CA events are back after a prolonged break due to the Covid-19 pandemic. Our event sponsor EY have kindly offered to host us. Make sure you add Thursday 6th August in your calendar to come along to our first investor evening of 2020. Please register here.
We have a great line up of companies confirmed alongside an opportunity with an ArcAngels Fund.
homeAR Launched in 2019, homeAR is an augmented reality platform designed to transform the residential construction industry, both in New Zealand and globally. Beyond simple visualisation, the homeAR platform provides both builder and buyer the tools to communicate, make decisions and create project success – from initial research to completion. Our vision for homeAR is to not only grow sales, reduce wastage and improve margins for our customers, but to grow the residential construction industry as a whole.
CarbonClick enables businesses to offer traceable, trusted carbon offsets with any purchase.
2020 HiTech Awards finalist and Canterbury Angels portfolio company FileInvite will be giving an update. James Sampson Founder & CEO will outline their extraordinary 200% YoY growth, and what’s next for the company.
New Zealand and Beyond is a full service business, supporting New Zealand skincare
companies on every step of their journey into China. NZB was created after six months of research and development, our business model has been specifically designed to solve the problems kiwi companies are facing when accessing China.
Canterbury Angels’ members are welcome to bring along guests free of charge.
New Zealand Trade & Enterprise and Mainland Angel Investors (MAI) would like to invite you to join us for Take Flight, a virtual showcase with pitches from four innovative companies going global from the South.
Take flight is about showcasing great growth businesses in the South. Each company will pitch for five minutes, followed by five minutes of Q&A from the audience.
MAI is an angel investment collective formed by Start Up Dunedin, Start Up Queenstown Lakes and COIN South as a meeting point for start-ups ready to scale and local angels who generously want to give more money to see the south succeed.
For an opportunity to be part of MAI’s inaugural showcase please register here.
Further details, including a link for you to join, will be sent closer to the time.
In an era where the news is outdated before it is in print, there is much to digest from the almost daily announcements of new forms of Government relief to regulatory reform. To help inform some of these crucial decisions in the coming weeks, we invite you to join in our New Zealand in recovery – planning for business post COVID-19 – Tax Watch webinar.
In this webinar we will discuss the latest developments on the Government’s response including:
- Details on the recent tax reform and key options for administrative relief available from Inland Revenue – and how these can be used to relieve cash flow
- What transitioning to lower Alert levels will mean for business across New Zealand
- Pitfalls to watch out for in managing your employment obligations and understanding the wage subsidy scheme
- Privacy and commercial law considerations for operating in the “new normal”
- As well as other key developments and opportunities for relief.
If you have any immediate questions, please reach out to email@example.com
We look forward to welcoming you at our webcast.
Date: Friday, 24 April 2020
Time: 10.00am – 11.00am NZT
NZTE are running cash flow clinics for companies across their portfolio. See below the Cash Flow Health Check guide for founders for your reference. The purpose of the document is to help founders to understand the cash flow impacts in the current environment, and highlight ways they can mitigate and plan. There have been a number of government support packages announced which help feed into this.
It runs through a series of questions and considerations on current cash position, forward cash expectations, financing and funding and general finance considerations. You can also find references to key government websites which set out the support package and general guidance for this time.
You are very welcome to share this document with anyone/ founder/ company in your network.
Our overall message for founders is:
- Cash needs to be reserved now.
- Re-examine demand assumptions that drive your revenue lines (not just your customers but your customer’s customers), and all cost assumptions.
- Speak to your current funders asap, they may be able to see you through this period of uncertainty.
- With things changing daily we understand it is hard to be prepared in this situation, however, by being informed of your position you will put yourself in the best place possible to talk to funders/advisors/banks.
At this point, their team is focused on one-on-one support with specific customers. NZTE are considering holding one-to-many cashflow clinics and once this is shaped up we can update you on what is available.
Canterbury Angels remains open for business and will continue to provide all services as per normal. We are now working from home, you shouldn’t see any disruption to the efficiency of CA over the coming months.
Government website for everything you need to know about COVID-19:
Government’s media releases:
- Economic package to fight COVID-19
- Hon Dr David Clark: Backing our Health systems to battle COVID-19
- Hon Grant Robertson: $12.1 billion support for New Zealanders and business
Minister’s speech to Parliament
- Health Package Factsheet
- Business Cash Flow and Tax Measures Factsheet
- COVID Leave Support Factsheet
- Income Support Factsheet
- Wage Subsidy Scheme Factsheet
- Findex report on the announced $12.2 billion support package and other related articles.
- Tauranga Chamber can help with wage assistance
Information for businesses:
“Flatten the curve”:
- Simulation to show different scenarios
(this is a very simple way to show the effects of social distancing)
Resources for startup companies:
Wondering about early stage governance?
Do you need a Board, and if so, what sort of board?
This free workshop specifically for start-up founders is for you (but only if you’re a founder!). If you’re an investor, please consider passing this invitation on to the founders in your life.
A summary of our popular Angel Governance workshop normally run for investors and aspiring directors, this workshop will give you the tools you need to understand what boards do (or are meant to do), and discuss how others navigating the world of early stage company governance. Plenty of opportunity to ask questions, to bring you up to speed on getting the right governance in place for your early stage company.
It’s governance but not as we know it!
Being a director of an early stage / angel backed company is different, and in many ways more challenging than established company directorships.
As angel investors, we promise founders our money and our time – joining the board is a powerful way to truly contribute to the success of these businesses.
This course is designed specifically for those who want to learn more about the specific challenges and rewards of governance in angel backed companies. We’re looking for more angel investors to step into these board roles – this course will give you the confidence to step up and become actively engaged in this important role.
This course is run as a facilitated workshop, with experience directors in attendance to share their wisdom and war stories.
Great Information, Great Fun, Free Pizza
Thursday 15th August, 5:30pm at BDO – Level 4, 287/293 Durham Street North,
This is a great event for startups who are looking for investment during the next six months.
The format will be three or four pitches with a relaxed “dragons den” with a panel from the Canterbury innovation ecosystem, followed by a Q&A on what is an investible pitch.
Who should be there ?
- Startups that will be seeking investment
- Anyone wanting to get a better understanding of fund raising
- Investors looking for future investments
- CA members
It’s great fun so make sure you get a seat and register here to attend.
Please note this event has been moved from July 18th to the new date of August 15th.