Menu
​MSPs feature as Govt invests $4.9 million in booming Kiwi start-ups

​MSPs feature as Govt invests $4.9 million in booming Kiwi start-ups

“The technology incubators programme is modelled on the highly successful Israeli incubator model."

Steven Joyce - Science and Innovation Minister

Steven Joyce - Science and Innovation Minister

Eleven more start-up technology companies will be funded $450,000 each in repayable loans to help commercialise technology through Callaghan Innovation’s incubator network, with managed services provider Pop in Technologies featuring among the list.

Announced by Science and Innovation Minister Steven Joyce, a total of 18 companies have now been funded through Callaghan Innovation’s new technology incubators which have been set up to help commercialise complex, new to the world, intellectual property.

According to Joyce, companies repay the grant when they begin to earn revenue from their venture.

“The latest tranche of repayable grant recipients all have the potential to solve global problems as well as developing high-tech businesses,” Joyce adds.

“From better diagnosis of heart disease in emergency situations, to more efficient detection of cattle infections, the companies being incubated through the Repayable Grants programme have the potential to not only create hi-value jobs and industries, but will create spill-over economic and social benefits for New Zealand and overseas markets.

“The technology incubators programme is modelled on the highly successful Israeli incubator model.

“Growing new companies in our high-tech sector is crucial to maintaining a strong growing economy, and developing smart start-ups will help our businesses develop a competitive edge.”

The eleven new companies are:

  • Moxion
  • HiVolt Fluidics
  • Onesixone Limited
  • Mastaplex Limited
  • Aptamer
  • Upstream Medical Technologies
  • Nyriad Limited
  • HiAspect
  • Fishery Logistics
  • Pheromite
  • Pop In Technologies

Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags governmentSteven Joyce

Featured

Slideshows

Reseller News welcomes industry figures for 2019 Hall of Fame lunch

Reseller News welcomes industry figures for 2019 Hall of Fame lunch

Reseller News welcomed 2018 inductees - Chris Simpson, Kendra Ross and Phill Patton - to the third running of the Reseller News Hall of Fame lunch, held at the French Cafe in Auckland. The inductees discussed the changing landscape of the technology industry in New Zealand, while outlining ways to attract a new breed of players to the ecosystem. Photos by Gino Demeer.

Reseller News welcomes industry figures for 2019 Hall of Fame lunch
Upcoming tech talent share insights at inaugural Emerging Leaders Forum 2019

Upcoming tech talent share insights at inaugural Emerging Leaders Forum 2019

The channel came together for the inaugural Reseller News Emerging Leaders Forum in New Zealand, created to provide a program that identifies, educates and showcases the upcoming talent of the ICT industry. Hosted as a half day event, attendees heard from industry champions as keynoters and panelists talked about future opportunities and leadership paths and joined mentoring sessions with members of the ICT industry Hall of Fame. The forum concluded with 30 Under 30 Tech Awards across areas of Sales, Entrepreneur, Marketing, Management, Technical and Human Resources. Photos by Gino Demeer.

Upcoming tech talent share insights at inaugural Emerging Leaders Forum 2019
Show Comments