International Centre for Entrepreneurship (ICE) Foundation
The International Centre for Entrepreneurship Foundation
The Icehouse is owned by the International Centre for Entrepreneurship (ICE) Foundation. The Foundation was established in 2001 for the purpose of advancing education to benefit the New Zealand economy and it’s communities.
The Foundation separates its activities into two categories:
- The activities of The Icehouse, which are focused on enabling kiwi business owners and entrepreneurs to transform New Zealand’s economy.
- The activities of the Foundation, which are charitable under the laws of New Zealand. These activities include:
- Education on entrepreneurship and business growth in tertiary and related environments;
- Conducting research and issuing publications on business growth;
- Supporting events, seminars and conferences on business growth; and
- Any other activity which is beneficial to the community and is charitable in nature.
The Foundation’s focus for the first 10 years was to establish The Icehouse as its primary investment. After building a significant base of competence and knowledge, together with returns, it could then fund its other charitable activities.
Over the last few years, the Foundation has started to support activities which include:
- Research on business growth – small co-funded projects for researchers exploring factors of growth in small to medium business in NZ
- Academic fellowships – co-funding of emerging academics who can learn from the best academics in business growth and develop a teaching and research agenda through their career
- Student mentoring and scholarships – co-funding of the entrepreneurship activities that create an environment of learning and advancement in critical skills for the future for our student population.
- Scholarships to support PhD students enrolled in the University of Auckland Business School undertaking research in a topic which has the potential to impact on growing businesses in New Zealand.
More recently, the Foundation is in the process of broadening its mandate for investment and support to other charitable activities. This has seen it support the establishment of Maori community support organisation Te Whare Hukahuka which is focused on enabling Iwi based organisations to transform their leadership capabilities. The Foundation is also seed funding a new initiative called Girls Mean Business – a programme for girls aged 9-12 to give them the opportunity to explore their entrepreneurial potential.
The Foundation supports initiatives on a case by case basis depending on its resources available at the time. It will also be publishing an updated mandate in 2017 on the areas of interest to the Foundation.