CIE » Programmes » Venture Lab

VentureLab

VentureLab is the Centre for Innovation and Entrepreneurship’s incubator programme, open by invitation only to winners of the Velocity 100K challenge competition.


Who is it designed for?

The VentureLab Programme is open to the five winners of the Velocity 100K challenge each year.

Programme structure

Through VentureLab the Centre for Innovation and Entrepreneurship commits to giving each team the support they need to succeed with their venture.

Our Venture Lab Manager works with each team to individually support their growth and tailor support to meet the needs of each team.

Mentoring and resources

Each VentureLab team is provided with:

  • Weekly meetings and support from an experienced mentor and VentureLab Manager
  • Desk space and lockers
  • $10,000 stipend per team to enable them to focus their time on the venture
  • Invitations to Centre for Innovation and Entrepreneurship events and networking opportunities
  • Access to University of Auckland libraries and resources for market research
  • Board of Advisors handpicked for each team
  • Weekly meetings and support from an experienced mentor and VentureLab Manager
  • Specific capability building workshops conducted as required based on the needs of the teams
  • Access to Uniservices advisors
  • PwC Office Hours priority appointments
  • Access to funds, University of Auckland Inventors Fund and IP Group Fund

Timing and commitment

Each VentureLab team commits to working at least 60 hours per week on their venture. This is equivalent to 1.5FTE.

In addition, teams must attend a weekly meeting with the VentureLab manager, and a monthly presentation and workshop over the six month period.

Application

Entry into VentureLab is by invitation only.

EMAIL
CIE@AUCKLAND.AC.NZ

PHONE
09 923 4526

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