Let’s build the future together.
Edition is a digital innovation studio for technology-led companies that believe in the power of design to shape a better world.
We are a digital innovation studio for startups and growing tech companies.
Digital Products
We translate complicated requirements into enjoyable, easy-to-use software and mobile applications that drive measurable business value. Our tailored approach ensures cost-effective results, fast.
Marketing Websites
We empower marketing teams of technology-led companies to accelerate customer acquisition and hit KPIs by delivering SEO-friendly, results-driven marketing websites - optimised for conversion.
Brand Identities
We know what it takes to stand out and grab attention in the digital world. Whether you’ve outgrown your current brand identity, need to refine your brand strategy, or want to create something new for scratch - we can help.
Recent Engagements
A digital platform providing world-class investment funds and quality financial resources to grow financial wealth.
A healthcare workspace that empowers small health practices do more of what they love.
An interactive learning platform empowering students and enhancing the way teachers teach, feedback, and assess.
New Zealand’s first fully integrated, instant, and secure contactless mobile payment platform.
The first company in the world to implement a GNSS/cellular-based road charging solution across an entire country.
Helping businesses complete secure and seamless AML verification as part of customer due diligence processes.
Building world-class
technology companies.
Recent Thoughts & Ideas
Startup Pitch Decks: What Investors Want to See
Creating a compelling startup pitch deck is a key step in securing funding and effectively communicating your business idea. Beyond presenting data and metrics, your pitch deck should convey the heart of your startup’s vision and strategy – turning numbers and insights into a narrative that captures attention and creates confidence.
For early-stage entrepreneurs and venture capital firms (along with other potential investors), the stakes are high on both sides. Investors need to quickly grasp your value proposition, understand your market opportunity, and see why your solution stands out. A well-crafted pitch presentation ensures clarity while highlighting the key points investors care about.
A pitch deck that combines clear structure with compelling storytelling can transform complex information into an engaging and persuasive argument, making your startup unforgettable when fundraising. Investors value a simple pitch deck that communicates your vision effectively and showcases your potential to become a high-growth business.
The Basic Structure
A pitch deck is more than just a series of slides; it forms your story. A business pitch deck is typically made up of 10 to 15 slides, each serving a specific purpose – from introducing your mission to laying out your funding ask. For early-stage startups, creating a well-structured slide deck can be the difference between capturing investor interest and momentum fizzling out.
Structure matters because it ensures your presentation flows logically, guiding potential investors through your narrative without confusion. Each slide builds on the last: the problem sets the stage, the solution sparks interest, and the traction slide provides proof of growth potential.
By anchoring your content in this framework, you highlight your competitive advantage and eliminate unnecessary distractions. Whether it’s your first pitch deck or a refined version for a seed round, structuring your deck with intent showcases your startup’s vision and helps investors feel confident in your ability to execute it.
When done right, a winning pitch deck stands out, showcasing a progression to becoming a highly successful startup.
Cover Slide
The cover slide sets the tone for your entire pitch deck and is your first chance to make a strong impression. It should deliver a clean, concise intro to your startup and its mission, adhering to best practices for pitch decks. Use a simple pitch deck design with considered fonts and high-quality visuals that align with your brand.
Take inspiration from the Airbnb pitch deck, which featured a tagline as its focal point: “Book rooms with locals, rather than hotels.” This minimalist and evocative message perfectly communicated Airbnb’s unique value proposition while setting the tone for the rest of the presentation. Similarly, your cover slide should highlight your mission in a way that resonates with potential investors.
First impressions are vital; a well-crafted cover slide demonstrates clarity, focus, and the ability to communicate effectively—qualities that venture capitalists and other investors value in a successful pitch deck. Tools like Canva and Google Slides can simplify this process while maintaining professionalism.
What to Include
- Company name and logo
- One-liner: Capture the problem you solve or the market opportunity you address.
- Tagline: Reflect your unique value proposition or mission.
- Optional: Contact details and the date of the pitch deck presentation.
What to Avoid
- Too much text: Keep it simple and scannable.
- Distracting visuals: Avoid images or designs that take focus away from your message such as overused gradients.
- Over-clutter: Stick to essential information only.
The Problem
Investors need to understand the pain points your target audience faces and why solving this problem is critical to your startup’s success. Your problem slide should clearly outline the issue, its significance, and why current solutions fall short. Framing the problem as an opportunity sets the stage for your solution and highlights the market’s key metrics that signal growth potential.
Use specific data and relatable examples to make the problem tangible and urgent, addressing the “why now” question that often resonates strongly in an investor pitch deck.
For startups preparing for funding rounds, from pre-seed and seed rounds to Series A to Series C, this slide is critical in establishing the need for your solution and showcasing the scalability of your approach. Incorporating credible data is essential and not something you can just spin up from a startup pitch deck template.
Presenting the problem with a clear link to your go-to-market strategy can further strengthen investor confidence in your approach.
What to Include
- Core problem: A concise, well-defined description.
- Supporting data or examples: Highlight the scale and urgency of the issue.
- Consequences: Show what happens if the problem remains unsolved.
What to Avoid
- Vague statements: Ensure your problem is clear and backed by specifics.
- Broad claims: Avoid overly generalised issues without context.
- Missing urgency: Emphasise why the problem needs immediate action.
The Solution
Once you've established the problem, the solution slide should showcase how your product or service effectively addresses it. This is your opportunity to demonstrate that your approach is both innovative and uniquely positioned to succeed. Like an elevator pitch, the content on this slide should be concise, engaging, and impactful.
Use visuals such as diagrams or workflows to make your solution tangible and compelling, ensuring it aligns with the clarity seen in a great pitch deck.
