Having a unique, New Zealand-first "one-stop-shop" for business development agencies - the Hawke's Bay Business Hub - takes the region's potential to a new level, Economic Development Minister Steven Joyce says.
Mr Joyce opened the hub yesterday at an event attended by about 150 business people, politicians and other guests.
The hub, in Ahuriri, is the first facility of its type in the country where local, regional and central government development agencies have been housed together under the one roof.
Organisations based at the Bridge St centre include Business Hawke's Bay, Food Hawke's Bay, Hawke's Bay Chamber of Commerce, New Zealand Trade and Enterprise and The Icehouse.
"That ability for organisations to co-locate in one place will greatly improve the co-ordination of activities, and the understanding of what can be achieved and supported," Mr Joyce said at the opening.