Ten companies selected for Zino new Kiwis startup challenge

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Debra Hall, an experienced angel investor and Chairman of Zino Innovation Hub, which runs the Challenge, says the Zino team was delighted at the level of interest shown, with 42 companies, and entrepreneurs from 16 countries, entering the competition.

“As investors in start-up companies, we regularly see talent being wasted because new migrants simply don’t have the connections, the access to capital and sometimes even the language to navigate the early stage of growing a business. Zino is committed to changing this, to create new value for New Zealand” said Hall.

The ten companies will receive two months of mentoring and support as they hone their pitches to vie for a prize package that includes trips to the innovation centres in China, opportunities to participate in offshore incubation, support from Alibaba Cloud, Xero and Uniservices and most importantly, the opportunity to pitch for investment from Zino and other early stage investment groups in New Zealand.

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