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

 


Innovators selected to pitch at Fieldays Innovation Den

Innovators selected to pitch at Fieldays Innovation Den

Nine innovators from across New Zealand have been chosen by a selection panel from Waikato’s entrepreneurship hub SODA Inc. to pitch their innovations at the Fieldays Innovation Den at Fieldays in Hamilton next Thursday (12 June).

The Fieldays Innovation Den was established last year as a joint initiative between Fieldays and SODA inc. to connect inventors and entrepreneurs with global industry leaders.

This year a total of 40 innovators from around New Zeeland applied to pitch at the Fieldays Innovation Den. A selection panel from SODA Inc. shortlisted 20 applicants to take part in a two day workshop in Hamilton, where the nine finalists were selected.

Each finalist will pitch his or her innovation live to more than 130 investors and business leaders at the Fieldays Innovation Den in an attempt to glean product investment and advice.

SODA Inc. chief executive Graham Smith said the event poses a unique opportunity for innovators.

“Each of the Fieldays Innovation Den finalists has the chance to secure early stage investment, obtain knowledge about the business world, and learn how to take their inventions into global markets. We have seen some great results from last year’s den,” he said.

Fieldays chief executive Jon Calder said the Fieldays Innovation Den is a unique engine that will continue to grow, develop and fuel agricultural innovations in New Zealand.

“Agri-tech is key to continuing to unlock and improve our efficiency and effectiveness as a nation.

Continued innovation in this sector will build and maintain New Zealand’s global position as an agrileader - and that is something we are incredibly excited about,” he said.

When selecting finalists, the SODA Inc. selection panel were interested in the customers, the problems they experience, the innovator’s solution to the customers’ problem and the business model.

They specifically evaluated viability, ability to scale, competitive positioning and quality of pitch.

“We were pushed to the limit at the workshop and forced to really think about the business behind our product rather than just the product. I’m nervous and excited now for the Fieldays Innovation Den,” finalist Richard Upperto said.

The nine finalists include LiquidStrip, a filtration system designed to efficiently separate liquid and solid from waste effluent to allow for improved disposal; Ice Cycle, a snap milk chiller capable of chilling milk from the cow at rapid speed; and Gudgeon Pro, a fencing tool used to quickly and accurately
hang gates.

Others include Tank Watcher, Ezy Cups, DTexH2o, Climbing Wheels, Pure Wild Ginseng and Unigrip.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: NZ Dollar Catches Breath After "Goldilocks" Slump

The New Zealand dollar edged up following its dramatic slump yesterday after the Reserve Bank confirmed speculation it intervened in the currency market last month and PM John Key suggested a “Goldilocks” level far lower than at present. More>>

ALSO:

Biosecurity: Kiwifruit Claim To Hold Officials Accountable For Psa

Kiwifruit growers have joined forces to hold Biosecurity NZ accountable in the courts for its negligence in allowing 2010’s Psa outbreak that devastated New Zealand’s kiwifruit industry and exports. Foundation claimants representing well ... More>>

ALSO:

Poison: Anglers Advised Not To Eat Trout In 1080 Areas

With the fishing season opening in just a few days (1 October 2014), anglers are being warned by the Department of Conservation(DOC) not to eat trout from pristine backcountry waters and their downstream catchments, where the department is conducting 1080 poisoning operations. More>>.

ALSO:

Quotas: MPI Swoop On Suspected Fraudulent Fishing Activity

Ministry for Primary Industries (MPI) compliance officers swooped on a Hawkes Bay fishing enterprise today to secure evidence in an investigation into suspected fraudulent activity... “The investigation involves activity throughout the commercial supply chain – catching, landing, processing and exporting.” More>>

ALSO:

Scoop Business: Fonterra Slashes 2015 Milk Payout, Earnings Tumble 76%

Fonterra Cooperative Group cut its forecast 2015 milk price payout by about 12 percent, citing weaker global dairy prices and said there is a risk of further declines given strong global milk production. More>>

ALSO:

Scoop Business: RBNZ Keeps OCR At 3.5%, Signals Slower Pace Of Future Hikes

Reserve Bank governor Graeme Wheeler kept the official cash rate at 3.5 percent and signalled he won’t be as aggressive with future rate hikes as previously thought as inflation remains tamer than expected. The kiwi dollar fell to a seven-month low. More>>

ALSO:

Weather: Dry Spells Take Hold In South Island

Many areas in the South Island are tracking towards record dry spells as relatively warm, dry weather that began in mid-August continues... for some South Island places, the current period of fine weather is quite rare. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news