Story image

Mentors on tap at The Lightning Lab

08 Oct 14

The Lightning Lab started in windy Wellington and is now making its way to Auckland. So what is it?

This is a programme that focuses on start-ups and aims to give them the best beginning possible. Turning ideas into reality with seed capital, mentorship and absolute focus on an idea, the programme gives new businesses a helping hand.

Bridging the connection between startups and experts, the mentor-driven model is a key part of the programme. There are lead mentors, locally based people who work in depth with the teams, and fly-in mentors, who are local, national and international experts who will also engage with each of the teams. Among the mentors are Paul Spence, co-founder of iwantmyname and Rowan Yeoman, an early stage strategist.

The team behind The Lightning Lab understands that success happens when a business has a good market strategy, connections, funds, and are swift and efficient in their execution. They also understand that at the early stages of any business, these aspects are especially important.

Elite teams are thrown into an intense and encouraging environment and with the tools they need at their disposal, push to make their business idea a reality within three months.

With a track record to prove they know what they’re doing (more than half of the start-ups that are accepted into these programmes raise the capital they need in the first round), The Lightning Lab is a platform for investors, mentors and entrepreneurs to join forces.

Those interested in taking part in the Auckland lightning Lab can check out for more information. Applications open on October 22nd.

Report finds GCSB in compliance with NZ rights
The Inspector-General has given the GCSB its compliance tick of approval for the fourth year in a row.
Preparing for e-invoicing requirements
The New Zealand and Australian governments are working on a joint approach to create trans-Tasman standards to e-invoicing that’ll make it easier for businesses in both countries work with each other and across the globe
5c more per share: Trade Me bidding war heats up
Another bidder has entered the bidding arena as the potential sale of Trade Me kicks up a notch.
Hootsuite's five social trends marketers should take note of
These trends should keep marketers, customer experience leaders, social media professionals and executives awake at night.
Company-X celebrates ranking on Deloitte's Fast 500 Asia Pacific
Hamilton-based software firm Company-X has landed a spot on Deloitte Technology’s Fast 500 Asia Pacific 2018 ranking - for the second year in a row.
Entrepreneur reactivates business engagement in AU Super funds
10 million workers leave it up to employers to choose their Super fund for them – and the majority of employers are just as passive and unengaged at putting that fund to work.
Tether: The Kiwi startup fighting back against cold, damp homes
“Mould and mildew are the new asbestos. But unlike asbestos, detecting the presence – or conditions that encourage growth – of mould and mildew is nearly impossible."
Capitalising on exponential IT
"Exponential IT must be a way of life, not just an endpoint."