The evolving Maori business landscape: Unlocking the next wave of growth|Herald…

The evolving Maori business landscape: Unlocking the next wave of growth|Herald NOW Business <!--mynz:youtube-chapters--> {"v":1,"chapters":[{"timeSeconds":1,"label":"Introduction to Maori Business Landscape","summary":"The video begins with an introduction to the evolving Maori business landscape and the next wave of growth. The host introduces Dale Stephens, Chair of the NZ Maori Tourism Board."},{"timeSeconds":12,"label":"Distinguishing Maori Authorities vs. Maori Businesses","summary":"Dale Stephens explains the difference between Maori authorities and Maori businesses. Maori authorities are described as entities that hold assets and trust for their people, while Maori businesses are more commercially driven."},{"timeSeconds":50,"label":"Māori Authorities' Role and Limitations","summary":"Maori authorities are seen as asset holders with a social and cultural commitment to their people. However, they lack the flexibility to adapt to market changes and cannot be leveraged for capital."},{"timeSeconds":109,"label":"Māori Businesses' Flexibility and Growth","summary":"In contrast, Maori businesses are more flexible and can adapt to market opportunities. They are described as being able to move in and out of opportunities and retain their core assets."},{"timeSeconds":143,"label":"Challenges in Māori Business Funding","summary":"The discussion touches on structural issues that pose challenges for Māori businesses, particularly in securing funding. The reliance on land assets held by trusts can limit access to capital."},{"timeSeconds":221,"label":"Diversification in Māori Economy","summary":"Māori businesses are diversifying into new sectors like high-tech and professional services. This includes areas like video production and value-adding to primary products."},{"timeSeconds":343,"label":"Structural Issues Hindering Māori Businesses","summary":"Structural issues, such as the way assets are held for Māori, can hinder commercial enterprises. This reliance on land assets can make it difficult for Māori businesses to access capital."},{"timeSeconds":450,"label":"Māori Queen and Funding Opportunities","summary":"The conversation mentions the Maori Queen and the establishment of a $100 million fund. This fund aims to provide Māori with opportunities to access capital for commercial ventures."}]} <!--/mynz:youtube-chapters-->