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Indigenous (Maori) Food InnovationMr. Chris Karamea Insley

Facilitating Research and Innovation Co-operation between Europe and New Zealand

2014 Study-tour

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$NZ billion Maori economy is concentrated around the Primary (land and marine) food sectors

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New Zealand Food & Beverage Value chain

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Fishing – AquacultureWild catch has fallen; direction over the next 15 years is unclear, but unlikely to be up!

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Wild catch – Future direction and volumeWild catch has fallen; direction over the next 15 years is unclear, but unlikely to be up!

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Geothermal energy and food innovationOur portfolio diversification strategy with Wageningen

• The only 100% Maori owned geothermal asset company in New Zealand

• 20% compound annual growth (10 years)

• Doubling production currently

• Food innovation a deliberate portfolio strategy

• $NZ500 million combined (with other tribes) balance sheet (large scale)

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NeutraceuticalsWaste streams from our large scale fish processing business

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New Zealand (Spirits)Outside wine, the New Zealand beverage sector is primarily focused on production for domestic consumption;

however, exports are growing

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Neutraceuticals (Manuka honey and derivatives)Maori have large tracts of land growing Manuka and accumulating significant capital for investment. What

we don’t have is the technology.

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What I want?• To partner with leading European food innovators in food

processing

– Seafood (Aquaculture and Neutraceuticals)– Red meat and dairying– Crops and horticulture and Manuka honey and derivatives– Healthy and tasty natural food without preservatives

• Existing food technologies (tech transfer)

– Greenhouse technologies– Extend food freshness technologies– Low CO2 food technologies– Food bi-product technologies

• European food market (niche) connections