Electrify Aotearoa announced, a rallying call for women startup founders

 

The all-day October 14 Christchurch conference will feature several of NZ’s top women
founders to inspire and connect with the next generation of women-led startups.

July 26, Christchurch: Women will start, shape, and build the future of Aotearoa industry, but
change needs to come faster.

That’s the rallying call for Electrify Aotearoa, an all-day national conference taking place in
Christchurch, October 14. Spearheaded by Ministry of Awesome and Blackbird Ventures, the
event brings together Aotearoa’s leading founders, aspiring entrepreneurs, and early-stage
startups for a day of inspiration, strategy, and connection.

“Many of our country’s most important high growth startups are woman led and we need many
more women to follow suit to ensure our country’s future success and leadership on a global
stage. Electrify Aotearoa is designed to send an electric shock through the startup community
and get more of our inspiring wahine turning their big ideas into world changing companies,”
said Marian Johnson, CEO of Ministry of Awesome, and organiser of the Electrify Aotearoa
event.

Globally, women only represent one in every four startup founders, despite research showing
women-led startups are more capital-efficient, achieve 35% higher return on investment, and,
when venture-backed, bring in 12% higher revenue than male-owned tech companies.
“We’re partnering with the Ministry of Awesome to encourage more ambitious Kiwi women to
take the leap into startups. By showcasing women founders and operators at different stages of
their journey, we are hoping to inspire others with tales of courage and triumph,” said Samantha
Wong, General Partner at Blackbird Ventures.

Electrify Aotearoa will help establish a foundational network for women entrepreneurs, New
Zealand’s top investors and venture capital companies, and the nation’s most successful
women entrepreneurs. This network will help them form a pathway for more women founders to
activate and succeed with a powerful community supporting them.

The conference will involve keynotes and masterclasses led by mavens of the tech industry
including Sharesies’ Brooke Roberts, Yabble’s Kathryn Topp, Outset DeepTech’s Imche Fourie,
and Theresa Gattung,NZ Lead for SheEO, and Chair of Women in Entrepreneurship at the
University of Auckland Business School. Together they will share personal stories, showcase
vulnerability during challenging times and roadmap future woman entrepreneurs’ success.

The event is being backed by some of New Zealand’s most important organisations for the
startup and innovation ecosystem, including MBIE, Callaghan Innovation, New Zealand Growth
Capital Partners, and AWS.

Electrify Aotearoa will take place on October 14, at Isaac Theatre Royal in Christchurch. Full
details are available at www.electrifyaotearoa.co.nz

Media contact
Leni Ma’ia’i
022 413 1596
lenivtmaiai@gmail.com

About Electrify Aotearoa
Electrify Aotearoa addresses the global, national, regional, and local women founder gap by
providing role models and success stories to inspire and activate the wāhine of New Zealand.
Confirmed speakers:
● Theresa Gattung – cofounder of My Food Bag, chair of Global Women, chair of Aotearoa
Centre for Enterprising Women at the University of Auckland Business School
● Brooke Roberts – Sharesies
● Kathryn Topp – Yabble
● Kaye Maree Dunn – Ahau
● Suse Reynolds – Angel Association New Zealand
● Imche Fourie – Outset Deep
● Emily Blythe – Pypervision
● Amber Marie Naveira – The Granary
● Kaila Colbin – Boma
● Maria Jose (MJ) Alvarez – NZGCP
● Lauren Peate – Multitudes
Electrify Aotearoa partners
● Ministry of Awesome
● Blackbird Ventures
● Ministry of Business, Innovation and Employment (MBIE)
● Callaghan Innovation
● New Zealand Growth Capital Partners (NZGCP)
● Hillfarrance Venture Capital
● Startmate
● Angel Association New Zealand
● ASB
● AWS
● ChristchurchNZ

● GoMedia
● University of Canterbury Centre for Entrepreneurship
Channel partners
● Territory 3
● NZTE
● ArcAngels
● Icehouse Ventures
● Epic Innovation
● University of Auckland Centre for Innovation and Entrepreneurship
● GridAKL
● Soda
● Canterbury Angels
● TechWomen

About Ministry for Awesome
Christchurch-based Ministry of Awesome exists to drive startup and innovation growth and
success in Aotearoa. The organisation works with ambitious startups to provide incubation,
mentorship, and access to the investor networks, commercial partners, and professional
services they need to succeed.
Less than three years since launching, Ministry of Awesome’s incubator, Te Ōhaka (the Nest)
has become firmly established as a fulcrum for Christchurch’s fast growing startup ecosystem,
helping generate millions in investor capital, and creating nearly 100 high-skilled jobs within the
local economy.

