Startup Weekend Marlborough Project Manager Tracey Green and Business Trust Marlborough Manager Brian Dawson are launching the event for the first time in the region.
A 54-hour “pressure cooker” program will take aspiring entrepreneurs from an idea to a potential business during the first-ever Marlborough Startup Weekend.
The three-day program, which will take place for the first time in Marlborough next month, began in the United States 15 years ago. It allows entrants to develop and present business ideas to a panel of experienced judges.
Startup Weekend Marlborough project manager Tracey Green said the event was aimed at people interested in business in general or with creative ideas, and who wanted to broaden their skills and knowledge.
“There is a lot of talent at Marlborough, but sometimes people need a little direction in a fun environment on how to start things.
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Green said the weekend was a “54-hour pressure cooker.”
“It will give an idea of the kinds of things that people need to think about, work on and build when starting a business.
“It’s a really solid self-development experience for people.”
Held for the first time in the region, the weekend is co-organized between Business Trust Marlborough and Marlborough District Council.
The council’s economic development program manager, Mark Unwin, said the event was a key part of its economic wellness strategy.
He said that the average number of company creations in the last 12 months, divided by the average number of active companies, in the country’s regional councils was 2.04%. In Marlborough it was 1.69%, which put the region at the bottom of the table.
“Universally, new businesses are a great driver of economic growth, they create investment, jobs and innovation,” he said.
“We have a good amount of primary industry, a lot of opportunities for innovation and technology, and we have a good ecosystem for businesses when they start, with the Angel investment network, the Marlborough Business Trust, the Chamber of Commerce…
“What we lack is that piece for people to see that there are businesses that start here.”
During Startup Weekend, participants form teams around a business idea on Friday night and push it as far forward as possible throughout the weekend before a Dragons’ Den-style launch on Sunday night.
Dragons’ Den is a BBC show in which competitors have three minutes to pitch their business ideas to five billionaires who are willing to invest their own money to get the business off the ground.
Business Trust Marlborough manager Brian Dawson said the event was about education, not competition.
“There may be some bright ideas over the weekend where business is formed, but that is not the goal at all.
“The goal is really to educate people on how you can come up with an idea, build a team and quickly move forward on a business opportunity to find out that it has any validity or find out that it’s actually not good at all and it wouldn’t be worth it. good”. Fail fast.
“It’s about fostering entrepreneurship and building a community of people who may be interested in setting up businesses at some point.”
Open to anyone over the age of 16 in any industry, Angus Pauley of Startup Dunedin facilitates Startup Weekend Marlborough.
The mentors will come from Business Mentors NZ through Business Trust Marlborough and the jury will be made by Angel Investors Marlborough.
Startup Weekend Marlborough begins June 17. Tickets are available at eventbrite.co.nz.