What are NELT's Business Objectives?

  • To assist new and emerging businesses achieve long-term success by giving them access to capital at the time it’s most needed.
  • To benefit the whole community, by assisting socially and environmentally responsible enterprises that generate employment and allow skills and profits to be retained in the region.
  • To enhance regional prosperity by contributing to the Nelson Tasman Regional Economic Development Strategy.

How is NELT Funded?

“More than 80% of NELT’s administration costs comes from interest on loans and investments. The balance comes from grants and donations from individuals, community organisations, businesses and local and national government.”

NELT is a not-for-profit Trust


NELT’s trustees

nelt trustee Glenys MacLellan

Glenys MacLellan


Financial administrator for the Beneficiaries and Unwaged Workers Trust.

nelt trustee Peter Rigg

Peter Rigg

Formerly a manager of a branch of Trust Bank. Now a co-owner of Page and Blackmore, booksellers.

nelt trustee Dr Linda Liddicoat

Dr Linda Liddicoat

Previously a lecturer and researcher at Otago University then at Nelson Marlborough Institute of Technology for 20 years. She is currently a research and business consultant.

nelt trustee Trevor Houghton

Trevor Houghton

A former Financial Advisor, now a private investor with experience in numerous businesses.

nelt trustee Bruce Dyer

Bruce Dyer