Art & Entertainment | Book Reviews | Education | Entertainment Video | Health | Lifestyle | Sport | Sport Video | Search

 


Dare to Dream

Dare to Dream

By Jamie Neikrie

In Silicon Valley, accelerator programs are the best thing going. In a town built on ingenuity and multi-million dollar ideas, they may be the most fool proof business idea yet.


Basically, young tech experts and start-ups apply to an accelerator program. If accepted, they will spend weeks with experts at the program, perfecting their technology and honing their message. It all comes down to Demonstration Day, Silicon Valley’s version of the NBA Draft. Investors and entrepreneurs, the biggest names in the tech industry, turn up to see the best talent coming out of the accelerator programs, looking for the next Facebook or Twitter.


While the start-ups can find high profile investors, and the investors stand to make a fortune off the Next Big Thing, the biggest winner of the day is the accelerator program, who, as a fee for their advise and expertise, now owns stock in every one of the start-ups. If just one of the companies from Demonstration Day makes it big, the accelerator program has more than recouped their expenses.


Accelerator programs are a great business idea, but what if they could also be a great social idea? This is the thought that Guy Ryan, Charlotte Hayes, and Ants Cabraal had when they created Live the Dream, an accelerator program for social enterprises looking to create a better New Zealand.


Last Wednesday was the big day. After months of planning, Live the Dream sponsored seven teams, billed as the next generation of social entrepreneurs. This was the cream of the crop, the seven best ideas from a rigorous application process. The companies ranged from Social Lab, which seeks to build a community around reusable wood waste, to Rate My Flat, which uses an online database of ratings, comments, and insider knowledge from previous tenants to improve flat hunting and the housing system in New Zealand.


Each company gave a short presentation on their program in the hopes of attracting investors, partners, and volunteers. Many of the programs focused their attention on youth, using social media and community events to promote a cause. While none of these companies were expressly non-profit, every presentation made it clear that their goal was to better society and New Zealand, not to make money.


While every company impressed with its energy, enthusiasm, and social consciousness, the best idea of the night was Live the Dream’s. By taking a well-tested investor platform and turning it into a marketplace for social betterment, Live the Dream has a winning formula on its hand. “I think it went great,” remarked Cabraal. “This is the first time we’ve ever done this so we hope to expand the size and opportunities.”


The next step for Live the Dream is another Demonstration Day in Auckland. But Wellington, riding a wave on ingenuity and social awareness right now, would do well to make Live the Dream a city mainstay. As the program grows, competition to enter the accelerator with intensify, making the companies to emerge on Demonstration Day that much better.


Cabraal, Hayes, and Ryan have long known they had a great idea on their hands. After attending, I’m sold too.


ENDS

© Scoop Media

 
 
 
 
 
Culture Headlines | Health Headlines | Education Headlines

 
Sheep: Shearing Record Smashed In Hawke’s Bay

Three shearers gathered from around New Zealand have smashed a World record by 264 sheep despite the heat, the pumiced sheep of inland Hawke’s Bay and a year’s wool weighing an average of over 3.5kg a sheep. More>>

ALSO:

Carrie Fisher: Hollywood In-Breeding & The Velocity Of Being - Binoy Kampmark

There was always going to be a good deal of thick drama around Carrie Fisher, by her own confession, a product of Hollywood in-breeding. Her parents, Debbie Reynolds and the crooner Eddie Fisher, provided ample material for the gossip columns in a marriage breakup after Eddie sped away with Elizabeth Taylor. More>>

  • Image: Tracey Nearmy / EPA
  • Gordon Campbell: On The Best Albums Of 2016

    OK, I’m not even going to try and rationalise this surrender to a ‘best of’ listicle. Still…maybe there is an argument for making some semblance of narrative order out of a year that brought us Trump, Brexit and the deaths of Prince, David Bowie, Leonard Cohen and Alan Vega, who I missed just as much as the Big Three. So without further ado….oh, but first a word from the sponsor More>>

    Emojis: World’s First Māori Emoji App Launched

    It’s here - the world’s first Māori emoji app Emotiki has landed just in time for summer roadtrips and santa stockings, with 200 Māori and Kiwi cultural icons for people to share their kiwiana moments with each other and the world. More>>

    ALSO:

    Howard Davis: Album Of The Year - Van Morrison's 'Keep Me Singing'

    2016 was a grand year for Van The Man - The Belfast Cowboy turned 71, received a knighthood, and reissued an expanded set of soul-fired live recordings from 1973 ('It's Too Late to Stop Now'). In the game for 53 years now, Morrison's albums consistently open new windows into the heart and soul of one of the most enigmatic figures in modern music. More>>

    Review: The NZSO Performs Handel's Messiah

    Max Rashbrooke: Saturday night's performance took the piece back to something like the way it would have originally been performed when premiered in 1742, with an orchestra of 20-30 players and only a few more singers. More>>

    Culture: Rare Hundertwasser Conservation Posters Found After 40 Years

    When Jan and Arnold Heine put a roll of conservation posters into storage in 1974 they had no idea that 42 years later they would be collectors items. More>>

    Get More From Scoop

     
     

    LATEST HEADLINES

     
     
     
     
    Culture
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news