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Startup Highlights June - August 2017

Posted: 06 September 2017
News, events and announcements from New Zealand's startup sector

Incubators and Accelerators

Welcome to the next instalment of the Startup Team's newsletter. As usual, it’s been non-stop activity, launches, and energy – including for us a whole host of ‘new’ and ‘firsts’, not least of which was our marketing campaign (more below) following the announcement of our new partners.

We are extremely proud to be working with our partners for incubator and accelerator services to July 2019. In case you missed it, the press release is here and you can find out more about our partners here.

The procurement process brought out the best in everyone, with creative new approaches seen across the board. We are excited to be working with partners old and new, and looking forward to collaborating with others in the ecosystem.

There has been plenty going on out there, so...

Here is the Startup Team’s newsletter of updates, recent events and upcoming activities to keep you sprightly!

Take a moment, grab a cuppa and enjoy :)

-The Callaghan Innovation Startup Team

Startup Marketing Campaign

Alongside the procurement, we recently launched a digital marketing campaign promoted across Facebook, LinkedIn, Google and other programmatic channels. We also have a print ad in the latest Idealog!

With a goal of generating awareness of Callaghan Innovation’s startup services, we generated over 3 million impressions, and received 31 new leads that have been directly referred to the ecosystem.

A number of (applicants to our programme) remarked that they'd seen your adverts on social media for accelerators and incubators, and from there have applied to our programme.  Really pleased to see Callaghan Innovation taking such a positive step to promote the industry, and help more ventures find support across the ecosystem in programmes like ours.

This was a first for us, and we have taken a ton of learnings from the experience. Thanks to all of our partners who helped make this possible.

FLUX Demo Day

Fantastic outcomes following Flux Demo day on 29 June 2017

FLUX and The IceAngels were thrilled to host nearly 500 guests for their largest event to date, held at the MOTAT Aviation Hall, in Auckland. It was a spectacular evening, with each of the 11 FLUX and guest companies presenting extremely professional and well-prepared pitches.

All 11 startups attracted the interest they were seeking and are well positioned to attract the support they need: Genoapay, Mastaplex, Tectonus, and Osnova are closing in on their funding targets, or are nearly oversubscribed; Regen, Melodics, Lifeonics, VidApp, Blinder, Lumaten, and Armadillo have all generated good interest and are undergoing due diligence and securing further commitments. Read about Genoapay attracting a record accelerator investment here.

It’s great to see so many innovative startups are already actively managed Callaghan Innovation customers. With some seriously impressive startups coming through FLUX, the startup team is excited to be able to give these companies access to our staff and services – a unique and unfair advantage for competing on the world stage.

Lightning Lab Electric

If you plant a light bulb in your garden, does it grow into a power plant?

Lightning Lab Electric (LLE) has spent the last three months finding solutions to some important challenges facing the electricity sector.

Callaghan Innovation has powered Lightning Lab Electric with CreativeHQ because of the need for a sector specific accelerator programme addressing real and perceived issues relating to incumbency of market participants, complexity of regulations, access to data particularly end customer, uptake of new hardware (e.g. solar photovoltaic, energy storage and electric vehicles) and the significance of decisions to invest in new assets against a background of rapidly changing technology and consumer preferences.

James Muir, Callaghan Innovation Business Innovation Advisor - Energy and Environment

For some more on the journey the teams have been on, check out the LLE Blog .

We are charged up for Demo Day on Thursday 7 September, where the four teams will present. There will then be a series of breakout groups to discuss priority themes in the industry.

Callaghan Innovation will continue to liberate innovators in and around the energy sector. In addition to working with individual businesses, we will establish the Digital Energy Hub, a light touch initiative to encourage early adoption and commercialisation by the energy sector of the next wave of digital technologies which present a challenge and opportunity for many businesses in the energy sector – from start up to established – and for those in adjacent sectors such as Information Technology, transport and industry.  James Muir, Callaghan Innovation's Business Innovation Advisor for Energy and Environment, will provide a full blog soon on the outcomes – we are looking forward to it!