Consider your real differentiator – for instance, highlight how your product leverages automation to solve pain points or streamline processes. This ensures your VC pitch deck resonates with investors by showcasing cutting-edge technology and clear value. Keep your presentation succinct with effective bullet points that highlight key benefits and differentiate your solution from alternatives.
What to Include
- Clear explanation: Describe your product or service in simple, concise terms.
- Unique features: Highlight benefits that set your solution apart.
- Supporting visuals: Include diagrams, screenshots, or workflows to make it real.
What to Avoid
- Overloading details: Avoid excessive technical descriptions or irrelevant features.
- Jargon: Keep it simple and easy for non-technical investors to understand.
- Weak differentiation: Clearly articulate why your solution outperforms others.
Your Product
Brings your solution to life, showcasing its functionality, usability, and impact. This is where investors need to see how your product works and why it stands out in the market. For SaaS startups or other tech-driven solutions, this slide should highlight the user experience and the practical application of your product.
For instance, an early Uber pitch deck used a slide illustrating how a rider requests a car, the driver arrives, and the trip is completed – all in just a few actions. This kind of visual storytelling makes your product’s value immediately clear, even to those unfamiliar with the specifics.
A well-crafted product slide also reassures investors about your growth potential, an essential aspect of startup funding discussions. By tying your product’s benefits to the core problem you’re solving, you’ll demonstrate its relevance and scalability.
What makes a great pitch deck is the ability to connect emotionally with investors while providing clear, credible data – your Product slide is key to achieving that balance.
What to Include
- High-quality visuals: Screenshots, product photos, or a demo of the interface.
- Key features and benefits: Highlight what solves customer pain points effectively.
- Real-world examples: Show how your product delivers value in practice.
What to Avoid
- Over-reliance on text: Avoid long descriptions—let visuals tell the story.
- Feature dumping: Focus on benefits tied directly to solving the core problem.
- Unverified claims: Provide credible data or examples to validate your product.
Team
A critical component that showcases the expertise and leadership driving your startup. Investors often place as much importance on the people behind the business as they do on the idea itself.
Highlighting your founding team, including their skills and experience, demonstrates that your crew has the vision and capability to execute your plan and overcome challenges. For startup founders based in innovation hubs (like Silicon Valley), this slide can also show access to valuable networks and resources.
A well-presented team slide inspires confidence that your startup is well-positioned for success and aligned with its company purpose. Leverage design tools you are proficient in (shout out to those PowerPoint super-users) and also showcase your LinkedIn profiles to further emphasise your team’s strengths.
What to Include
- Core Team Members: Names, roles, and key qualifications or achievements. Highlight the co-founders and their relevant expertise.
- Advisors and Partners: Highlight industry experts or board members adding credibility.
- Collaborative Strengths: A brief statement about how the team’s combined skills align with the startup’s goals.
What to Avoid
- Irrelevant Details: Avoid including lengthy biographies or unrelated accomplishments.
- Cluttered Design: Overloading the slide with too many names or excessive text.
- Weak Team Presentation: Failing to emphasise how the team’s expertise drives the startup’s success.
Unique Value Proposition (UVP)
The core reason why your product stands out and why customers will choose it over competitors. This slide is your opportunity to demonstrate what makes your solution distinct and valuable, to both customers and investors. A strong UVP is critical for convincing investors that your startup has a competitive edge and the ability to capture market share.
A compelling UVP is backed by evidence, showing investors that your product is not only innovative but also resonates with your target audience. No matter if you’re pitching at the pre-seed stage or to a venture fund, your UVP should clearly articulate why your solution addresses a unique need in the market.
Highlight how your offering surpasses competitors, supports business traction, and delivers measurable value.
What to Include
- One-Liner UVP: A clear, concise statement summarising your competitive advantage.
- Competitive Landscape: A brief outline of key competitors and their limitations. Include specifics, like comparisons to a well-known VC-backed company or insights from pitch deck examples.
- Supporting Evidence: Data, testimonials, or performance metrics validating your claims. For instance, mention endorsements from programs like 500 Startups or early traction gained through partnerships or a relationship with another VC firm.
What to Avoid
- Vague Claims: Phrases like “best in the market” without proof.
- Ignoring Competitors: Failing to acknowledge and differentiate from existing solutions.
- Excessive Complexity: Overloading the slide with unnecessary details or jargon.
Validation
Validation provides tangible proof that your product or service is resonating with the market. This is where you showcase evidence of demand, adoption, or traction, reassuring investors that your solution has real-world credibility. Strong validation reduces perceived risks and demonstrates that your startup is on a positive trajectory.
Investors want to see that your idea isn’t just a concept but a viable solution backed by data, testimonials, or industry recognition. For instance, if your startup is a Y Combinator graduate, highlight it as a seal of credibility. Similarly, Intercom’s first pitch deck secured seed funding in 2011 by emphasising its customer-centric innovation and showcasing how this approach resonated with early adopters, ultimately laying the foundation for scaling a SaaS business.
Validation also signals that you’ve achieved product-market fit or are well on your way to it. Buffer’s first pitch deck, in 2011) emphasised clear month-over-month growth and testimonials from early adopters, helping investors understand the product’s traction.
By leveraging strong metrics and examples, as demonstrated in the Facebook pitch deck – where clear month-over-month growth and active user engagement stats were central – you can effectively highlight your credibility and market impact. You may consider utilising data from your own CRM for transparency and relevance.
What to Include
- Proof of Demand: Metrics such as user acquisition rates, revenue growth, or engagement stats. Use graphs to visualise key data points like month-over-month user growth or increasing revenue streams.
