Through the GCBSF, DWC issued loans to 42 businesses in the area in the 2021-22 financial year. Structured not merely as a stop-gap measure, the fund aimed to retain employment and secure the long-term viability of the community. The underlying principle was to protect the social fabric of the area, rather than offering one-off grants to individuals.
Two years down the track and the GCBSF has proven instrumental in buoying many businesses through the crisis. With the reopening of international borders, these businesses are regaining momentum, bolstering the region’s economy - a genuine demonstration of collaboration and community resilience.
“We are so glad that DWC came to our rescue to stay in business during COVID-19 times. Without your help we would not have a Café. The loan helped us with paying the suppliers and definitely helped to stay in business. We are forever grateful for this.”
“Two years on, it’s easy to forget that COVID-19 and the rapid closure of international borders had huge economic and social repercussions, and for South Westland particularly," said Barry Hughes from Okarito Kayaks.
"This was a genuine existential threat to our long-running business, which supports our family and local community. At the most critical moment, DWC’s decision to step in and offer highly targeted direct financial support, that central government had refused to consider, was crucial in providing us with the cashflow and confidence to persist through the uncertainty of 2021."
“Now, two years later, we are grateful to be in a position to be able repay our loan, and to have returned to employing, and investing in, the young New Zealanders that we hope will become the future business leaders on the Coast.”
Business support stories
Local brewer expands capacity with support from DWC
Woodstock Brewing Co. underwent a significant expansion of its operations in December, thanks to the assistance of a loan from DWC.
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Old West Coast school converted into luxury apartments
The old school in Reefton has been converted into fully furnished luxury apartments to help address the accommodation shortage.
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New dessert and ice cream parlour opens
Amanda Aveyard and Loren Rigby have launched a new business in Hokitika.
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West Coast premium wild game pies
Emily Lucas opened the doors of a new bakery in Westport last month. Through her business the West Coast Pie Company she aims to change consumer thinking about wild game meat.
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Support for Rough and Tumble Lodge
DWC support helps transition the Rough and Tumble Bush Lodge into West Coast ownership and maintain local employment.
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Homebuilders finds a home with support from DWC
Homebuilders West Coast Trust has settled into a new home after its former building was flooded in July last year.
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From employee to business owner
Support from Development West Coast enables Hokitika man to transition from employee to business owner with six staff.
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New dental clinic set to create jobs in Hokitika
Construction of a purpose-built dental surgery in Hokitika is underway with support from DWC.
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Support for gaming company
Next-generation gaming company developing exciting new and innovative gaming content from Westport.
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DWC support a game changer
To keep up with increasing demand for products, local business approaches DWC for assistance.
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Westpeak New Zealand builds new warehouse
Commercial finance from DWC enables company to build warehousing operation on the West Coast.
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Free range eggs on the West Coast
Support helps Westport business meet demand for free-range eggs
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Off the beaten track in a Unimog
DWC support helps establishment and development of new tour.
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Award-winning West Coast bacon
Support from DWC allows Harihari business to create new jobs.
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