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GET CRACKING ON THE NITTY-GRITTY OF YOUR BUSINESS
The ICEHOUSE Incubation Programme provides you with customised support and mentoring and the right tools, knowledge and contacts to fast-track your start-up.
A start-ups full potential can only be achieved by successfully advancing on all fronts. The challenge is start-ups are often resource starved. The ICEHOUSE Incubation Programme fills this gap with customised support and mentoring that provide expertise, real-life experience and guidance on funding and connections to investors if considered appropriate.
Receive access to ICEHOUSE EiRs and advisors. Our experts support you in all areas of business growth including: strategy, market validation, funding and exit strategy, finance, product and service development, customer acquisition, marketing, sales, and governance.
Our incubation-focused environment is flush with specialist resources, events, seminars, and some of New Zealand’s top entrepreneurs.
Receive direct access and personal referrals to highly-skilled experts covering all business domains, technical fields, and geographies – both local and international.
4. Investment Assistance
We support our residents from pitch to funding. This includes developing strategies, identifying fund raising opportunities and accessing people and resources.
WHO IS IT FOR?
- Entrepreneurs who have identified their pain point, customer segment and business model and are now ready to take their start-up to the next level
- Start-up entrepreneurs that want help tackling the next big steps such as entering international market, developing a funding strategy or launching new products/services
All start-ups are different and all entrepreneurs have unique aspirations. As a result, the success of the start-ups going through the programme comes in many different forms. In general terms, the goal of the Incubation Programme is to help entrepreneurs create and grow successful companies with:
- Fully developed structure, systems and plans
- Effective governance and management
- Established trading record
- Steady turnover growth
- Global opportunities identified
- Likely to have attracted equity investment
Alternatively, working through the Incubation Programme with The ICEHOUSE may also result in a more rapid recognition that a start-up should not move forward. Realising this early saves entrepreneurs significant amounts of money, time, and grief.
Chris White – Co-founder and CEO of BigLittleBang (ICEHOUSE Resident 2008 – 2010)
“Being in The ICEHOUSE means there is somebody to talk through problems with, and even if they are not the person to solve the problem, they will help you find the right person to get the answers you need. The ICEHOUSE were also key in organising the seed funding for the company which enabled us to take the product from a demo to an actual working multi-player game that we could take to schools and get feedback from kids while using it. There was a lot of work done on investment material and pitches with The ICEHOUSE but then also reaching out to people in the investment community to get feedback before even making the first pitch – I don’t think I would have even started down that road without The ICEHOUSE because I wouldn’t have known what to do.”
To read more about BigLittleBang’s journey with The ICEHOUSE download the full case study here.
Who you know isn’t everything – but it sure does help! As a resident of the ICEHOUSE Incubation Programme you have access to our extensive network of staff, partners, associates, alumni, expats, mentors, companies, government agencies and potential customers.
The ICEHOUSE itself is a collaborative partnership between The University of Auckland Business School, BNZ, Boston Consulting Group, Telecom NZ, Ernst & Young, HP, Microsoft. These partners cover many business segments and can provide residents with a wide range of assistance, from legal advice through to technology and marketing expertise.
Some additional benefits Incubator residents gain from our network include:
- Access to world-renowned speakers, academics and business leaders at ICEHOUSE events.
- Regular workshops about issues central to start-ups like product development, market development, building teams, venture capital and intellectual property protection.
- Introductions to key government agencies who assist with development, market penetration and R&D, including NZ Trade & Enterprise, Investment New Zealand, the Foundation for Research, Science and Technology, and Technology New Zealand.
- Access to the University of Auckland’s staff, research and business knowledge resources.
- Access to The ICEHOUSE partners’ international networks, including several offices in the United States, Europe and Asia.
EiRs are proven entrepreneurs and business leaders. They act as mentors and work one-on-one with residents of the ICE Start-up programmes, providing guidance and feedback and ensuring that all available resources are leveraged throughout the programme.
The ICEHOUSE is working with over 20 EiRs with different skills, experiences and background. You can find profiles of some of our current EiRs here.
Events are a great way to learn more about starting a business and The ICEHOUSE as well as meeting some of our team and networking with like-minded entrepreneurs. We frequently do events for start-up people, including our monthly First Wednesday Seminar and the Hatchery Entree Workshop and other one of events.
- The Incubation Programme costs $1,500 + GST per month, plus 6% ICEHOUSE equity in the business.
- Due to the highly customised nature of the programme the length varies a lot, but most start-ups progress through the programme within 6-12 months.
Please complete the application from by clicking on the button below. After reviewing the application, successful applicants will be invited to a screening session. This session will run for 30 minute with a panel of our Executives in Residence (Mentors), and includes your presentation and Q & A time. Applicants who meet criteria will receive an offer and agreement.
Or contact Kevin Park for more information on firstname.lastname@example.org or 09 308 6203.