ION e-Letter April/May 2008

GeniusNet is proud to host the ION e-Letter. ION is New Zealand’s leading virtual community of innovators, entrepreneurs, mentors and investors.

The ION e-Letter is kindly supported by Revera
– High Integrity I.T. Infrastructure –

NZ Angels Reach for the Stars

Angel investing is enjoying somewhat of a renaissance in New Zealand as cashed up entrepreneurs look to the marketplace for their next project. has emerged as an informal discussion space and deal brokerage site whilst business incubators in both Auckland and Wellington have established their own angel networks.

Angel investors generally bring both cash and expertise to early stage ventures prior to the business trading profitably. The networks themselves are not investment funds or advisors and usually only admit experienced, high net worth individuals. Whilst many angel investors are looking for high technology business opportunities, this is not exclusively the case. The chief problem is finding quality deal flow for the investors. That is partly why we are developing the Tech ConnexION event.

TechConnexION Event for Wellington

New Zealand is rich with talent in the gaming, CGI and online /mobile business applications arena. ION and GeniusNet are currently in discussions with several parties around developing a live event  for Wellington later in the year, aiming to bring investors and entrepreneurs together. The proposed theme is “Connecting Through Virtuality” and the format will be along the lines of a half day of seminars on new venture development followed by a demo session and networking drinks for entrepreneurs and serious investors. Confidential expressions of interest from technology entrepreneurs, investors, speakers and potential sponsors are welcome at this time.

Please email: ion [at] genius [dot] net [dot] nz

Or call: +64 27 47 373 14

PlanHQ Hits Business Planning Sweet Spot

Tim Norton and the team at PlanHQ have developed a unique service offering that allows any business to easily create, action, track and achieve business planning objectives. The secure web-based application gets your entire team focused on execution, completing actions, achieving goals and tracking progress against financial projections. With Tim’s boundless energy driving the project, PlanHQ have moved mountains in a very short space of time. In 2007 they launched the product, began signing up dozens of paying customers, presented at DEMO, hired a US VP Marketing and connected to VC and business coaching client companies globally. They’ve also received $300K in angel funding to date and are currently engaged in a second funding round to assist with moving into the U.S. market. Business coaches and advisors are now being invited to become PlanHQ affiliates. 

Webfund Gets You Going

Speaking of innovative web-based businesses – have you ever had a brilliant idea for a web based business of your own, but didn’t know where to begin? Maybe Webfund can help. Established by Stefan Korn, himself an experienced serial e-commerce guru and entrepreneur, Webfund is like a one stop shop for virtual enterprises. The company evaluates and develops your business proposal, helps to find investors and then goes about setting up the technology.

Webfund chairman Dave Moskovitz says he’s thrilled to be working with and backing web-centric innovators in developing new and disruptive online technologies. Webfund has already launched an impressive array of clientele such as Bookhabit, and

SimDeck Motors Ahead

Auckland firm SimDeck is finding that its Formula One racing car simulator is a hit whenever it goes out for a spin in public. SimDeck deploys a huge digital daytime screen to project racetrack images to patrons who drive a real scale model, custom built Formula One car. The simulator is being marketed to global franchisees and as a corporate promotional events attraction. SimDeck is close to replicating its F1 success with a highly detailed F16 jet simulator that is sure to set pulses racing when it goes live.

Connecting with Cockatoo

Cockatoo is the mouthpiece for an international group of consultants, think-tanks and business advisors. The indefatigible, Canberra based Rod Brown edits this rich report that deals with global best practice in regional economic development, clusters and investment attraction.

April/May Events

The NZ Wireless and Broadband Forum have a couple of great events coming up later in April.

The Angel Connect Network across the ditch are holding their annual event on 17th of April in Melbourne.

Online games and simulation developers may be interested in this 21st April talk at Auckland University on developing software agents that play games as humans would.

24th April sees the Auckland ICT Cluster’s networking event at which Prof. Sylvie Chetty, will speak about innovation, internationalisation and the role of networks. 

The GCC Small and Medium Business Conference will be held in Dubai on 29-30 April.

Unlimited Potential and 9-20 are hosting the IT Rockstar final on May 21st, 5.30pm @ Top Floor of the Majestic Centre (Wellington Chamber of Commerce).

Singapore’s Wirelesss & Broadband Week and GovTech are both on 27-28 May.

AngelHQ has an investment evening planned for 5th of June. To enquire about registration as an investor contact Marie-claire Andrews.

And if you are interested in global conferences and expos featuring “clean-tech” or green technologies, you might like to check out this listing.

ION Forum Activities

Don’t forget there is a wealth of information and support for innovators and entrepreneurs still available on the ION Forum site. And if you need a place to hold a community forum discussion we’d be happy to make space on the forum available. Password controlled access can be made available if a private and secure area is required.

High Growth Hangs, Digital Forum Sprouts

Click here to read and contribute to an online discussION about the new ICT industry body. Can it implement the refreshed Digital Strategy and successfully build on the work of High Growth, despite industry politics? And now that the Digital Strategy v2.0 has been released, you can read about it and make submissions here.

More About ION

ION is a knowledge sharing community of New Zealand innovators, entrepreneurs, mentors and investors. Membership is FREE. If you want to find out more or to share your projects and events – click HERE.

ION is an Ecosynergy Project

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