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The Regional Business Partner Network is a New Zealand government-funded growth program to assist businesses of all sizes with networking, training and development. If your business focuses on growth, becoming part of the network can offer significant opportunities. It may even open up financing options for further government support, like vouchers for training and development. This article will explain:

  • the Regional Business Partner Network; 
  • the benefits it can offer your business; 
  • and how growth advisors can assist in your business’ growth and development.

What Is the Regional Business Partner Network?

The Regional Business Partner Network describes itself as “a gateway that connects you to the right advice, people and resources”. Essentially, they are a business support organisation with government backing to assist growth-orientated New Zealand businesses. The Network is the collective face of 14 regional growth agencies spread throughout the country. The idea is to provide your business with region-specific industry advice and connections if required. 

Additionally, the network offers a range of services and benefits that are mostly free for members. For example, there are various networking benefits and specific training and development programs. The government funds other forms of training through the network. In general, it is a helpful resource for many businesses. It can also give you the referral or extra support that your business needs when looking to grow. 

What Does the Network Offer?

The Regional Business Partner Network generally aims at supporting your business with networking opportunities and training and development where relevant. The Network, through its team of growth advisors, will help identify possible resources your business could use. They will likewise assist in organising for that assistance. This can take several forms depending on the size and stage of your business. Putting you in touch with helpful and aligned partner businesses, passing on industry information or organising management mentors are all aspects of the network’s benefits. 

You may also be eligible for funding for training and specialist business advice. At the time of writing, the two major options for this funding include:

  • the Covid-19 Business Advisory Fund, for an amount up to $5,000 spend on advice and support; and
  • the Management Capability Voucher Fund, for an amount up to $5,000 towards 50% of the cost of management training.

What Is a Regional Business Partner Growth Advisor?

If your business joins the Regional Business Partner Network, you will be allocated a person to be your main point of contact with the network and with other regional businesses. This person is your ‘growth advisor.’ Their role is to help boost your business and assist you with accessing the various services that the Network offers. 

Further, growth advisors will start their relationship with your business in the form of a discovery session. You can expect this discovery session to be a chance to meet your growth advisor and give them an overview of your business. This can be helpful to let the growth advisor understand your business’:

  • broader strategic goals; 
  • possible synergies with other regional businesses; and 
  • possible fund options or vouchers that might be relevant. 

Your growth advisor will also prepare an action plan to help take your business forward. This plan will typically cover various strategies, from introducing your business to a new supplier and providing training to key staff. 

Key Takeaways

Your business might be targeting growth and looking to expand its network and horizons. In that case, the Regional Business Partner Network can be a helpful asset and source of further resources to aid development. The Network is supported by the government and focuses on helping its members develop valuable connections and access training opportunities. There can be specific vouchers and funding available as well to help your business with training and development.

If you would like more information about the Regional Business Partner Network, contact LegalVision’s corporate lawyers on 0800 005 570 or complete the form on this page.

Frequently Asked Questions

What is the Regional Business Partner Network?

The Regional Business Partner Network is a government-funded program to assist businesses with growth, networking, and development. There are 14 regional growth companies and various resources that the network makes available to businesses to assist in training and development.

What benefits does the Regional Business Partner Network offer?

The Network offers different benefits to its members, from networking opportunities like events and industry advisors to targeted assistance for your business from a designated growth advisor. There are also vouchers and financial assistance available for specific training and support purposes.

How does a business sign up to the Regional Business Partner Network?

Any business can sign up to the Network through the online process. The process takes 5-10 minutes to complete, and a growth advisor from your region should be in touch within 48 hours.

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