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Imagine an investor wants to invest $200,000 into your business, and in exchange wants 20 percent of the company’s equity. What is the valuation of your venture that is implied by this proposal, before the money was put in? If you’re scratching your head and can’t say with full certainty, then you are like the […]

ZeroPoint Ventures and Datacom, today released the output from NZ’s first StartUp and Corporate Partnering Retreat. “Venture catalysts” ZeroPoint Ventures, and IT service providers Datacom, recently partnered to bring together six founders from New Zealand’s startup ecosystem and six senior executives from corporate New Zealand, at a three-day retreat, to begin a conversation about the […]

Released at the Global Entrepreneurship Congress (GEC) in Istanbul, the Global Startup Ecosystem Report 2018 features strategic startup, investment and policy insights from over 10,000 founders in 60 ecosystems – including New Zealand. With insights ranging from the fast-growing dominance of ICT verticals to the filling of critical gaps in Success Factors for both funding […]

New cyber security survey finds almost one in four New Zealand SMBs experienced a cyber threat in 2017 and the average cost of cybercrime exceeded $15,500. 24 percent of New Zealand SMBs (Small and Medium Businesses) have experienced a cyber attack or hacking attempt compared to only 18 percent in the previous year, according to […]

AI disruption will have an extreme impact on New Zealand’s agriculture and health sectors in the next decade. That’s according to a white paper launched today by New Zealand’s innovation agency, Callaghan Innovation, which involved leaders in artificial intelligence (AI), including technical experts and business innovators. Released ahead of AI Day on 28 March, the […]

A solution to the issues New Zealand dairy owners are facing took out the Most Viable Business Award at the Soda Inc. Innes48 Start-up Competition at Wintec last night. The winning team, Creative Dragons traveled from China to compete in the 48-hour business start-up competition. They wasted no time in identifying and responding to the […]

This month the Practical Innovation and Entrepreneurship Paper – an online course for Kiwis striving for success built around “The Periodic Table of Innovation” – launches out of an innovation hub at Auckland University of Technology (AUT). Co-founded by AUT Adjunct Professor and former advertising expert Mike ‘the Hutch’ Hutcheson, and educator, business mentor and […]

New research commissioned by insurer NZI, shows those who run a sustainable business (taking into account environmental, social and economic factors) are twice as likely to grow as those not engaged. Conducted in collaboration with the Sustainable Business Network, the survey of over 400 businesses show improved productivity, lower costs, a strong image and a […]

New Zealanders continue to embrace video and computer games, as evidenced by new sales figures released today by the Interactive Games & Entertainment Association (IGEA). Consumer spending on games and hardware reached $452.3 million in 2017, a seven per cent spike on the previous year’s sales. New Zealand total physical retail sales came in at […]

“How much will I take, to get what I want?” Anyone who has ventured into the world of entrepreneurship will eventually ask themselves this question. Over and over again. And while ultimately it is the answer to this question that will determine your level of entrepreneurial success, I believe there is a more empowering way for […]

New Zealand water purification business, Safe H2O, is using World Water Day on 22 March to drum up support for the development of New Zealand designed technology that could have the potential to aid millions of people around the world without ready access to clean drinking water. According to Safe H2O, the world water shortage, affecting […]

A new report by MYOB says New Zealand’s tech sector lacks gender diversity and will need to do more to build a more inclusive industry. Accounting and payroll software firm MYOB warns that the number of women working in New Zealand tech sector is likely to decline over the coming years unless significant, industry-wide action […]