Regional snapshot

Role of Venture Taranaki

As the regional development agency for Taranaki, Te Puna Umanga, Venture Taranaki supports local entrepreneurship and enterprises to grow, promotes our region, and helps develop our sectors, building a thriving Taranaki economy that supports the well-being of our region’s people and environment. We work with key stakeholders across a wide range of industries and sectors, local and national government, community groups, iwi, and individual enterprises to support the region’s development.

Our work is guided by our regional economic development strategy, Tapuae Roa 2025/26. This action plan ensures that Taranaki is proactively and pragmatically striving to meet the region’s collective vision. They focus on the things we can do right here and now by tapping into our talent and regional strengths.

We are currently engaged with projects in the European Union through the IURC (International Urban and Regional Cooperation) Programme Phase 2 and are actively pursuing opportunities highlighted through the Horizon Europe Research Fund. Taranaki was partnered with Vilnius from Lithuania for Phase 1 of the IURC programme. This included bilateral exchanges and involved other key regional players including Ara Ake, Hiringa, and the New Plymouth District Council.

Key projects

Branching Out

The leading land use and value chain diversification project in New Zealand.

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Sustainable Building Materials

Venture being progressed through Branching Out focused on utilising Hemp Fibre for construction.

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Taranaki Applied Innovation Centre

Strategic project to connect, enable, develop and accelerate the science and technology sector in region, including a focus on decentralised biogas production and energy cropping.

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New Energy

As the region transitions away from oil and gas production, a number of initiatives are underway connected to production and distribution of hydrogen, biogas and other Power to X opportunities.

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Contact Us

Matt Lamb
Strategy and Investment Lead
Email Matt Lamb
Stacey Hitchcock
Deputy CE/GM Investment
Email Stacey Hitchcock