Te Korowai o Ngāruahine Trust

What Te Korowai o Ngāruahine Trust does

Te Korowai o Ngāruahine Trust is a Post Settlement Governance Entity (PSGE) established in 2013 to represent Ngāruahine Iwi in Taranaki, New Zealand, following the 2014 Deed of Settlement and receipt of treaty settlement assets at the end of 2016. The trust is governed by a board of 12 trustees elected by registered uri (descendants) and operates from its headquarters at 40A Union Street, Hāwera, with 19 staff. Its core function is to manage and grow treaty settlement assets for intergenerational benefit through a wholly-owned commercial subsidiary, Te Kīwai Mauī o Ngāruahine, and to deliver a portfolio of iwi services across four strategic pou (pillars): Ngāruahinetanga (cultural identity and education), Poua Te Pātūtū (housing and financial literacy), Te Kawa Whanakeora (economic development and procurement), and Tupua Te Mauri (environmental stewardship).

The trust's service portfolio spans education scholarships and grants (He Iti Taku Iti programme), financial literacy and housing support (Ka Uruora), a procurement strategy channeling over $60M in 5-year construction and venture opportunities to uri (Te Ara Toiroa), land development across 1,782+ hectares, cultural preservation initiatives, an upcoming 18-room cultural lodge (Ngā Rere), and member benefits such as the exclusive Bunnings Powerpass partnership. Membership and service access is managed through the MāoriMe registration portal (powered by Tikios), with engagement supported by a seasonal newsletter (He Pākiki), Facebook pages, wānanga, and marae-based community events. The revenue model is non-commercial in the traditional sense — funding derives from treaty settlement assets, government agency partnerships (MPI, MBIE, Te Puni Kōkiri, MSD, Ministry of Education), and emerging commercial ventures through Te Kīwai Mauī and Ngā Rere, with no publicly disclosed financials.

Name

Te Korowai o Ngāruahine Trust

Legal name

Te Korowai o Ngāruahine Trust

Website

https://ngaruahine.iwi.nz

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Te Korowai o Ngāruahine Trust is a Post Settlement Governance Entity managing treaty settlement assets and delivering iwi services — education, housing, cultural preservation, and economic development — exclusively to registered Ngāruahine uri across six hapū in Taranaki, New Zealand.

Ownership category

akta.pro rank

Product category

Iwi Governance Services

NAICS

Trusts, Estates, and Agency Accounts (52592)

SIC

Services-Membership Organizations (8600), Finance Services (6199)

akta.pro primary industry

Stakeholder Engagement, Indigenous/Tribal Consultation & Social Impact (SIA) (EUAHAAAH)

akta.pro secondary industries

Association Compliance, Governance & Board Support Services (BPAJAHAN), Land Use, Indigenous & Community Engagement Policy (EUAMANAL)

Keywords

• Iwi governance services
• Treaty settlement management
• Cultural preservation programmes
• Education scholarships grants
• Housing financial literacy

Headquarters

HQ city

Hāwera

HQ country

New Zealand

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Treaty Settlement Asset Management: Te Korowai manages treaty settlement assets received at the end of 2016. The commercial entity Te Kīwai Mauī is tasked with growing treaty settlement assets through investments in commercial activities that generate returns for the trust.
2. Procurement and Construction Projects: Over $60M worth of construction projects and other ventures on the radar over the next 5 years. Te Ara Toiroa procurement strategy creates economic opportunities for uri through privileging them for training, employment, and business development in these projects.
3. Housing Development Programs: Ka Uruora housing initiative developed in partnership with iwi to help uri achieve financial independence through savings, education, and home ownership opportunities. Feasibility studies and financial analysis conducted on properties for housing development.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Te Korowai o Ngāruahine Trust is the Post Settlement Governance Entity (PSGE) for Ngāruahine Iwi, established in 2013. It manages treaty settlement assets through its commercial subsidiary Te Kēwai Mauī, and delivers a portfolio of iwi services to registered Ngāruahine uri including education scholarships and grants, housing and financial literacy programmes (Ka Uruora), a procurement and economic development strategy (Te Ara Toiroa), cultural preservation initiatives (Te Whare Kōrero, Pēpi/Māmā Packs), youth engagement (Te Ūkaipō), environmental stewardship (Kaitiaki Plan), and an upcoming cultural lodge (Ngā Rere).

Product overview

Te Korowai o Ngāruahine Trust is a Post Settlement Governance Entity (PSGE) for Ngāruahine Iwi, established in 2013. Rather than a unified software product, the organization offers a portfolio of iwi services and initiatives including: cultural programmes (Te Ūkaipō virtual engagement, Te Whare Kōrero cultural repository, Ngā Kete Uaratanga pēpi/māmā packs); education support (He Iti Taku Iti scholarships and grants, PKW joint scholarship, Te Hua Ōwhiti environmental scholarship); housing and financial literacy (Ka Uruora home ownership programme); economic development (Te Ara Toiroa procurement strategy, Skills and Business Register, Land Development Programme); an upcoming cultural lodge (Ngā Rere, 18 rooms); and member benefits (Bunnings Powerpass). The organization also maintains a member registration portal via MāoriMe and publishes He Pākiki seasonal newsletter.