- Testimonials or Case Studies: Stories from early adopters or customers highlighting your product’s impact.
- Partnerships or Endorsements: Collaborations, media features, or recognition from reputable organisations. Highlight if a VC fund or well-known partner is backing your product.
- Financial Projections: Showcase projected growth over the next quarters, linked to validated demand and adoption trends.
What to Avoid
- Vanity Metrics: Data like app downloads without showing active usage or retention rates.
- Unverified Claims: Any figures or statements that lack supporting evidence or context.
- Irrelevant Examples: Including anecdotes or data that don’t directly validate your solution’s success.
Market Opportunity
Provides the context for your startup's potential, demonstrating the size, growth dynamics, and untapped areas within your target market. This is your chance to showcase your market research and why the problem you're solving exists within a lucrative and expanding industry, making your startup an attractive investment opportunity.
A strong valuation is often tied to addressing large, growing markets. Investors are looking for startups that target large, addressable markets capable of delivering significant returns. By clearly defining your market size and the trends shaping it, you can highlight how your solution fits into broader industry changes.
Whether you’re in tech, e-commerce, or a niche B2B space, aligning your market trends with measurable outcomes will strengthen your case. Additionally, highlighting how social trends or social media marketing strategies amplify your reach can add further weight to this section.
Similarly, showcasing competitive gaps and emerging opportunities in your market demonstrates a deep understanding of its nuances, making your pitch even more compelling to investors.
Takeaways from good pitch decks, such as Dropbox's, highlight the importance of addressing universal pain points with simple, user-friendly solutions. Dropbox’s pitch, used to secure a seed round led by Sequoia Capital, framed storage as a common frustration, offering a seamless, intuitive solution that required no behavioural change, driving viral adoption. Drawing inspiration from other successful decks, like Airbnb and WeWork, which tied their market insights to cultural and technological shifts, you can demonstrate how your solution aligns with emerging trends and redefines an industry, resonating strongly with potential investors.
What to Include
- Market Size Breakdown: Present the Total Addressable Market (TAM), Serviceable Addressable Market (SAM), and your projected market share. Use precise figures and credible sources to back your estimates.
- Target Customer Segments: Clearly define the demographics, behaviours, and specific needs of your primary audience.
- Market Trends: Highlight emerging shifts, such as technological advancements, regulatory changes, or consumer behaviours driving growth. Infographics may be helpful here.
- Growth Potential: Include historical or projected growth rates, citing sources like market reports or government publications.
What to Avoid
- Inflated Projections: Avoid unrealistic market sizes or growth figures without credible sources.
- Generic Descriptions: Vague or broad claims about the market that lack specificity or data.
- Ignoring Competition: Overlooking established players or not addressing why your solution will capture market share.
Business Model
Explain how your startup generates revenue, scales sustainably, and ultimately leads to profitability. For investors, this slide answers critical questions about your startup’s long-term viability and business plan. It's not just about how you’ll make money – it’s about demonstrating that you understand the dynamics of your industry, your pricing strategy, and your growth potential.
A strong business model reassures investors by showing you’ve anticipated challenges and mapped out a clear path to success. Take cues from companies funded by the likes of Icehouse Ventures and Sequoia Capital, which often emphasise scalability and efficient cost structures in their financial models. Whether it’s recurring revenue through subscriptions or a unique monetisation strategy, clarity is key.
What to Include
- Revenue Streams: How your startup makes money (e.g., subscriptions, licensing, direct sales).
- Pricing Strategy: Your pricing model and how it caters to different customer segments.
- Scalability: Demonstrate how your model can grow profitably over time.
What to Avoid
- Complexity: Avoid overly intricate revenue models that confuse rather than clarify.
- Vague Projections: Unsupported or unrealistic financial goals without a roadmap to achieve them.
- Ignoring Challenges: Failing to address potential risks or barriers to revenue growth.
Traction
The traction slide is your opportunity to present hard evidence of your startup’s progress. Investors want proof that your business model works and has already begun to gain momentum. This slide validates your business, showing that it’s more than a big idea—it’s a viable and growing opportunity.
Highlighting key metrics like revenue growth, customer acquisitions, or meaningful engagement rates builds confidence. Take inspiration from successful startup pitch deck examples like those of Airbnb and Uber, which demonstrated traction through adoption rates and early customer testimonials. A clear roadmap for scaling reinforces the idea that your business is poised for growth.
Highlighting traction can include metrics like customer growth or revenue increases. Tools like Moz can validate your startup’s online visibility, showcasing improvements in SEO metrics like domain authority or organic traffic. Paired with analytics from Mixpanel or Mattermark, this data strengthens your case for market traction.
What to Include
- Key Milestones: Showcase major achievements such as product launches, partnerships, customer acquisitions, or regulatory approvals.
- Growth Metrics: Present clear data like monthly active users (MAU), revenue growth, retention rates, or customer lifetime value (LTV).
- Engagement Metrics: Highlight meaningful user behaviour metrics such as daily active users (DAU), churn rates, or conversion rates from free trials to paid accounts.
- Roadmap for Growth: Share your plans for scaling and building on current success.
- Partnerships or Endorsements: Mention collaborations, media features, or endorsements from reputable organisations or key players.
What to Avoid
- Vanity Metrics: Numbers like downloads without context or active engagement rates.
- Irrelevant Achievements: Focus only on metrics and milestones that directly support your growth story.
- Overhyping: Avoid exaggerating progress without evidence to back it up.
The Ask
Where you clearly outline your funding requirements and how you plan to use the investment. This is a crucial opportunity to connect your financial request with the tangible growth goals and milestones of your startup.
