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

 

Ruataniwha: Greenpeace Launches Legal Challenge Against $1b Dam Plan

Greenpeace NZ is launching a legal challenge against a controversial plan to build a dam that’s set to cost close to $1 billion and will pollute a region’s rivers. More>>

ALSO:

Inequality: Top 10% Of Housholds Have Half Of Total Net Worth

The average New Zealand household was worth $289,000 in the year to June 2015, Statistics New Zealand said today. However wealth was not evenly distributed, with the top 10 percent accounting for around half of total wealth. In contrast, the bottom 40 percent held 3 percent of total wealth. More>>

ALSO:

What Winter? Temperature Records Set For June 20-22

The days around the winter soltice produced a number of notably warm tempertaures. More>>

Conservation Deal: New Kākāpō Recovery Partnership Welcomed

Conservation Minister Maggie Barry says the new kakapo recovery partnership between DOC and Meridian Energy is great news for efforts to save one of New Zealand’s most beloved birds. More>>

ALSO:

Tech Sector Report: Joyce Warns Asian Tech Investors View NZ As Hobbits And Food

Speaking in Wellington at the launch of a report showcasing the value of the technology sector to the New Zealand economy, Joyce said more had to be done to tell the country's technology stories overseas. More>>

ALSO:

Mediaglommeration: APN Gets OIO Approval For Demerger Plan

APN News & Media has received Overseas Investment Office approval for its plan to split out its NZME unit ahead of a potential merger with rival Fairfax Media's New Zealand operations. More>>

New Paper: Ninety-Day Trial Period Has No Impact On Firms' Hiring

The introduction of a 90-day trial period has had no impact on hiring by New Zealand companies although they are now in widespread use, according to researchers at Motu Economic and Public Policy Research. More>>

ALSO:

Corrections: Serco Exits Equity Stake, Remains As Operator

Serco has sold its equity stake in the company that holds the contract to design, build and run Wiri Prison in South Auckland but continues as sub-contractor to operate the facility. More>>

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news