With the challenge of fishing in New Zealand waters, the brothers considered fishing outside the 200-mile zone but soon realised their commitment was to the Far North and creating opportunities locally.
A new and bigger boat was needed, and with an increased fish quota and Fish Receivers Licence they could expand their operation and sell locally. The Davey brothers had in mind the future generation of Northlanders.
Adam and Nat have used their entrepreneurial bent to the economic and social benefit of the community.
They looked locally for a boat builder, selecting Bluefix Boatworks Opua to build Manakai, a 23-metre commercial bottom lining fishing vessel. This resulted in Bluefix employing 10 extra staff to enable this build to be completed in time for the next fishing season at the end of 2020.
Other local businesses such as lawyers, marine electronics, engineering services, hydraulics, scaffold and equipment hire also benefited. But the brothers have also been motivated by other more intrinsic values.
During the past 20 years they have employed and paid for local youth to get their deckhand's certificate and skipper's ticket, creating opportunities for their future and providing a formal education that many lacked.
They have worked with careers advisers and the Far North police with their Youth at Risk programme. Many of the young men have gone on to skipper their own boats both in New Zealand and offshore.
Adam and Nat will use the $30,000 grant to boost the technological fish finding capability of their fishing fleet with a WASSP Multibeam that can profile the seabed up to 100 times faster than other systems. This will support their commercial operation and contribute to employment and economic opportunities locally.
This year Top Energy received 16 applications for its Business Development Fund. The judges admit they always find it difficult selecting a winner from the high-quality applications they receive, but the Messina Trustees Limited submission stood out as it offered the biggest economic impact and opportunity.
Top Energy chief executive Russell Shaw says with the challenges ahead as the community adjusts to the economic impacts of Covid-19, the company is focused on supporting business initiatives that help to alleviate some of these impacts.
Top Energy launched its Business Development Fund in 2014. The scheme is designed to encourage and promote economic growth in the Far North. Grants of up to $30,000 are awarded twice a year for local business ideas or initiatives that have the potential to grow or diversify the Far North economy.
The money is either awarded in full to a single stand-out idea or in smaller amounts to several initiatives, depending on the number, quality and merit of the applications received.
For more information on the business development fund go to: www.topenergy.co.nz/tell-me-about/sponsorship/business-development-fund.