Investors need to see a clear, well-thought-out funding plan. A transparent breakdown of your funding requirements demonstrates strategic planning and reassures investors that their capital will be put to good use.
What to Include
- Funding Amount: State the exact amount of capital you're seeking.
- Allocation of Funds: Breakdown of how the funds will be used (e.g., product development, marketing, team hiring).
- Expected Outcomes: The measurable milestones the investment will help you achieve (e.g., expanding to new markets, reaching specific revenue goals, or preparing for your Series B funding round to accelerate growth).
What to Avoid
- Vagueness: Avoid unclear funding requests without a specific allocation plan.
- Overly Ambitious Claims: Be realistic about what the funding will accomplish.
- Lack of ROI Explanation: Investors want to see how their investment will generate returns.
Conclusion
Your pitch deck is more than a series of slides – it’s your opportunity to tell a story that captivates investors, showcases your startup’s potential, and demonstrates your vision for success. By balancing compelling data with a cohesive narrative, you can create a deck that leaves a lasting impression and inspires investor confidence.
Investors want clarity, focus, and personalisation. Tailoring your pitch to their interests, highlighting the market opportunity, and aligning your presentation with their priorities can significantly enhance your chances of securing funding. Design plays a critical role, too – a visually appealing, professional deck reflects your attention to detail and ability to deliver with impact.
As you refine your pitch deck, rehearse your delivery, anticipate questions, and continuously improve based on feedback. This preparation ensures you’re ready to present your business with confidence and enthusiasm, setting the stage for productive conversations with investors.
If you’re ready to craft your best pitch deck and need expert guidance, let’s talk.
Grants for New Zealand Startups
Building a startup in New Zealand requires more than just resilience and a great idea. It also requires capital. Whether you're at the early stages of your business investing in R&D or facing the challenges of a competitive industry, having financial support can make all the difference.
Recognising this, the New Zealand government actively invests resources in supporting small businesses in our beautiful country. To help you navigate the different funding options, we've compiled a comprehensive list of the top startup grants for tech startups in New Zealand.
What is a Startup Grant?
A startup grant is a sum of money awarded to businesses that meet the eligibility criteria to support their business idea or growth initiatives. These funds are not usually provided as a loan, and therefore repayment is not required. However, this is not free money in the sense that recipients of the funding opportunities are often required to detail how the funds will be spent and demonstrate the grant's impact on their business.
Self-Employment Startup Payment
The Self-Employment Startup Payment is a form of financial aid to help individuals start a new business. It aims to provide financial support for the essential startup costs that may pose a hurdle to new entrepreneurs.
Application Criteria
To be eligible for Self-Employment Startup Payment, applicants must:
- Be initiating a new business venture
- Require financial assistance for critical startup expenses
What you get
Up to $10,000, supporting critical startup costs.
This grant can be applied towards:
- Initial lease and bond payments for your business premises
- Material costs for prototypes and setting up a website
- Legal fees associated with formalising your business structure
Learn more about the Self-Employment Startup Payment Grant
Flexi-Wage for Self-Employment
The Flexi-Wage for Self-Employment is a government initiative designed to assist individuals in creating their own business. It provides a financial cushion for early-stage startup business development, when the company may still need to be self-sufficient.
Application Criteria
To be eligible for Flexi-Wage for Self-Employment, applicants must:
- Be in the process of starting a new business or in the early stages of business development
- Present a viable business plan that demonstrates the potential for sustainability and growth
What you get
Up to $16,800 ($600 a week for a maximum of 28 weeks) for early stages of business development.
This grant can be applied towards:
- Essential setup costs for the business
- Living expenses during the initial phase where business income might not be stable
Learn more about the Flexi-Wage for Self-Employment Grant
Business Training & Advice Grant
The Business Training & Advice Grant provides access to specialised expertise, enabling new business owners to lay a solid foundation for their ventures through informed decision-making and strategic planning.
Application Criteria
To be eligible for the Business Training and Advice Grant, applicants must:
- Be in the planning stages of starting a new business
- Be receiving assistance from Work and Income New Zealand (WINZ) to launch the business
- Intend to utilise the Flexi-wage for self-employment for the same business
What you get
Up to $1,000 every 52 weeks, financing professional services for new business owners.
This grant can be applied towards:
- Business skills training
- Crafting a comprehensive business plan
- Seeking advice on starting and running the business effectively
Learn more about the Business Training & Advice Grant
Regional Business Partner Capability Vouchers
Regional Business Partner (RBP) Capability Vouchers support small businesses in New Zealand by subsidising training and advice on business planning, marketing, and systems through the Regional Business Partner Network to foster growth and efficiency.
Application Criteria
To be eligible for Capability Vouchers, applicants must:
- Undergo an assessment with a local Regional Business Partner
- Be operating with at most 50 full-time equivalent employees
- Be registered for GST in New Zealand
- Have a New Zealand Business Number (NZBN)
- Be operating in a commercial environment
- Demonstrate a desire to innovate and grow
What you get
Up to $5,000 per year, for training and advice for business owners and their teams on essential management topics.
This grant can be applied towards management training in key areas such as:
- Business Planning, Systems, and Sustainability
- Capital Raising, Export, and Finance
- Governance, Lean Manufacturing/Business Operations, and Marketing
Learn more about RBP Capability Vouchers
Callaghan Innovation R&D Grants
Callaghan Innovation offers various R&D grants to support significant technological development and business innovation. This includes the Ārohia Trailblazer Grant, New to R&D Grant, R&D Experience Grant, R&D Career Grant, and the R&D Tax Incentive—each designed to fund different stages and scales of R&D activities, from initial development of intellectual property to commercialisation.
