Technology incubators invest in and actively help commercialise complex technologies. They concentrate on taking your concept to the next level by building a business around the technology – with the aim of growing globally competitive hi-tech businesses.
Funding support for incubated businesses
Technology incubators have access to Callaghan Innovation pre-incubation grants and repayable loans for eligible projects. The incubator co-funds the project for which the loan is provided. The loan is only available to businesses partnering with one of the technology incubators below.
Talk to one of the technology incubators below to find out how you can get involved.
Astrolab adopts complex technologies across a range of sectors. Working alongside innovators and our early-stage partners we develop robust venture pathways enabling NZ’s ideas to navigate toward success on the world stage. Our expertise and capability ranges from financial backing and crucial go-to-market contacts through to strategy development and other business elements essential for success.
Businesses incubated by Astrolab:
Visit Astrolab’s ventures page for more information.
Powerhouse is a provider of patient capital to university and Crown Research Institute spinouts. It invests in the following sectors: Cleantech and Engineering; Digital and ICT; Agritech and Environmental; Healthcare and Medical Devices.
Businesses incubated by Powerhouse Ventures:
Visit Powerhouse portfolio page for more information.
WNT Ventures invests into IP-rich technologies across a range of sectors including Ag-tech, Food, Manufacturing, Engineering, Materials, Robotics as well as software. We assist technologies and founders from the private sector and public research institutes to assess markets, build teams and develop strategies to create global companies.
Businesses incubated by WNT Ventures:
Visit WNT Venture’s portfolio page for more information.
RFP for 2020 incubator providers
Callaghan Innovation’s Technology Incubator and Founder Incubator programmes have been reviewed recently by the Ministry of Business, Innovation and Employment (MBIE). The Government’s support for both of these programmes will continue alongside some ambitious policy improvements for the 2020 programme. See MBIE’s website for more details about the review and new policy.
RFPs for 2020 incubation service providers will be open to current providers, as well as new local and international providers meeting the new ambitious criteria. The timing of this RFP release has been amended to coincide with Budget announcements at the end of May 2019.
|June 2019||Open Tech Incubator RFP|
|September 2019||Confirm Successful Providers|
|01 January 2020||New Tech Incubator contracts begin|
Startups in the news
Tauranga startup attracts US music investment to NZ
US music giant, inMusic Brands, plans to set up shop in New Zealand with a $10m investment. After acquiring Tauranga-based OneSixOne (SoundSwitch), its leadership says New Zealand is a hotbed of music digital and technology talent. SoundSwitch went through Callaghan Innovation's Tech Incubator programme with WNT Ventures. Read more in this Stuff news story.
CertusBio wins evokeAg pitch in Melbourne
Wastewater monitoring technology firm, CertusBio, was among a handful of Kiwi companies chosen to exhibit at the internationally attended evokeAG event in Melbourne recently. It went on to win the Investment Ready pitching competition. CertusBio has been making its way through the Callaghan Innovation Tech Incubator programme with Powerhouse Ventures. Read more via Lincoln Agritech.
Aquafortus wins Rising Star award in Singapore
NZ clean water technology startup, Aquafortus, is going from strength to strength most recently winning the Rising Star award at the Singapore International Water Week. Since it progressed through the Callaghan Innovation Tech Incubator programme with Astrolab, it has secured a number of global contracts, the very first in Texas worth $40 million. Read more via Eco-Business.
See the websites of the Tech Incubators for more news.
Frequently asked questions
Answers to some frequently asked questions about Technology Incubators, including information about application criteria and repayable grants. Read more...
Updated: 17 May 2019