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

 

Fossils: Ancient Penguins Lived Alongside Dinosaurs?

Penguins are much older than previously thought and their evolution probably dates back to the days of the dinosaurs, according to research on the fossilised leg bone and toes of a giant ancient penguin found in rocks near Waipara, North Canterbury. More>>

No Voda/Sky: Commission Declines Clearance For Merger

The Commerce Commission has declined to grant clearance for the proposed merger of Sky Network Television and Vodafone New Zealand. More>>

ALSO:

EARLIER:

Power: IEA Report On New Zealand's Energy System

Outside of its largely low-carbon power sector, managing the economy’s energy intensity and greenhouse gas emissions while still remaining competitive and growing remains a challenge. More>>

ALSO:

NASA: Seven Earth-Size Planets Around A Single Star

NASA's Spitzer Space Telescope has revealed the first known system of seven Earth-size planets around a single star. Three of these planets are firmly located in the habitable zone, the area around the parent star where a rocky planet is most likely to have liquid water. More>>

ALSO:

Auckland Transport Case: Men Guilty Of Corruption And Bribery Will Spend Time In Jail

Two men who were found guilty of corruption and bribery in a Serious Fraud Office (SFO) trial have been sentenced in the Auckland High Court today... The pair are guilty of corruption and bribery offences relating to more than $1 million of bribes which took place between 2005 and 2013 at Rodney District Council and Auckland Transport. More>>

ALSO:

Hager Raid: Westpac Wrong To Release Bank Records To Police

The Privacy Commissioner has censured Westpac Banking Corp for releasing without a court order more than 10 months of bank records belonging to the political activist and journalist Nicky Hager during a police investigation into leaked information published in Hager's 2014 pre-election book, 'Dirty Politics'. More>>

ALSO:

EARLIER:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news