October Investor Evening

Thursday 6th August –  5:30pm – 8pm
Venue: Ministry of Awesome – Te Ōhaka – Centre for Growth & Innovation
KBlock, Ara Institute of Canterbury, Madras Street, Christchurch
Our event sponsor MoA have kindly offered to host our next CA Pitch evening. Make sure you add Thursday 1st October in your calendar to come along to our next investor evening of 2020. Please register here.

Watch this space for the confirmed line up.

 

 

 

 

 

 

 

 

Filed under: Uncategorized

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!

Filed under: Events

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: Events, 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

August Investor Evening

Thursday 6th August –  5:30pm – 8pm
Venue: EY – Level 4, 93 Cambridge Terrace

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.

 

ArcAngels is a membership organisation that invests in early stage female-led startups in New Zealand. ArcAngels members have to-date invested over $1.6 million in 16 companies & funds. Alongside the network, ArcAngels is raising a Fund to invest in female-led startups.  It will be the first start-up fund exclusively focused for female founders in New Zealand. So far, the Fund already has commitments of almost $1.4million and has in turn invested into 6 companies – including: Beany, Voltaic, Limpidity, Chnnl, Yabble and Chatterize.

Canterbury Angels’ members are welcome to bring along guests free of charge.

 

Filed under: Uncategorized

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

Take Flight – June 4th

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.

Filed under: Uncategorized

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

Funding for cashflow forecasting & Webinar invitation

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 matthew.hanley@nz.ey.com

We look forward to welcoming you at our webcast.

Date: Friday, 24 April 2020

Time: 10.00am – 11.00am NZT

Register here.

Filed under: Uncategorized

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