Ārohia Trailblazer Grant
The Ārohia Trailblazer Grant from Callaghan Innovation is designed to support innovative New Zealand businesses preparing to launch their products or services to the market. Here's a structured overview following your example:
Application Criteria
To be eligible for the Ārohia Trailblazer Grant, applicants must:
- Be an innovative business at the "getting ready to go to market" stage
- Have completed the majority of their research and development
- Demonstrate the potential to create opportunities for other innovators in Aotearoa
- Exhibit four explicit attributes, emphasising community and industry impact (stated on the website)
What you get
Up to $4 million in co-funding for selected businesses, supporting innovative New Zealand businesses as they prepare to launch groundbreaking products or services to the market.
This grant can be applied towards:
- Setting up new infrastructure and production capabilities
- Building teams with the right skills
- Developing demonstration models
- Marketing efforts
Learn more about the Callaghan Innovation Ārohia Trailblazer Grant
New to R&D Grant
Similar to the now-retired Callaghan Innovation Getting Started Grant, their New to R&D Grant provides financial support to kickstart the research and development phase for startups and established businesses, facilitating the progression of product development or services from concept to commercial readiness.
Application Criteria
To be eligible for the New to R&D Grant, applicants must:
- Be an eligible entity as a business
- Your business must not have received any government funding for R&D greater than $5,000 in the three years before the date of submission of your application
- Your business must have spent less than $50,000 in total on R&D over the three years before the date of submission of your application
- You must be able to fund your share of the R&D costs
What you get
Up to $400,000, funding 40% of your eligible R&D activities.
This grant can be applied towards:
- Initial research and development costs
- Capability development activities
Learn more about the Callaghan Innovation New to R&D Grant
R&D Experience Grant
The R&D Experience Grant from Callaghan Innovation is designed as a student grant to facilitate existing businesses in integrating tertiary-level students into their research and development (R&D) projects through full-time summer internships. This approach aims to equip students with valuable, real-world R&D experience, nurturing future innovators.
Application Criteria
To be eligible for the R&D Experience Grant, applicants must:
- Have an ongoing R&D program with a dedicated budget and technical staff
- Fulfil financial due diligence criteria
- Employ interns on their payroll, ensuring they receive at least a Living Wage during the internship
- Be a business incorporated under the New Zealand Companies Act, registered under the Limited Partnerships Act, a Māori incorporation or trust, or meet other specific criteria
- Apply for a maximum of 10 students, adhering to the stipulated student-to-R&D personnel ratio
What You Get
Financial support by covering student wages at the Living Wage rate.
This grant can be applied towards:
- Compensation for students participating in R&D projects
- Providing valuable, real-world R&D experience to students
Learn more about the Callaghan Innovation R&D Experience Grant
R&D Career Grant
The R&D Career Grant from Callaghan Innovation is designed as a student grant to financially support innovative businesses employing PhD and Masters graduates full-time for six months. The goal is to provide these graduates with their first professional experience in research and development (R&D), thereby enhancing both their career prospects and the R&D capabilities of the hiring businesses.
Application Criteria
To be eligible for the R&D Career Grant, applicants must:
- Conduct active R&D supported by a specific R&D budget and technical team
- Meet financial due diligence requirements
- Offer a full-time employment position to the graduate, not a contract role
- Be an entity incorporated under the New Zealand Companies Act, registered under the Limited Partnerships Act, a Māori incorporation or trust, or meet other defined criteria
What You Get
Coverage of a graduate's salary for six months.
This grant can be applied towards:
- Full-time employment of PhD and Masters graduates in R&D roles
- Integration of fresh academic insights and cutting-edge knowledge into business R&D efforts
Learn more about the Callaghan Innovation R&D Career Grant
R&D Tax Incentive
The R&D Tax Incentive (RDTI) from Callaghan Innovation is a financial measure designed to support New Zealand businesses engaging in research and development (R&D) activities. It aims to alleviate financial burdens and recognise the innovative efforts contributing to a better future.
Application Criteria
To be eligible for the RDTI, applicants must:
- Conduct R&D activities within New Zealand
- Complete the Business Eligibility and R&D Eligibility quizzes on the RDTI website to confirm their eligibility
- Engage in qualifying R&D activities meeting the specified tax credit claims criteria
What You Get
A 15% tax credit on eligible R&D expenditures.
This incentive can be applied towards:
- Direct R&D activities conducted in New Zealand
- Costs associated with developing new or improved products, processes, or services
Learn more about the Callaghan Innovation R&D Tax Incentive
Deep Tech Incubators
Deep Tech Incubators offer robust support and investment from Callaghan Innovation to propel Deep Tech ventures, fostering scientific and technological breakthroughs with the potential for profound societal impact.
Application Criteria
To be eligible for the Deep Tech Incubator, applicants must:
- Present a novel, defensible Deep Tech proposal with significant scientific or engineering advancements
- Demonstrate a credible project plan, commercialisation strategy, and budget with adequate resources allocated by the partner Incubator
- Align with the chosen Incubator's strategy and specialty area, or provide a valid rationale for any deviation
- Be early-stage with a long path to commercialisation, high-growth with global ambitions, and have strong science or engineering foundations with some technical validation
- Be incorporated in New Zealand and offer benefits to the country
What You Get
A minimum of $1 million in funding, with $750,000 as a repayable grant from Callaghan Innovation and a minimum of $250,000 from the partner incubator.
