It’s Alive!

Alps1My apologies for the radio silence lately. It has been a huge year personally and professionally with a lot of change, many challenges and some big plans finally starting to coalesce. One aspect of this has been our efforts bringing Genius ReFi to life.

Genius Refi is a global collaboration space and news site for researchers, entrepreneurs, investors and industry, with a focus on new ventures deploying regenerative science.

Only around 20-30% of initial science research proposals in universities worldwide actually get funded and only a small proportion of this gets commercialised. Here in New Zealand, compared to other OECD nations, we are doing about half the typical public investment in research science and technology (RS&T) within our underfunded universities. A lot of research is not making it out of the lab at a time when we need to be delivering a great many more solutions for emissions reduction, food sufficiency, environmental regeneration, renewable energy, disease and much more.

So Genius ReFi was born to validate whether or not we could build a (global) community of interest and collaboration space around these needs. Phase 1 is simply a collection of short but inspirational global news stories from me about science research being translated into regenerative products and services. Sitting on our little islands in the South West Pacific, we sometimes forget that 99.8% of business actually takes place outside our shores. So it is good to get insights into what other economies are doing with their RS&T settings whilst receiving inspiration from tech ventures that are out there doing it!

There is another element to this. Increasing the convergence of researchers, entrepreneurs, investors and industry. Because most published science is closed source and researchers are often not entrepreneurs themselves, we don’t know how many commercial opportunities have been missed in the past. In the future some areas of science research are likely to become more open and decentralised. Imagine if we could leverage this and deliver double the amount of science research in the form of scalable, viable businesses that have a regenerative effect on our world. There’s never been a more important task for humanity.

Please join the Genius ReFi Discord channel and collaboration forum.

Paul Spence is a commentator, researcher and a part-time university commerce and management lecturer. A previous co-founder of a successful New Zealand based global technology venture, co-founder and director of Creative Forest, principal at GeniusNet Research & GeniusReFi and a startup advisor. You can follow Paul on Twitter/X @GeniusNet or sign up for a free weekly digest of startup, tech and innovation related events co-curated by him through New Zealand Startup Digest.

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