PIIDS

PRIVATE SECTOR ASSISTANCE

1. Name of Organisation :
Pacific Islands Investment and Development Scheme (PIIDS)

2. Assistance Scheme/Program :
The scheme is divided into two components: PIIDS Investment and PIIDS Development. Applications made under PIIDS Development can be one-off and do not need to have a direct business focus. Applications made under PIIDS Investment must have a direct business focus. All PIIDS projects must share the common ingredient of private sector involvement.

There are six separate grants available under the scheme. A separate guidelines booklet is available for each type of grant.

In most cases only one grant will be made for each private sector initiative. However, in certain circumstances up to three different PIIDS grants may be available for one project if there is a good chance of a viable joint venture partnership being formed between New Zealand and Pacific Island partners.

The six grants are:

PIIDS Investment

Feasibility study (up to NZ$10,000 - applicant must contribute 50% of total cost).

Equity grant (up to NZ$75,000 - applicant must contribute 50% of total cost).

PIIDS Development

Training needs analysis (up to NZ$10,000 - applicant must contribute 50% of total cost).

Training program (up to NZ$25,000, 100% funding).

Advisory mission (up to NZ$25,000, 100% funding).

Personnel attachment (up to NZ$15,000, 100% funding).

Advisory Mission (up to N$25,000, 100% funding)

In an Advisory Mission an experienced worker, trainer, or consultant from the New Zealand Private Sector will advise on setting up or carrying out a specific project or aspect of a project. The Advisory Mission should not involve investigation or feasibility study work. The focus is on the project or venture rather than the industry or sector in general.

The cost of buying and/or transporting equipment such as computers may be included in the budget.

The equipment must be:

directly relevant to the Advisory Mission;

be donated to the Pacific Island partner on behalf of NZODA; and

be used for the long term benefit of the Pacific Island partner.

Personnel Attachment (up to NZ$15,000, 100% funding)

In a Personnel Attachment, Pacific Islands go to New Zealand to train in a particular vocation. A joint venture or a strong business relationship must already exist between the New Zealand training provider(s) and the Pacific Island trainee. The focus is on the individual who can take knowledge and skills back to the Pacific and apply them to the joint venture.

Personnel Attachments are for Pacific Island citizens and residents to travel to New Zealand. They are not for New Zealanders to travel to the Pacific.

3. Criteria :
The countries falling within the scope of the scheme are the Cook Islands, Fiji, Kiribati, Marshall Island, Micronesia, Nauru, Niue, Palau, Papua New Guinea, Solomon Islands, Tokelau, Tonga.

Applications can be made by:

an individual Pacific Islander or New Zealander. Individuals must be part of either the New Zealand or Pacific Islands private sectors;

any private sector organisation or body if it is registered in New Zealand or the Pacific Islands.Organisations include: cooperatives, companies, partnerships, institutions, incorporated societies, non-governmental organisations (NGOs), family groups.

1.	Name of Organisation	:	Pacific Islands Investment and Development Scheme (PIIDS)

2.	Assistance Scheme/Program	:	The scheme is divided into two components: PIIDS Investment and PIIDS Development. Applications made under PIIDS Development can be one-off and do not need to have a direct business focus. Applications made under PIIDS Investment must have a direct business focus. All PIIDS projects must share the common ingredient of private sector involvement. There are six separate grants available under the scheme. A separate guidelines booklet is available for each type of grant. In most cases only one grant will be made for each private sector initiative. However, in certain circumstances up to three different PIIDS grants may be available for one project if there is a good chance of a viable joint venture partnership being formed between New Zealand and Pacific Island partners. The six grants are: PIIDS Investment Feasibility study (up to NZ$10,000 - applicant must contribute 50% of total cost). Equity grant (up to NZ$75,000 - applicant must contribute 50% of total cost). PIIDS Development Training needs analysis (up to NZ$10,000 - applicant must contribute 50% of total cost). Training program (up to NZ$25,000, 100% funding). Advisory mission (up to NZ$25,000, 100% funding). Personnel attachment (up to NZ$15,000, 100% funding). Advisory Mission (up to N$25,000, 100% funding) In an Advisory Mission an experienced worker, trainer, or consultant from the New Zealand Private Sector will advise on setting up or carrying out a specific project or aspect of a project. The Advisory Mission should not involve investigation or feasibility study work. The focus is on the project or venture rather than the industry or sector in general. The cost of buying and/or transporting equipment such as computers may be included in the budget. The equipment must be: directly relevant to the Advisory Mission; be donated to the Pacific Island partner on behalf of NZODA; and be used for the long term benefit of the Pacific Island partner. Personnel Attachment (up to NZ$15,000, 100% funding) In a Personnel Attachment, Pacific Islands go to New Zealand to train in a particular vocation. A joint venture or a strong business relationship must already exist between the New Zealand training provider(s) and the Pacific Island trainee. The focus is on the individual who can take knowledge and skills back to the Pacific and apply them to the joint venture. Personnel Attachments are for Pacific Island citizens and residents to travel to New Zealand. They are not for New Zealanders to travel to the Pacific.
3.	Criteria	:	The countries falling within the scope of the scheme are the Cook Islands, Fiji, Kiribati, Marshall Island, Micronesia, Nauru, Niue, Palau, Papua New Guinea, Solomon Islands, Tokelau, Tonga. Applications can be made by: an individual Pacific Islander or New Zealander. Individuals must be part of either the New Zealand or Pacific Islands private sectors; any private sector organisation or body if it is registered in New Zealand or the Pacific Islands.Organisations include: cooperatives, companies, partnerships, institutions, incorporated societies, non-governmental organisations (NGOs), family groups.