Major funder: 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 Anthony Healy says the decision to support the EPIC campus was an easy one. “It’s a place that nurtures collaboration and growth of the high-tech, high intelligence business community of Christchurch – which goes to the core of BNZ’s mission to enable a higher achieving New Zealand.”
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