Differentiator

Problem solved

Functional benefit

Brands

• Te Kīwai Mauī o Ngāruahine: The standalone commercial entity of Te Korowai o Ngāruahine, accountable to the Trust. Its purpose is to grow treaty settlement assets by investing in commercial activities that generate healthy returns.
• Ngā Rere
• Te Ūkaipō
• Te Whare Kōrero o Ngāruahine
• Ngāruahine Iwi Health Services
• He Iti Taku Iti
• Ka Uruora
• Te Ara Toiroa
• He Matauraura
• Ka Uruora Taranaki
• Te Uru Taiao o Ngāruahine

Products and services

• Ngā Rere Cultural Lodge An 18-room cultural lodge located in Taranaki, New Zealand, offering immersive cultural experiences including storytelling, guided tours, and dining. Manuhiri (guests) experience manaakitanga through Ngāruahine culture, with meaning flowing through building design, accommodation, and guided experiences connected to Taranaki Maunga.
• MāoriMe Registration Portal Online registration portal (powered by Tikios) enabling descendants of Ngāruahine Iwi to register with Te Korowai o Ngāruahine Trust. Supports new registrations, updating existing registrations, and registration of tamariki under 18 years of age.
• He Iti Taku Iti Education Scholarships and Grants Scholarship and grant programme supporting uri in education and training, including 2 x $3,000 postgraduate scholarships, 4 x $1,500 undergraduate scholarships, and grants for full-time or part-time tertiary study at recognised institutions in Aotearoa.
• PKW-Ngāruahine Iwi Undergraduate Scholarship Joint scholarship programme with PKW Trust supporting Ngāruahine uri in their second year of undergraduate study or higher. One $3,000 scholarship awarded annually to uri demonstrating community involvement, with requirement of endorsement by a living PKW shareholder.
• Te Hua Ōwhiti Taiao Scholarship One-year scholarship supporting students undertaking Environmental Studies. Five $1,500 scholarships available for students majoring in environmental science, environmental planning, or Māori Resource Management at recognised tertiary institutions.
• Te Hua Ōwhiti Kura Grant Grant of up to $250 to assist rangatahi (under 18 years) in participating in extracurricular activities that build confidence, connection, and wellbeing. Covers sports, cultural, and community activities. Open all year.
• Tuku Aupiki Grant One-year grant of up to $500 for non-funded short courses, conferences, wānanga, and online courses for applicants aged 16 years and over.
• Hinehou me Punahau Grant Two grants of $1,500 each (sponsored by Aronga Ltd) supporting mothers in full-time or part-time training at recognised tertiary institutions in Aotearoa. Preference for mothers returning to work after raising tamariki or studying Te Reo Māori or Teaching.
• Ngā Kete Uaratanga Pēpi/Māmā Pack Free initiative providing taonga for pēpi and māmā, connecting pēpi from birth to their iwi and helping them grow a strong cultural connection. Available to uri registered with Te Korowai whose pēpi is also registered.
• Ka Uruora Programme developed in partnership with iwi to help uri achieve financial independence through savings, education, and home ownership opportunities. Includes Financial Literacy Training Programme for whānau in Te Hāwera; 110 uri registered with 55 having completed the Financial Literacy Programme.
• Te Ara Toiroa Procurement Strategy Procurement strategy designed to privilege uri, hapū, marae and iwi in economic opportunities. Aims to create a self-perpetuating Ngāruahine economy through procurement initiatives across over $60M of construction projects and ventures over 5 years.
• Ngāruahine Skills and Business Register Database of Ngāruahine uri businesses and qualifications. Part of Te Ara Toiroa strategy to connect uri with over $60M worth of construction projects and ventures over 5 years.
• Ngāruahine Land Development Programme Programme supporting development of commercially viable businesses on Ngāruahine land (uri, hapū, Māori freehold and reservations). Working with Ministry of Primary Industries on alternative land use. Stocktake confirms over 1,782 hectares across 113 land blocks.
• Bunnings Powerpass Card Exclusive Bunnings PowerPass New Zealand Membership Programme available to registered Ngāruahine uri aged 18+, providing exclusive pricing and access to products at Bunnings stores across New Zealand.
• He Pākiki Newsletter Seasonal digital newsletter/publication of Te Korowai o Ngāruahine published quarterly (Ngahuru/Autumn, Raumati/Summer, Koanga/Spring, Takurua/Winter) and available via the Issuu platform, covering Ngāruahine updates, events, and community news in both English and Te Reo Māori.

Quantifiable outcome

• 110 uri registered with Ka Uruora housing programme, 55 uri completed Financial Literacy Programme
• +3 more outcomes

Named customers2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and minor.

