Parcelport at the launch of Zino Ventures' New Kiwis Challenge
Tuesday 17 July 2018, 7:24PM
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Parcelport founder Jimmy Wu was at the Techweek last month speaking at the launch of this year’s New Kiwi Challenge. Parcelport were in last year’s Zino Ventures’ New Kiwis Challenge, coming in as a top three finalist. This is the second year running of the competition, with last year being the inaugural year. As a result of being the finalist Parcelport made it to the Ice Angel Investment showcase, and as a result they received funding from both Ice Angels and Zino Ventures.
The Zino New Kiwis Challenge is a startup competition for migrant entrepreneurs, who have started a business in New Zealand, that they’re looking to take to the world. The prizes include mentoring, support and introductions to networks and capital, here and in China. Last year’s winner received US$2.5m investment lead by Zino Ventures
The New Kiwis Challenge competition has been set up because the founders understand that starting a business is hard, and even harder when you’re not a ‘local’. The aim to encourage immigrant entrepreneurship to create new value for New Zealand.
Zino is an organisation focused on creating new value for New Zealand, by supporting businesses to achieve their growth potential in Chinese speaking markets, with capital, networks and advice. They do this in two ways:
Zino Ventures raises Angel and Growth Capital for investment in promising Kiwi companies; Zino Innovation Hub is building a network of services and support for Kiwi businesses seeking help to take their business global.
Launched in September 2016, Zino Ventures Fund 1 marks the first Chinese Angel Fund in New Zealand. Zino Ventures Fund 1 will invest in and empower up to 20 start-ups over three years. Zino is currently raising its second fund, a Growth Fund aiming to invest in businesses with the potential to scale into Chinese speaking markets.
Zino’s name is based on the Latin word “Sino”, which refers to China and Chinese history. The “Z” stands for New Zealand, and also for innovation, flexibility, and being fearless.
At Parcelport you can access multiple courier companies under one account, ship nationwide and over 220 countries worldwide; no more prepaid courier tickets, so for more information on New Zealand couriers, couriers and parcel tracking please go to http://www.parcelport.co.nz .