Provincial Growth Fund (PGF)
The New Zealand Government has allocated three billion dollars over a three-year term to invest in regional economic development through the Provincial Growth Fund (PGF).
The PGF is administered by the Provincial Development Unit, part of the Ministry of Business, Innovation, and Employment.
Most of the government's $3 billion Provincial Growth Fund (PGF) has been fully allocated, as a result of the government reset of PGF funding to help the country recover from the economic impact of COVID-19.
They are part of Ministry of Business, Innovation and Employment.