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

 


Lightning Lab and Young Enterprise Ignite Next Generation

Lightning Lab and Young Enterprise Ignite Next Generation of Entrepreneurs


Lightning Lab and Young Enterprise Trust have teamed up to run Venture Up, a new startup business accelerator programme for Young Enterprise Scheme (YES) graduates and alumni.

The six-week programme will take place next January/February in Wellington and is designed to leapfrog a selection of Young Enterprise ventures and teams from graduating to high growth prospects.

A high-octane full time residential programme, Venture Up will focus on developing knowledge and experience of what's required to build a startup team and accelerate a startup business - entrepreneurial learning, business mentoring, pitch coaching and more.

A showcase event in February will see teams present their businesses' potential and needs to attract support, mentorship and funding from the entrepreneurial, investment and business communities.

The Young Enterprise Trust works alongside hundreds of schools throughout New Zealand, inspiring, educating and transforming students through enterprise experiences. This programme aims to further support and develop YES graduates who show outstanding entrepreneurial talent and promise in their ventures.

"We have more than 2,500 students taking part in The Lion Foundation Young Enterprise Scheme each year," says Young Enterprise CEO Terry Shubkin. "They create approximately 600 new products and services each year, and many of these students would love to take the next step in their entrepreneurial journey. Venture Up gives them a unique opportunity to do just that."

The structure of the programme is based on New Zealand's leading accelerator programme, Lightning Lab, which was founded by startup incubator Creative HQ and has generated $5 million in investment for participating companies in two years.

"Young Enterprise has amazing young entrepreneurial talent right across New Zealand. We want to apply the success and experiential learning from Lightning Lab to hone these students' skillsets, immerse them in an innovation environment, and provide them with tools to be the next wave of outstanding innovators and entrepreneurs," says Creative HQ CE Stefan Korn.

Sponsored by Wellington City Council, Venture Up's application period will open in September.

"This is an exciting opportunity to bring talented youth to the Capital to connect with entrepreneurs and develop the next generation of innovative enterprises. Wellington is the home of the Forbes magazine's top-ranked innovative company, Xero," said Mayor Celia Wade-Brown.

For more information and to register your interest please visit www.ventureup.co.nz.

ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Trade Plans: Prime Minister's Speech To International Business Forum

"The work to improve public services, build infrastructure, and solve social problems is possible only because we have enjoyed sustained, solid economic growth. A big reason for that is the Government’s consistent agenda of economic reform, and our determination to open up more opportunities for trade with the world." More>>

ALSO:

Media: TVNZ Flags Job Cuts To Arrest Profit Decline

Chief executive Kevin Kenrick said the changes were aimed at creating "a sustainable future video content business for TVNZ in an ever-changing media market." More>>

ALSO:

Reserve Bank: Wheeler Keeps OCR At 1.75%

Reserve Bank governor Graeme Wheeler kept the official cash rate unchanged at 1.75 percent, as expected, and reiterated his view that the benchmark rate doesn't need shifting for the foreseeable future. More>>

ALSO:

Retail: Pumpkin Patch Brand, IP Sold To Catch Group

The receivers of failed children's clothing retailer Pumpkin Patch have confirmed that the company's brand and intellectual property have been sold to Australian online retailer Catch Group. More>>

ALSO:

Oil: 2017 Block Offer Petroleum Tender Launched

New Zealand is well-placed to take advantage of the economic benefits of oil and gas exploration, Energy and Resources Minister Judith Collins announced today at the launch of the 2017 Block Offer petroleum tender. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news