Vodafone XONE 2017 Launch

Congrats to the successful companies welcomed to the next Vodafone XONE

The ten companies in Vodafone xone are: Wine Grenade; Hectre; Thematic; 1Centre; EVNEX; Sonnar; Interactive; Emblim; Vensa Health; Tectonus and Parkable. Read more here!

Mahuki GLAM!

Mahuki is well under way with its current cohort of teams providing technology solutions to the GLAM sector (galleries, libraries, archives, museums).

The awesome teams are here.

Mahuki supports each team through:

  • financial support of $20,000 (in exchange for equity)
  • access to Te Papa's experts, collections and visitors
  • knowledge and understanding to better deliver to the cultural sector in NZ and globally
  • visits from international experts who are leaders in digital integration and innovation in the cultural/entertainment sector
  • the opportunity to visit global cultural leaders and meet international experts in the field.

All the best to everyone involved!

Zeropoint Ventures Launch #thenewway

Photocredit: bizEDGE
Photocredit: bizEDGE

Another new addition to the whānau, Zeropoint Ventures launched with two events in Auckland on 17 August and Wellington on 21 August.

With a virtual incubator and accelerator model, Zeropoint Ventures will provide coaching and funding for early-stage ventures to go from idea to their first $1million dollars in revenue.  There is a clear focus on revenue-first startups pushing for profitability and sustainability rather than investment as their first meaningful milestone.

The launch also announced a goal to co-create a new partnership model bringing innovators from New Zealand’s startup ecosystem and corporate representatives from across the country to a two-day retreat. This was the first steps to begin building the playbook for smarter, venture-led corporate innovation in New Zealand that leverages the local startup ecosystem. We are looking forward to the outcomes!

Zeropoint will take multiple cohorts throughout the year, with the first ventures starting soon!


Kōkiri, the Māori accelerator programme led by Te Wānanga o Aotearoa, launched at Matariki Xponential

Attempting to address the underrepresentation of Māori in tradition accelerator programmes, Kōkiri will inspire and grow Māori founders across the country through a tikanga-first design of the programme.

We are extremely pleased with the progress made toward finalising the business plan and delivery model, and look forward to the programme launch later this year!

Expressions of interest open this month

Follow the team on Facebook and Instagram

GetFunded! Workshops

Preparing researchers from CRIs and Universities in communicating the impact of science ideas for investment – be that to Industry or MBIE – KiwiNet has just wrapped up the GetFunded! Series in Auckland, Wellington, and Christchurch.

Partnered with CreativeHQ, GetFunded! provided mentorship, comradeship, market validation and opportunity assessment tools to allows for deeper insights when marshalling an idea into shape.

It was great to see so many researchers volunteering their real-world projects to be worked on, validated, and developed during the Startup Weekend style events.

Congratulations to all the participants, and we hope to see some of these teams carry the idea through to new ventures!

ecentre Sprint Launch!

Teams from the inaugural Sprint Launch cohort presented at EY Britomart on Thursday 31 August to an audience of investors and mentors, to get free and frank feedback. (Press release here.)

Sprint Launch is an intensive 12 week programme run by ecentre that takes startups from prototype to first customers by opening doors to mentorship, business development and capital.

The six startups in this Sprint were all B2B with a ready prototype preparing to take the businesses on the next phase of growth.  They are: The Curiat, Mimocare, Micromanager, Element, RoleQ, and HR Health and Safety.

Well done to all who pitched and put themselves on show to get real feedback - champions!

Upcoming Events

  • 7 September 2017 Lightning Lab Electric Demo Day
  • 8 September 2017 Innovate 2017 | Entries Close
  • 21 September 2017 Angel Investment Showcase, Auckland
  • September 2017 Kōkiri expressions of interest open
  • September 2017 The Cutting Edge Competition Entries Open
  • 2 October 2017 FLUX Accelerator 2018 APPLICATIONS OPEN
  • 2 October 2017 Kōkiri Accelerator 2018 APPLICATIONS OPEN
  • 9 November 2017 ASB Ambition Showcase “Ambitious entrepreneurs share their stories of building a fast-growing business through SODA’s incubation process.”
  • 25 November 2017 FLUX Accelerator 2018 APPLICATIONS CLOSE

Is your startup related event missing from the list? Email Startup Team to get it added in the next issue.

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