 aspiring entrepreneurs into its inaugural cohort.
Six-week Māori business programme launches
A six-week business development programme designed to support Māori enterprise launched in Rotorua this week, welcoming 16 aspiring entrepreneurs into its inaugural cohort. Te Aka Matua offers a kaupapa-Māori-led business programme where participants will develop their entrepreneurial ideas through group wānanga and one-on-one mentoring, transforming their business visions into reality.
Bulletin: Te Aka Matua
A six-week business growth programme designed to support Māori enterprise launched in Rotorua this week, welcoming 16 aspiring entrepreneurs into its inaugural cohort. Led by IndigiShare Charitable Trust, with support from the Booster Foundation, Te Aka Matua offers a kaupapa-Māori-led business programme where participants will develop their entrepreneurial ideas through group wānanga and one-on-one mentoring, transforming their business visions into reality.
Rotorua programme kick starts Māori business
Kaupapa Māori fintech, IndigiShare, has launched a business growth programme aimed at growing Māori businesses in Rotorua. Launched with support from the Booster Foundation, Te Aka Matua offers a comprehensive “kick start” for Māori business owners through personalised mentoring, business planning, and financial literacy coaching to support entrepreneurs to build on their business ideas or grow existing ventures.
Growing the “koha-driven economy” for Māori business
IndigiShare, the non-profit dedicated to revitalising the Māori economy, has distributed its first pilot loan as part of an innovative koha-loan model to support Māori-owned businesses. Te Whare Manaaki aims to break down barriers to entry for Māori businesses by pairing its community of ‘Koha Lenders’ with Māori-owned enterprises seeking capital investment, fostering a supportive ‘koha-driven economy’ for Māori entrepreneurs to thrive.
Former beneficiaries come to the aid of small businesses as Digital Doers
Graduates from the Digital Doers Academy have gone from job seekers on benefit to paid digital interns, and now want to provide emergency digital support for small businesses struggling with the effects of the current Covid-19 outbreak. Delivered by small business support community Manaaki.io and funded by the Ministry of Social Development (MSD), Digital Doers took solo-parent Wilfred Kiki Te Wao (Waikato-Tainui) from a job seeker receiving a benefit to a skilled digital intern in 20 weeks. So far, he has worked on projects for Sanctuary Mountain Maungatautari, River Adventures Waikato, Akomaiway and IndigiShare. Now Whatawhata local Te Wao is among a group [...]
Tompkins Wake Rotorua Business Awards 2023 finalists announced
Finalists for the 2023 Tompkins Wake Rotorua Business Awards have been revealed. A total of 62 finalists have been chosen from more than 100 entries for this year’s awards, which celebrate the accomplishments and resilience of the city’s business community. Rotorua Business Chamber chief executive Bryce Heard said he was “absolutely thrilled” with the number and calibre of entries. “We thought last year’s entries were awesome at 85 but this year our entrants have blown us away with a staggering 111 entries.
Bike tech brake sensor and app to seek investment
Potential investors have plenty of options to choose from at the Rotorua Pitch Night on 28 July. Six businesses are lined up to pitch, from a range of industries, including bike tech, tourism, gin and vodka distilling, ag tech and peer lending platforms. Matt Miller is pitching his company BrakeAce. He has developed the worlds first brake sensor and app to help mountain bikers improve their speed. “Currently there are more than twenty companies that offer data products such as Strava and Garmin, but no company offers a tool to help riders improve the way they ride. BrakeAce changes that.” “I really struggled [...]
Business digest: Record 20,000 apprentices in building trades training
Building and construction industry training organisation BCITO has announced it has a record of 20,000 apprentices in training. BCITO manages apprenticeships for the building and construction industry in New Zealand, including the Bay of Plenty.
Businesses seek investment at Rotorua Pitch Night
Potential investors have plenty of options to choose from at the Rotorua Pitch Night on 28 July. Six businesses are lined up to pitch, from a range of industries, including bike tech, tourism, gin and vodka distilling, Ag tech and peer lending platforms. The Rotorua Pitch Night event has the aim to introduce investment-ready businesses to prospective investors and be the start of an active local investor community in Rotorua. The event is being run by Firestation, Rotorua X and Rotorua Economic Development Limited.
Local Focus: Small loans can make a big difference for Māori business
A groundbreaking initiative is aimed at revitalising the Māori economy through the power of koha. Indigishare was developed during lockdown to help Māori businesses by developing a more sustainable economic model. It includes a crowdfunding platform where Māori put out a karanga to other Māori businesses for support. Chair Maria Ngawati said part of that is setting up a mechanism or a platform whereby whānau can koha to other Māori. "We're primarily focusing on business at the moment. You can be a start-up, entrepreneur, you can have an existing business, so we're here to help you start-up, build and to thrive."
