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Measuring the Economic Impact of the Pūhoro STEMM Academy

Pūhoro
17 august 2022

Pūhoro is pleased to release its most recent cost-benefit analysis (CBA) by Matatihi through support from the Institute of Environmental Science and Research - ESR in August 2021.

The Pūhoro Charitable Trust (PCT) improves Māori science, technology, engineering, mathematics and mātauranga (STEMM) capability.

 

Pūhoro is pleased to release its most recent cost-benefit analysis (CBA) by Matatihi through support from the Institute of Environmental Science and Research - ESR in August 2021.

 

The CBA report found that the potential economic benefits of Pūhoro outweigh the economic costs by a factor above 14 to 1 for secondary students, and 16 to 1 for tertiary students. The net benefit for the high school program is above $60 million and $32 million for the tertiary program.

 

The report also found that Pūhoro is having a significant economic and social impact on regional economies, stimulating over $1.9m value added to New Zealand’s economy per annum and 6.3 FTE positions outside of Pūhoro’s direct operations.

 

Overall the report found that the Pūhoro STEMM Academy has a significant measurable impact on individual students, regional economies and Aotearoa.

 

The full report can be found here

ESR Full Report Thumbnail

The summary can be found here

ESR Report Summary Thumbnail

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