EPIC would not have been possible without the support and counsel of numerous people and organisations. It is the courage, vision and enthusiasm of these organisations that has made this project possible in an extremely difficult commercial and construction environment.
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Major sponsor: Bank of New ZealandThe major sponsor of EPIC and our Sanctuary facility is the Bank of New Zealand. BNZ championed the EPIC idea from the outset, and partnered with the on-the-ground entrepreneurs to transform the concept into reality. The bank applied a commercial lens and appropriate financial analysis to get this project off the ground. BNZ CEO Andrew Thorburn says, “BNZ’s support for the EPIC campus is ground-breaking – this is an innovative and bold commitment to the high-tech, high intelligence business future of Christchurch”. The bank funded a significant portion of the upfront development costs with an innovative commercial funding arrangement whereby the majority of the project costs will be progressively paid back through rentals and grants once it’s up and running. Visit us at www.bnz.co.nz |
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Government supportNew Zealand’s government will invest $1.8 million (excl GST) over the next three years to support the development of EPIC, co-funded by the Ministry of Science and Innovation (MSI) and New Zealand Trade and Enterprise (NZTE). “This Government wants to ensure Christchurch remains an attractive place for the high-tech sector and the people working there. This is part of our wider support package for businesses that have been affected by the earthquake, and is a great example of a public-private partnership to create growth opportunities for Christchurch,” says Hon Steven Joyce, Minister for Economic Development and Science and Innovation. |
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The Christchurch City Council has provided land rent free for five years for EPIC; and the project has been supported and financed by the Bank of New Zealand and underwritten by the Canterbury Business Recovery Trust.Visit us at: www.ccc.govt.nz/centralcityplan |
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Canterbury Business Recovery Trust FundThe Canterbury Business Recovery Trust is underwriting parts of EPIC, which has enabled the project to secure funding.Canterbury Business Recovery Trust Executive Director Louise Edwards says EPIC is a wonderful example of businesses working with government, the public and the private sector to develop a model that will be hugely positive for Christchurch’s economy well into the future. “This is an innovative project which as well as providing a home for 17 small ICT businesses is putting Christchurch firmly on the hi-tech map and will be sure to provide huge economic benefits and opportunities. The Trustees of the Canterbury Business Recovery Trust are delighted to be able to support this project, which is an incredibly positive step forward in the rebuilding of our city,” says Ms Edwards. Find out more about the Canterbury Business Recovery Trust at http://www.cbrt.co.nz/. |
The EPIC team has a strong group of advisors supporting and guiding the initiative. This group have provided their time at no charge to EPIC prior to the formal signoff. Their support and expertise has been greatly appreciated.
Duncan Cotterill
Visit us at: www.duncancotterill.com |
Octa
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Canterbury Development Corporation
Visit us at: www.cdc.org.nz |
Murray and Company
The firm was able to draw on its considerable expertise in the property and corporate finance fields to ensure successful financing of the project. Murray & Co assisted EPIC with the structuring and execution of the funding packages from BNZ, NZTE and MSI. In addition, and as part of the funding package, a partial underwrite of the project was required and Murray & Co successfully arranged this. The firm is delighted to have been involved in this worthwhile recovery project and congratulates EPIC on its initiative. Visit us at: murrays.co.nz |
Warren and Mahoney
We believe EPIC Sanctuary will be a catalyst for business and fun in the new city. Visit us at: www.warrenandmahoney.com/en/ |
At Google, we believe that an inspiring physical environment is critical to creative collaboration. We’re thrilled to support the EPIC Technology Hub, and can’t wait to see the great new ideas that come out of it. In particular, since software engineers are machines for turning caffeine into code, we’ve provided the infrastructure and raw materials for crafting the perfect flat white.Google (especially the forty Kiwi Googlers!)
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Colliers International
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2degrees
We’re very excited to be actively involved with such an innovative project as ingenuity, innovation and thinking outside the square are all part of what we consider as being integral to 2degrees’ values. 2degrees is on a mission is to deliver smart, simple products that provide great value to customers and we hope that our involvement with EPIC enables emerging local businesses to share their innovative projects with New Zealand and the rest of the world. Visit us online at: http://www.
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