Third generation technology incubators cooking up better start ups

(sticK - 10 Dec. 2010 ) Technology incubators have come a long way since 2000 when the then science minister Pete Hodgson said New Zealand needed something that replicated the highly successful Israel model.

We didn't have loads of emigrating Russian scientists, a highly developed military research or manufacturing infrastructure nor the wealth of the U.S.A east coast Jewish community to pump venture capital into new start ups.

But the nine incubators (also see previous sticK story) have shown themselves to provide a reasonable return on their investment, and even the Ministry of Economic Development hasn't been able to find a reason to shut them down.

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http://sticknz.net/2010/12/10/third-generation-technology-incubators-cooking-up-better-start-ups/

For sticK – science, technology, innovation & commercialisation KNOWLEDGE - is a new Wellington based news service concentrating on following the money from ideas to income. Contact editor Peter Kerr at peter.kerr055 @ gmail.com