This funding can be applied towards:
- Development and commercialisation of novel, defensible Deep Tech proposals
- Building teams, infrastructure, and achieving technical validation
Learn more about the Callaghan Innovation Deep Tech Incubators Grant
Waka Kotahi Innovation Fund: Hoe ki angitū – Innovation Fund
Application Criteria
To be eligible for a grant from Hoe ki angitū – Innovation Fund, applicants must:
- Address specific challenges related to New Zealand's land transport, such as climate change, road safety, and emissions reduction.
- Innovate within the private sector, including startups, iwi, and research institutions.
- Propose solutions applicable in New Zealand, enhancing social and economic outcomes.
What you get
Financial support ranging from $30,000 to $500,000 for up to 16 weeks to accelerate innovative transport solutions, with potential phasing over twelve months.
This grant can be applied towards:
- Development of innovative responses to published transport challenges.
- Access to data, expertise, regulatory guidance, and real-world testing environments.
Learn more about the Hoe ki angitū – Innovation Fund
Te Pūnaha Hihiko: Vision Mātauranga Capability Fund
Application Criteria
To be eligible for a grant from Te Pūnaha Hihiko: Vision Mātauranga Capability Fund, applicants must:
- Build connections between Māori organisations and the science and innovation sectors.
- Develop projects that align with the Vision Mātauranga policy, integrating Māori knowledge and perspectives.
- Aim to increase the understanding and application of research outcomes beneficial to Māori communities.
What you get
An annual budget of approximately $4 million, with about $2 million available for new proposals, supporting collaborative projects and research capabilities through various funding schemes.
This grant can be applied towards:
- Projects that foster new connections between Māori organisations and researchers.
- Research and initiatives that contribute to the strategic outcomes of the Vision Mātauranga policy.
- Activities that build research capabilities relevant to Māori knowledge and aspirations.
Learn more about Te Pūnaha Hihiko: Vision Mātauranga Capability Fund
Pros & Cons of Startup Grants
Startup grants offer valuable financial support to emerging businesses, but they come with advantages and challenges, like any funding option. Understanding these can help you navigate the decision-making process more effectively.
Other Government Support for Startups
New Zealand's government agencies support startups beyond growth grants, focusing on training, business advisor services, and sustainability tools to foster growth and innovation.
These programs collectively aim to enhance New Zealand startups' digital capabilities, international reach, and environmental sustainability, offering a holistic support system for business growth and innovation. There is no precise template for which funding avenues are right for your business, and it is important to explore many options to find the right fit.
Digital Boost Skills Training
Run by the Ministry of Business, Innovation and Employment (MBIE), this initiative provides free training on digital tools, website management, and social media optimisation to enhance business digital presence.
Learn more about Digital Boost
Invest New Zealand
New Zealand Trade and Enterprise (NZTE) aids businesses targeting international markets with personalised advice and global networking, supporting export ambitions.
Learn more about Invest New Zealand
Climate Action Toolbox
A free tool aiding businesses in reducing their carbon footprint, helping them understand and act on environmental impact, and aligning with New Zealand's sustainability goals.
Learn more about Climate Action Toolbox
Business Mentors NZ
Business Mentors New Zealand is an independent not-for-profit mentoring service committed to supporting the success of small business owners, start-up entrepreneurs and social enterprise decision-makers.
Learn more about Business Mentors New Zealand
General NZ Business Advice
Tools and expert advice from government and industry for both large and small business owners such as; checking business name availability, finding out about claiming expenses and registering a trade mark.
Learn more at business.govt.nz
Additional Funding Options
While New Zealand's government grants offer a solid foundation for funding across many types of businesses, most startups will also need to explore additional financial avenues at some point in their journey.
Equity Financing
For startups ready to scale, equity financing presents a path to secure significant investment in exchange for a share of ownership. Not just funds essential for growth, equity financing often also comes with expertise, mentorship, and networks that can propel a business forward.
If you’re considering equity financing for your startup, take a look at these resources:
- Investor Directory: Explore leading investment groups fuelling New Zealand and Australia's tech startups with Edition's Investor Directory.
- Venture Capital Guide: Navigate venture capital with our comprehensive guide, from angel investors and accelerators to venture capital funds.
- Top Venture Capital Firms: Identify potential partners among New Zealand's and Australia's leading VC firms.
- Venture Studios: Discover how venture studios reinvent startup development—read Edition's guide.
Debt Financing
Debt financing offers an alternative that can be less dilutive than equity options. Providers like Prospa and Taxi offer small business loans tailored to startups' unique needs, enabling them to grow without giving up equity.
At Edition, we specialise in bringing visionary ideas to life. Whether you're navigating technology startup grants and small business grants or seeking venture capital, our strategic design and development expertise is tailored for companies eager to make a difference—partner with us to transform your innovative ideas into digital solutions that contribute to a better future.
Venture Studios: The New Way to Build a Tech Startup
Building a technology company from the ground up is a challenging endeavour. From raising your first round of venture capital to assembling a world-class team, there are myriad challenges, especially for those lacking industry expertise. Given that 90% of startups fail, exploring ways to increase your chances of success is essential.
Enter the venture studio; a collaborative working model first adopted by Idealab in 1996. By combining industry expertise, resources, hands-on support, and valuable learnings from success stories and failures, venture studios offer more than traditional funding avenues. They provide a supportive environment for tech entrepreneurs on a tight budget, facilitating capital raising and collaborative approaches to launching new ventures successfully. Across Aotearoa New Zealand and Australia this model is gaining traction, helping startups achieve higher valuations and sustainable growth.
What is a Venture Studio?
