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First Cut Ventures

Applications for the 2019 Startup Challenge are now open.

Categories: Business, Business
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angelassociation.co.nz
Every Kiwi should back or build a start-up
Not all of us are built to be founders but we can all find a way to back ambitious, world-changing businesses; whether it’s buying their products, using their services, promoting them, encouraging and supporting them or investing in them. Certainly, backing and building start-ups will do a whole lot more for our future and our economy than every kiwi backing or building a residential property portfolio. It was good to see the Government encouraging investors in the direction of more productive assets in its recent housing announcements. None of us can escape noticing there is a big relevant shift going on in the world at the moment. The planet is in pain and people are in pain. We have to do things differently. Right now, many see Aotearoa and New Zealanders as doing things differently. We are seen as safe, innovative and progressive. We are small and ambitious and we have an innate belief in our ability to sort things out; whether that’s managing covid well, sending satellites into orbit more efficiently (Rocket Lab, Dawn Aerospace), creating software to help businesses operate better (Unleashed, Vend, CoGo), extracting useful material out of industrial waste (Avertana, Mint Innovation, Lanzatech), finding health solutions (Avalia, Aroa Bio, Alimetry), providing financial services (Xero, FNZ, Sharesies, Harmoney), producing food in a better way (Halter, Robotics Plus, Biolumic) or being at the cutting edge of the creator economy (Weta, Moxion, Shift72, Narrative Muse). The advent of covid and our special kiwi approach to solving the world’s big problems has created an exceptional opportunity to amplify the impact of our start-ups. The stakes are incredibly high if we don’t seize this. New Zealand risks being left behind and missing our chance to be a rock-star sustainable economy; a nation creating exponential value and impact, grounded in our unique empathy for people and the planet. The world desperately needs an exemplar of how to do this we

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