About Blackbird Ventures
Blackbird is a venture capital firm whose mission is to invest in wild hearts, with the wildest
ideas, right at the beginning. The Blackbird team does this by raising venture capital funds,
investing in the best startup companies and helping them succeed. The company has more than
a billion dollars under management and a portfolio of over 70 companies including some of the
most successful Australasian startups such as Canva, Zoox, SafetyCulture and Culture Amp.
Blackbird has a $60M fund dedicated to investing in Kiwi founders building world-class
technology companies.

Filed under: News

July Newsletter

Kia ora,

It’s exciting to report with our Partnership Agreement with ChristchurchNZ in place we now have the resources we need to accelerate the growth of CA. With the arrival of Matt Wiles (see below) working alongside Gabby we are in a position to progressively raise the profile of CA within the start-up ecosystem and to lift our game in terms of what we can offer our members and how we deal with Founders.

What will change?  

  • We will be much more active on social media telling our stories and those of the founders and the companies we support.
  • Our investment process will become more urgent and founder-friendly (see below for details)
  • We will offer more investment education activities for our members and founders (see below for details on the DD session on 28th July).

How can you Help?

  • Support our activities and pitch evenings
  • Share our content on social media channels you use
  • Respond expeditiously when you are interested in investing.

Ngā mihi

Paul Claridge

Introducing Matt Wiles

 

My name is Matt Wiles and I have recently been appointed Investment Attraction Specialist at Christchurch NZ, with the aim to create and implement an investment strategy in Ōtautahi Christchurch.

I have spent a large part of my career in people leadership and operational roles. These have ranged from Flight Centre to Z Energy and most recently as Chief Operating Officer at Save My Bacon.

A large part of my role is to work closely with the Canterbury Angels to reach membership and investment goals. This will involve working with the local ecosystem to grow capability and streamlining opportunities to facilitate early-stage investment.

Another key focus will be to help raise the profile of the club. One of the easiest ways to do that is through marketing activity, specifically social media by being more active, particularly on LinkedIn with a focus on regular posting and by amplifying posts and activity by relevant people and organisations.

Thanks for your support with this over the upcoming months and I look forward to meeting more of you at the Investor Evening on the 28th of July.

 

New Investor Evening Process

We are making some changes to our investment process (see below) that will add rigor and more urgency while also providing clear communication and timeframes for our Founders. Importantly the changes will provide the opportunity for those unable to attend to review the relevant information to assess each pitch while allowing Founders to be more involved.

The new process will commence from the July Investor Evening.

Filed under: News

AANZ 2021 Expert Session: Undertaking Technical Due Diligence with Amazon Web Services

Wednesday 25 August, 10:00am – 11:30am
Join up to this workshop to get a cheat sheet on what to look out for when it comes to technical due diligence. Learn what to ask and how to spot red flags as an investor when founders are pitching. AWS will also cover tech trends in the cloud including Artificial Intelligence and Machine Learning startups (AI/ML).

Join Steffen Merten, Shane Tracey-O’Connell and Daniel O’Brien from Amazon Web Services as they share insights, case studies and practical advice on:
  • How do you make judgement of the sophistication of the technology especially when companies always mention AI and ML?
  • What aspects should you focus on /questions to ask when conducting due diligence on technology software companies?
  • How do you judge the security level of their cloud infrastructure start-ups?
Topic: Technical Due Diligence with AWS
Time: 25 August 2021
10:00am – 11.30amVia Zoom (link will be shared with attendees prior to the event)
Register: Yes I can attend

 

Filed under: News

July Investor Evening

Wednesday 28th July –  5:30pm – 8pm
Venue: PwC, Level 4 – 60 Cashel Street

Kia ora, reserve your spot and register here to come along to our June investor evening. The evening will be kindly hosted our sponsor PwC.

Watch this space for our line up…

Continue reading

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Code Club Aotearoa and Canterbury Angels

We’re inviting the Christchurch tech community to join us in supporting the next generation of Pacifika tech innovators.

This meetup is co-hosted by Code Club Aotearoa and Canterbury Angels. Snacks and beverages will be provided.

Join us for a 1 hour showcase as we hear from young Pacifika innovators as they pitch their software projects in true Dragon’s Den style.

Be inspired by the great ideas coming out of these young minds and provide feedback during a safe friendly Dragon’s Den style pitch! There will be an opportunity at the completion of the pitches to give a Koha alongside Canterbury Angels to help strengthen the Digital Technologies programme at Bromley Primary School.

Join together and help grow the opportunities for currently underrepresented youth in the tech community.

RSVP here. Numbers are strictly limited to 100. (At Covid Level 2)

Wednesday 16th September at Te Ōhaka

Schedule
12:00pm Mingle, food and drinks served
12:15pm Take a seat, the pitches will start
12:50pm Close out talk
1:00pm Back to work!

