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Richard and the team at NZ Entrepreneur
Search begins for most promising Dunedin startups
Dunedin has launched a competition to find the city’s most promising startup businesses. Entries are open for the Challenger Series, a competition where three new Dunedin startups could each win up to $65k of value in services and a place in a four-month coaching series featuring Deloitte, Gallaway Cook Allan, Startup Dunedin and proven local […]
Opinion: The entrepreneur Kool-Aid is just fine thanks
I’m not entirely sure what it is about Deborah Hill Cones’ “Stop drinking the entrepreneur Kool-Aid” that I find so perturbing. Is it the way entrepreneurs are tarred with the same dirty brush? The belittling of a particular young mans attempts to do something positive with his life? Or just the general ignorance of the […]
Two NZ startups chosen for Coca-Cola Amatil Xcelerate tech accelerator
Coca-Cola Amatil and Australian tech startup accelerator BlueChilli have named two New Zealand startups amongst a cohort of twelve to take part in the 6-month, intensive tech accelerator program Xcelerate. The twelve successful founders earned their place from a group of 40, in the inaugural Xcelerate program. The intensive 6-month program, gives early-stage entrepreneurs the […]
Fail fast to succeed fast
With innovation often comes failure along the way, but failing fast and learning from these failures is crucial to your ultimate success. When an entrepreneur or organisation sets out to create a new product, this is often what happens next: With the best of intentions plans are made, developers and designers are hired, and months […]
Auckland startup Aquafortus signs USD $40 million deal
Aquafortus Technologies has signed an exclusive licensing agreement with Texas based PetroH20 Recovery. The agreement, valued at USD $40 million for the first three years and over USD $25 million annually beyond, is to deploy Aquafortus’ patented zero liquid discharge technology in the U.S. oil & gas market. Headquartered in Albany, Auckland, Aquafortus specialises in […]
Pre-money value and post-money value
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 […]
Playbook released to aid NZ startup and corporate partnerships
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 […]
Startup Genome releases Global Startup Ecosystem Report 2018
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 […]
Cyber Security Survey reveals growing threat to NZ SMBs
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 […]
‘Waves of AI disruption’ predicted for key NZ business sectors
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 […]
Better together concept inspires winning business ideas at Innes48
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 […]
New AUT entrepreneur education programme launches
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 […]