A venture studio (or startup studio) collaborates closely with founders and founding teams to build new companies and help them find product-market fit. They often assist in assembling the founding team of early-stage startups to scale the business. Unlike traditional venture capital funds, a venture studio embeds itself within the startup's operations and strategic decision-making, acting as a co-founder actively participating in the company's expansion.
The venture studio business model, popularised in Silicon Valley, leverages deep industry know-how and a financial model designed to yield a higher success rate. This approach can result in an increased rate of successful startups compared to traditional venture capital methods. By integrating resources, expertise, and hands-on support, venture studios offer a comprehensive framework that nurtures startups from inception to market success.
How do Venture Studios Work?
The venture studio model offers a unique approach to turning innovative ideas into successful businesses, distinguishing themselves from traditional startup support systems through an active, holistic process.
Here's a general overview of how they work:
Ideation & Investigation
- Process: Venture studios serve as hubs for creative ideas to be challenged and evolve further. These ideas might be sourced from within the studio itself, come from founders and startup teams outside the studio, or external collaborators. Ideas undergo meticulous evaluation for market potential, feasibility, and alignment with the studio's expertise.
- Outcome: A well-defined concept with a clear understanding of the target market, potential challenges, and opportunities. Concludes with a comprehensive concept ready for further exploration and market validation.
Validation
- Process: Ideas undergo rigorous testing against market realities. This involves in-depth competitor research, user interviews, business model consideration, and feasibility studies to assess the viability of the proposed venture — ensuring the concept holds promise and aligns with real user needs and market opportunities.
- Outcome: The outcome of the validation phase is to gain a better understanding of whether the idea can meet genuine market needs before further time, energy, and resources are committed. This helps a new startup de-risk itself and increases the likelihood of success for the venture.
MVP Design & Development
- Process: The venture studio (or venture builder) will shift into execution, prioritising key components of a first release based on a defined budget and desired timelines before bringing the idea to life. Founders collaborate with in-house experts across product design, product development, marketing, and strategic planning to refine an MVP solution and launch strategy, establishing a solid foundation for future growth.
- Outcome: A tangible MVP – a digital product or service ready for market entry, like the first version of a generative AI mobile app designed to translate Kiwi slang for newcomers and tourists. By leveraging the expertise of the studio and focusing on core features, the MVP is designed to address user pain points and provide immediate value to the target audience. Choice as.
Launch
- Process: Once an MVP is built, venture studios assist in preparing the startup for market entry. This may involve branding, development a marketing website, and social media presence. Some startups will opt for a soft launch, conducting closed beta trials with potential customers while others will launch to the public from day one. The goal is to create a compelling market presence and generate initial traction for the product.
- Outcome: The outcome of the launch phase is market entry. The venture studio aims to position the product for maximum impact and user adoption when the product steps onto the market stage, ready to captivate its audience.
Scaling
- Process: As the venture gains traction and demonstrates scalability, venture studios will typically play a role in supporting its continued growth. This can involve support securing additional funding, evolving the MVP into a more polished solution based on user feedback, and expanding the team. It's important to note that venture studios typically don't accompany ventures to the point of an IPO; rather, they facilitate growth until the venture is independently flourishing.
- Outcome: The outcome of the scaling phase is to facilitate new opportunities for growth and success. By leveraging established networks and industry connections, the studio aims to open doors for the venture that might otherwise be inaccessible. This could include opportunities for acquisition, strategic partnerships, or other avenues for expansion.
Off-boarding
- Process: Off-boarding marks a pivotal moment for a startup, transitioning from venture studio-supported growth to a thriving independent company. This milestone reflects the venture's readiness to navigate the market confidently with the support of an internal team, embodying the culmination of a successful partnership that has equipped the venture for sustained success.
- Outcome: Achieving independence is a testament to the entrepreneurial venture's potential and the value of the guidance provided by the partnering venture studio. This phase celebrates the venture's journey from concept to a competitive market leader.
Benefits of Venture Studios
Venture studios offer a number of key benefits that are particularly valuable to founders navigating the complexities of launching and growing a successful technology company.
Here’s a breakdown of some of these key benefits:
Risk Reduction
Venture studios help mitigate the risks inherent in starting a tech company. Leveraging their collective experience, they validate new business ideas and provide valuable guidance to startups through the early stages, ultimately increasing the likelihood of success.
Achieve More for Less
By leveraging their expertise and often accepting sweat equity (through mechanisms like SAFE notes), venture building with a venture studio can reduce the effective hourly rate of your startup’s development. This means that with a given budget, startups can accomplish more extensive outcomes or achieve a higher quality minimum viable product (MVP) compared to traditional funding avenues.
Essentially, startups can expand their resources further, unlocking the potential for greater innovation, new business opportunities and market readiness without sacrificing equity or quality.
Easier Access to Funding
With their established networks, venture studios can make fundraising less daunting. They connect startups with outside investors, facilitating the financial backing necessary for continued growth after launch. Depending on the venture studio, they might also be able to position the new venture in a way that is more attractive to external investors; resulting in the ability to raise more from venture capitalists for less equity.
Access to a Collaborative Ecosystem
Partnering with a venture studio helps you enter an environment where collaboration is the norm. Entrepreneurs get to rub shoulders with experienced mentors, software experts, industry insiders, and fellow founders and portfolio company teams, creating a rich environment for knowledge exchange and support. Venture studios are often able to intro you to who you need to speak, like the ideal mobile app developer just when your team needs them.
Shared Resources
One of the practical perks of venture studios is their provision of shared resources. These can include but are not limited to office space, equipment, market research and essential services like marketing support or software development. This helps to not only cut down operational costs in a startup’s early stages, but also allows founders and co-founders to focus more on the strategic aspects of their business.