• BunningscoreStrategic or Co-development PartnerExclusive partnership providing Bunnings PowerPass New Zealand Membership Programme to registered Ngāruahine uri aged 18+. Uri unlock exclusive pricing and access to a huge range of products at any Bunnings store across New Zealand. Contact: Kelsey at [email protected]
• PKW TrustcoreStrategic or Co-development PartnerJoint PKW-Ngāruahine Iwi Undergraduate Scholarship partnership offering 1 x $3,000 scholarship to Ngāruahine uri in second year or higher of undergraduate study. PKW continually seeks opportunities to partner with iwi in Taranaki. Requires endorsement by a living PKW shareholder.
• Ministry of Primary Industries (MPI)coreStrategic or Co-development PartnerTe Korowai working with MPI to support Ngāruahine landowners investigate alternative land development opportunities. MPI's alternative land use programmes being promoted through engagement process supporting uri owners and administrators to investment ready stage.
• Aronga LtdminorGTM or Marketing PartnerSponsor of Hinehou me Punahau Grant - 2 x $1,500 grants for mothers in training at recognised tertiary institutions. One-year grant supporting māmā returning to work while raising tamariki or studying Te Reo Māori.
• MāoriMe (Tikios)coreTechnology or IntegrationDigital registration portal MāoriMe allows uri to interact directly with Te Korowai and the information held. Supports new registrations, updating existing registrations, and immediate registration of tamariki under 18 and pēpi. URL: maorime.tikios.co.nz
• Ministry of Social DevelopmentminorStrategic or Co-development PartnerCross-agency discussions planned for Te Ara Toiroa Implementation Plan funding. Part of multiple government agency engagement including MSD, MBIE, Te Puni Kōkiri, Ministry of Housing and Urban Development, Ministry of Education.
• Ministry of Business, Innovation & Employment (MBIE)minorStrategic or Co-development PartnerCross-agency discussions planned for Te Ara Toiroa Implementation Plan funding alongside other government agencies for procurement strategy implementation.
• Te Puni KōkiriminorStrategic or Co-development PartnerCross-agency discussions planned for Te Ara Toiroa Implementation Plan funding alongside other government agencies.
• Ka UruoracoreStrategic or Co-development PartnerHousing programme developed in partnership with iwi to help uri achieve financial independence through savings, education, and home ownership opportunities. Te Korowai offers Ka Uruora Financial Literacy Training Programme for whānau in Te Hāwera.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Waikato-Tainui: Post Settlement Governance Entity for Waikato-Tainui managing treaty settlement assets, commercial holdings, and a broad portfolio of iwi development, cultural, education, and environmental programmes structurally analogous to Te Korowai.
• Ngāti Tūwharetoa: PSGE for the Ngāti Tūwharetoa iwi, with comparable functions in settlement asset management, member services, cultural preservation, and iwi-led economic development. Similar scale and operational breadth to Te Korowai.
• Ngāti Whātua ki Ōrākei Trust: Auckland-based iwi PSGE managing settlement assets, commercial property holdings, and member programmes. Comparable governance, asset-management, and beneficiary-services function to Te Korowai, with a heavier commercial-property emphasis.
• Tūhoe Te Uru Taumatua: Tūhoe's post-settlement governance entity managing significant treaty settlement assets (including Te Urewera land) and iwi development programmes. Closely analogous PSGE structure with a comparable mix of cultural, asset, and member-services activity.
• Taranaki Iwi: Closest geographic peer - Taranaki-based iwi PSGE delivering settlement asset management, member services, and iwi development programmes. Shares Te Korowai's regional operating environment and stakeholder set.
• Te Rūnanga o Ngāi Tahu: Largest iwi PSGE in New Zealand, managing significant treaty settlement assets, commercial operations, and cultural programmes. Operates a comparable governance, asset-management, and member-services model to Te Korowai but at a substantially larger scale.
• Ngāti Raukawa: Lower North Island iwi PSGE delivering comparable functions in settlement asset management, member services, and iwi development. Operates at a similar organisational scale to Te Korowai with comparable programme breadth.
• Te Rūnanga o Ngāpuhi: Northland-based PSGE structure for Ngāpuhi, one of the largest iwi by population. Comparable governance, asset-management, and member-services mandate though currently with a less-mature settlement-asset base than Te Korowai.
• Ngāti Kahungunu Iwi Incorporated: Large east-coast North Island iwi organisation delivering settlement asset management, education, health, and cultural programmes. Operates a similar PSGE-style mandate and programme mix to Te Korowai.

Others

• Community Foundations of New Zealand: Network of place-based community foundations across NZ that manage philanthropic assets and deliver community programmes. Not a direct competitor but a useful adjacent reference point for trust-based asset management and community-impact delivery in Aotearoa.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xfacebook.com/teukaipo.ngaruahine
• YouTubeyoutu.be/qVCKWGPJZps
• Facebookfacebook.com/NgaruahineIwiHealthServices
• LinkedInlinkedin.com/company/te-korowai-o-ngaruahine-trust

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Te Korowai o Ngāruahine Trust