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

 

Price Of Cheese: Dairy Product Prices Fall To The Lowest This Year

Dairy product prices fell in the latest GlobalDairyTrade auction, hitting the lowest level in the 2015 auctions so far, as prices for milk powder and butter slid amid concern about the outlook for commodities. More>>

ALSO:

Houston, We Have An Air Route: Air New Zealand To Fly Direct To The Heart Of Texas

Air New Zealand will fly its completely refitted Boeing 777-200 aircraft between Auckland and Houston up to five times a week opening up the state of Texas as well as popular nearby tourist states such as Louisiana and Florida. More>>

ALSO:

Scoop Business: Reserve Bank’s Spencer Calls On Govt To Rethink Housing Tax

The Reserve Bank has urged the government to take another look at a capital gains tax on investment in housing, allow increased high-density development and cut red tape for planning consents to address an over-heated Auckland property market. More>>

ALSO:

The Nation: Call For Cross-Party Auckland Housing Plan

Penny Hulse calls for cross-party accord on Auckland housing because “it’s too important to score political points on”. More>>

ALSO:

Flu Season: Overcoming Vaccination Reluctance

While research shows that 40% of New Zealand businesses offer free or subsidised flu vaccinations to employees this time of year, HR professionals say persuading staff to participate is the biggest challenge. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news