Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Icehouse Hits Capacity With Early Stage Businesses


Media Release: 2 February 2004
ICEHOUSE HITS CAPACITY WITH FAST-GROWING EARLY STAGE BUSINESSES

Five new companies have joined The ICEHOUSE, bringing the total to 16 early stage businesses in the incubation phase at the University of Auckland's Business School's business accelerator.

This now brings The ICEHOUSE to capacity, but additional space will become available as some maturing companies graduate out of the incubator over the next few months.

All of the new intake of residents are ITC businesses, ranging from financial services IT solutions to web-based property database systems.

One of the new companies is one year old Zebkey, which has developed software to manage corporate email signatures and automatically update contact details.

Zebkey Director Maurice Dubey says that whilst the company has product sales, the mentoring and global reach of The ICEHOUSE and its strategic alliances will help the company take the step from local to global.

Neil MacIntyre of func.nutrition, a recent graduate from The ICEHOUSE and responsible for the runaway success of SunLatte milk, rates the ability to access expertise and mentors of the quality of (ICEHOUSE chairman) David Irving are big plusses for ICEHOUSE residents. He also says the allied workshops and advice around capital raising issues proved helpful in growing the business.

ICEHOUSE resident companies are expected to remain in the incubator for 12 - 18 months; MacIntyre points out that developing a sustainable business takes much longer but the initial growth surge is valuable.

ICEHOUSE CEO Andy Hamilton says the growth of the organisation's business programmes, including the recently-launched 321 GoGlobal confirmed that companies not only need nurturing, but also have an urgent need for help in looking beyond the early stages and developing solid global growth strategies.

-ends

New residents:

Open Eye Displays: develops digital signage networks and content for dynamic point-of sale advertising

Zebkey: manages corporate email signatures and automatically distributes updated contact information whenever you change your details

SprayControl: winner of Spark competition, develops integrated weather monitoring solutions to reduce expenditure and legal-exposure relating to aerial spraying

Stop Thief: a web-based property register to aid in the recovery of stolen property

Fido: a provider of financial information and business analysis tools for independent financial advisors in the insurance industry

About the ICEHOUSE

The ICEHOUSE (The International Centre for Entrepreneurship) was established in 2001 by the University of Auckland Business School, alongside BNZ, Boston Consulting Group, Carter Holt Harvey, Telecom, Chapman Tripp, Deloitte, HP & Microsoft. A Business Accelerator, its sole focus is growing Kiwi companies into successful international companies.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news