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Seed capital investment due diligence normally focuses on the startup. But here’s how the founder can put would-be investors through their paces. One of the big decisions facing company founders is whether to bootstrap – that is, fund the company’s growth out of revenues and their own resources, as opposed to bringing in new capital […]

Vivek Thorman, iDEAStarter 2016 winner, 18–24 age group. Young Auckland entrepreneurial talent is being fostered with the launch of iDEAStarter – a competition which encourages young people to turn their energy and ideas into action. Entries to iDEAStarter are now open to all Aucklanders aged between 15–24 years who can either enter as a team, […]

GridAKL – at Auckland’s Innovation Precinct in Wynyard Quarter – has announced Generator as the operator of two new buildings opening in the precinct later this year. From September 2017, GridAKL will expand to occupy three buildings in the innovation precinct, bringing together a growing community of innovators, entrepreneurs, advisors and businesses ranging from start-ups through […]

The 2017 Global Startup Ecosystem Report was released earlier this year, benchmarking 45 of the world’s startup ecosystems on a range of metrics. In addition to ranking the worlds top 20 ‘startup hotspots’ from Silicon Valley (Ranked #1) to Tel Aviv (#5), Shanghai (#8) to Sydney (#17), the report provides some interesting insights into an additional 25 ecosystems, including New […]

There is a common conception that FinTech remains the preserve of the early adopter. It is certainly fair to arrive at this conclusion – after all, the media’s portrayal of FinTech is one of futuristic mobile payments, ethereal discussions about blockchain and ping-pong playing startups in Silicon Valley. However, I don’t think this conception is […]

Kiwi businesses are gearing up to take advantage of the growing online economy, but may not be aware of the developments that are occurring in logistics that support this business growth. In 2015, Kiwis spent more than $4.7 billion online – an amount that is set to grow as Kiwis adapt to online services (Nielsen). […]

Entrepreneurs love American football player and coach Vince Lombardi’s famous quote, “Winners never quit, and quitters never win”. But as with any piece of advice, I think this mantra can actually be quite dangerous if taken out of context. Because as entrepreneurs, we need to understand that sometimes the best thing we can do is […]

Jumping aboard the entrepreneurship rocket early on is invaluable. You get to make the mistakes, learn important life lessons and start building your own life from a very early stage. Much earlier than most of your colleagues around the same age. Although mistakes will be made, here are four major mistakes that young entrepreneurs make. […]

From garden shed tinkerers to software developers, Kiwis have always had the entrepreneurial flair, motivation and the creativity that can turn big ideas into great businesses. But as the business starts to grow there are times when big ideas can suffer due to lack of funds. It’s especially difficult for smaller companies and individuals who […]

Despite what you might be hearing, the most important thing about starting a digital business is not a creating the perfect space with bare lightbulbs, exposed copper wiring, and the latest Macbook Pro. What you need to start is an idea, a passion and a great eCommerce store that communicates your brand to an audience […]

Most Viable Business winning team The Abnormals with AccuPoint Emma Liu, Rob Scovell, Rowan Scovell-Lightfoot & Wintec CFO Paul Holloway The 6th annual Innes48 Business Startup Competition was held in Hamilton in the last weekend of April. The largest of its kind in New Zealand, Innes48 saw 15 teams compete for the chance to pitch […]

When you know nothing, even fools can sound like geniuses. This is a vital lesson that all entrepreneurs need to learn as soon as possible – one that I and other entrepreneurs I know have had to learn the hard way, many times over. When you first start out in entrepreneurship – by this I […]