Story image

Establishing a New Zealand startup ecosystem

15 Feb 2012

What would you expect to pay for more than fifty hours of inspiration, networking, and assistance with your Start Up idea? What if food and drink were included in that cost? You could be forgiven for thinking the price tag was well over the $500 mark, but Christchurch Start Up Weekend offers all that and more for just $100.

Justin Scott, a member of the team behind the Start Up Weekend events,  told TechDay the point of the event is not to make a profit but to provide value to entrepreneurs.

"The New Zealand entrepreneurial system is disconnected, there’s no real ecosystem out there and that’s part of what we are trying to change.”

The series, which  has run in Wellington and Auckland and will be in Christchurch at the end of this month, started out specifically based around mobile technology, but now targets any and all technology-based businesses. 

"We specifically target developers and designers,” Scott says. 

"There is a massive gap when it comes to finding designers in particular.”

For a good idea to work, Scott explains, a business needs a designer, a developer and an entrepreneur, and while it’s not unheard of to find all three in one person, it’s not common either. Participants in the weekend have sixty seconds to pitch an idea, after which teams are formed organically to pool resources, energy and ideas.

It’s not just people with business ideas who attend either. Potential investors also go along, looking to support aspiring entrepreneurs. 

"Part of what we do is try to find resources, in particular in the form of mentors, for entrepreneurs, and show people that doing well and doing good are not mutually exclusive concepts.”

Scott, an entrepreneur who participated in Start Up Weekend himself before joining the team, says one factor in particular is key to success for businesses – at any stage of development

"You have to find a common vision. Often teams all like an idea but they don’t have the same vision, so they’re all going in different directions. But if you have the same vision, you’ll find ways to make it work. "

If you are in business only for money, Scott continues, you have a problem if the money runs out. If a business is driven by more than just money, though, the chances of success are higher. 

Scott and the team are especially excited about taking Start Up Weekend to Christchurch.

"The weekend is very much about community and Christchurch is really ready for that community feel. We’ve got the support of the business community and Mayor Bob Parker and we’re really looking forward to getting things moving.”

Christchurch Start Up Weekend takes place from February 24 to 26. Go here for more.

Security flaw in Xiaomi electric scooters could have deadly consequences
An attacker could target a rider, and then cause the scooter to suddenly brake or accelerate.
Four ways the technology landscape will change in 2019
Until now, organisations have only spoken about innovative technologies somewhat theoretically. This has left people without a solid understanding of how they will ultimately manifest in our work and personal lives.
IDC: Top 10 trends for NZ’s digital transformation
The CDO title is declining, 40% of us will be working with bots, the Net Promoter Score will be key to success, and more.
Kiwi partner named in HubSpot’s global top five
Hype & Dexter is an Auckland-based agency that specialises in providing organisations with marketing automation solutions.
Moustache Republic expands Aussie presence with new exec
The Kiwi digital commerce partner has appointed a Sydney-based director to oversee the expansion of the company’s Australian footprint.
Epson’s new EcoTank range with two years printing per tank
With 11 new EcoTank printers that give an average user two years of printing and cost just $17.99/colour to refill, Epson is ready to change the game.
Te reo Māori goes global via language app called Drops
If you’re keen to learn a few words of Māori – or as much as 90% of the language, you may want to check out an Android and iOS app called Drops.
Reckon Group announces a steady profit in 2018
Reckon continued its investment in growth throughout the year with a development spend of $14.3 million.