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Angel 102 Workshop

Angel 102 with Ken Erskine

Monday 7th September – 4pm – 6pm
Venue: ChristchurchNZ
BNZ Centre, Level 3
101 Cashel Street

Following on from Angel 101, a new workshop has been developed to focus more deeply on the investment activity an angel investor needs to undertake in order to manage their portfolio of investments and opportunities they are presented with regularly and give you some key tools and techniques in order to do this.

The course will cover:

  • Due Diligence – how to conduct DD on the team, assessment tools to use and how to assess what the information is telling you
  • Structuring an investment – planning for follow on investment, syndication and investment runway
  • Key investment terms – spend time focusing on what key terms mean, how they are calculated and what they look like in legal terms
  • Portfolio management – rationalising your portfolio, allocating follow on investment

The workshop will be run by Ken Erskine who has extensive experience as an angel investor both from managing his own broad portfolio and leading the Ice Angels team for six years. Ken has developed and run the AANZ’s Angel 101 workshop across New Zealand, receiving rave reviews for the content and his unique and fun delivery style.

This course is 2 hours long and is tailored to allow for lots of sharing, so that you will not only come away with a deeper understanding of how to invest effectively in high growth startups but also connect with other angels.

Register here.

Filed under: News

AANZ Professional Development Series

AANZ are running a series of sessions coming up and we’re lucky enough to have one here in Christchurch on August 21st.
 

A deep dive into term sheets and convertible loan agreements and the impact various terms can have on the cap table… for better and worse!

This three hour session walks you through the impact of different terms and implication of such things as stacked convertible notes, the discount rate and valuation cap on who holds what equity. It will help you to understand how to align for mutual success and how founders and investors can be adversely impacted if the venture’s context and capital strategy is not fully understood. So we will be discussing the longer term impacts of commonly used investment terms, especially on the ability for companies to raise capital at a later date.

This session will be led by Avid Legal Partner, Murray Whyte, who will be joined by Ben Kepes to give an investor perspective and Mitchell McLaughlin from Road Guru to give a founder perspective.

You will have recently received the Runway invitation sent to founders and investor directors. It will also cover this topic. The workshop here will provide a far deeper dive into the mechanics and impacts of the different structures and is just for investors.

These workshops are designed to be highly interactive. You are actively encouraged  to share personal insights or challenges you have faced. We encourage you to bring your own examples of specific terms or CLAs in action that we can draw on as working examples.

 
The workshop will run from 10am – 1pm, with a light working lunch included in the day.
 
The cost is $150 + GST. Register here. 

 

Filed under: News

Angel 102 – Digging deeper into angel-ing

Following on from Angel 101, a new workshop has been developed to focus more deeply on the investment activity an angel investor needs to undertake in order to manage their portfolio of investments and opportunities they are presented with regularly and give you some key tools and techniques in order to do this.

The course will cover:

  • Due Diligence – how to conduct DD on the team, assessment tools to use and how to assess what the information is telling you
  • Structuring an investment – planning for follow on investment, syndication and investment runway
  • Key investment terms – spend time focusing on what key terms mean, how they are calculated and what they look like in legal terms
  • Portfolio management – rationalising your portfolio, allocating follow on investment

The workshop will be run by Ken Erskine who has extensive experience as an angel investor both from managing his own broad portfolio and leading the Ice Angels team for six years. Ken has developed and run the AANZ’s Angel 101 workshop across New Zealand, receiving rave reviews for the content and his unique and fun delivery style.

This course will be run online and will be run over the next 3 months. It will be 2 hours long and is tailored to allow for lots of sharing, so that you will not only come away with a deeper understanding of how to invest effectively in high growth startups but also connect with angels from around the country.

Follow the links to register:

Filed under: News

Ice House Demo Day – 21st May

Here is your invitation to Ice House’s Virtual Demo Day- 4pm Thursday the 21st of MayRegister here.

While we appreciate the current market conditions do not lend themselves to the same enthusiasm for funding startups that many investors had in previous years. The conditions do not, however, lead to a diminished demand for investment by startups that need (and merit!) capital.

We are making a few adjustments to this year’s format to ensure the startups that do merit capital are well served:

  1. The number of startups will be halved.
  2. Startups will only present if their current rounds have traction and lead investor support.
  3. Presentations will be followed by Q&A sessions to accelerate the evaluation process.

And, finally, we are going to ensure those in attendance are qualified investors that have interest in funding startups irrespective of the current challenges. It’s hard to qualify this – and we appreciate that investors are always “open for business” if a great opportunity comes along – so opt in as you see fit.

While a virtual Demo Day affords us the opportunity to host the masses, please note this invitation is for investors only.

Hope to see you online on the 21st of May.

Filed under: News

Legal Support Resources

What a new world we are entering!

One of our members has very kindly given me these free resources to share which might be worth drawing to your attention given the uncertainty we are all facing right now.

Filed under: News