Accelerated Market Entry
The path from idea to go-to-market can be significantly shortened with the support of a venture studio. Thanks to their expertise and streamlined processes, startups can navigate the process of early-stage validation and product development more smoothly, to ensure a faster, more confident launch.
Types of Venture Studios
Not all venture studios are the same. They come in various forms, tailored to the unique needs of the startups they seek to support. Understanding what makes each unique can help entrepreneurs feel confident in their decision of who to partner with.
These are some of the most common types of ventures studios:
Industry-Specific vs. Industry Agnostic
Industry-Specific Venture Studios
Industry-specific venture studios, also known as niche venture studios, concentrate solely on a particular sector, such as Healthcare, Fintech, SaaS or EdTech. They choose to only offer their deep industry knowledge, insights, and specialised support to startups looking to operate in their area of expertise.
Industry-Agnostic Venture Studios
Industry-agnostic venture studios take a broader approach, welcoming startups from various sectors and industries. They focus on providing support and resources to startups with innovative ideas, regardless of the industry they operate in. This flexibility allows them to cater to a diverse range of entrepreneurs and business concepts, fostering wide-reaching innovation.
Corporate vs. Independent
Corporate Venture Studios
Established by large corporations, corporate venture studios will typically invest in and incubate new business ideas that align with their corporate goals. These startups often come from ideas generated in corporate hackathon events. While not always successful, corporate studios seek to combine the agility of startups with the resources and reach of well established companies.
Independent Venture Studios
Unlike corporate venture studios, independent venture studios are stand-alone businesses that are not affiliated with a large corporation, and operate independently - often within a credible agency that specialises in a particular field such as technology, or brand. They invest their resources into entrepreneurs and ideas they believe strongly in. These venture studios have an experienced entrepreneurship team and highly-skilled team members with a wealth of experience helping build and scale tech startups.
Hybrid Venture Studios
Hybrid venture studios combine elements of both corporate and independent venture studios. They have a strategic partnership with a large corporation or venture capital firm, allowing them to leverage resources and networks. These studios might evaluate investment opportunities independently, but typically have an investment committee that will make the final decision on partnerships.
Expertise-Led Venture Studios
In addition to the defining characteristics mentioned above, it’s not uncommon for a venture studio to have a specific area of expertise that influence their partnership decisions.
For example brand-led venture studios will support startups they believe they can help succeed by taking a brand-centric focus, embedding their expertise in brand strategy and identity capabilities into the business.
On the other hand, a technology-led venture studio will carefully select innovative new business ideas (such as those that utilise artificial intelligence) that they believe will have an unfair advantage if the business correctly balances it’s focus on innovation and usability; crafting world-class interfaces that encourage value delivery and retention.
The Difference Between Venture Studios and Traditional Startup Growth Methods
Of course, venture studios are not the only option available to founders looking to build and scale a successful technology company. Below we compare venture studios to some of the more traditional startup growth methods; venture capital firms, angel investors, startup accelerators, and incubators.
Venture Studios vs. Venture Capital Firms
Venture Studios offer a blend of investment (through rounds like pre-seed, seed funding, series A and so on), strategic guidance, and operational support, often actively participating in daily management. Unlike Venture Capital Firms, which primarily provide financial backing and mentorship, studios invest expertise and resources, accelerating startup growth in exchange for more equity. This model contrasts with VC firms' focus on financial investment and strategic advice, appealing to founders desiring substantial capital with minimal day-to-day external involvement.
Venture Studios vs. Angel Investors
Angel investors, investing their personal capital, often provide larger sums like venture capital firms but typically adopt a passive approach, allowing startup founders to retain management control. In contrast, venture studios actively assist with guidance and support, offering a distinct advantage for startups seeking hands-on operational help alongside investment.
Venture Studios vs. Startup Accelerators
Venture Studios differ from Startup Accelerators in their engagement depth and investment approach. Venture studios provide in-depth, long-term involvement, often co-creating businesses from the ground up, offering substantial resources, a small to medium sized equity stakes. Whereas Accelerators typically offer short-term programs with mentorship and small capital injections, focusing on rapid growth and networking opportunities, and usually require less equity.
Venture Studios vs. Incubators
Venture Studios differentiate from Incubators by offering extensive operational support and funding, often taking a larger equity stake due to their active role in startup development. Incubators, while providing a nurturing environment with mentorship and resources, usually don't involve direct funding or hands-on management. Similar to startup accelerators, this can be appealing to founders who seek support with greater autonomy.
In choosing between venture studios and traditional methods, founders should consider their specific needs, startup stage, and preference for equity and operational support, recognising each model's unique contributions to the startup ecosystem.
Venture studios can work alongside traditional VC firms and angel investors to complement financial investments with operational support, while accelerators and incubators prepare startups for further development and scaling.
Is a Venture Studio Right For Your Startup?
Having explored the concept of venture studios, you may be wondering if partnering with a venture studio is the right path for you and your new venture.
Here's why this model could be pivotal for your startup:
Early Stage Partnership
Venture studios excel in nurturing ideas from scratch. Their involvement from the ideation phase means you get more than just funding; you receive a partner who's invested in your vision and success from day one.
Hands-On Operational Support
Unlike traditional investors, venture studios offer active, hands-on guidance. They're your strategic partners, involved in daily decision-making and operational execution, providing an invaluable support system for navigating the startup landscape.
Ideation & Validation Support
Venture studios are invaluable for entrepreneurs who have a promising concept but seek expertise in evolving it into a market-ready venture. They provide a blend of resources and hands-on guidance, to rigorously validate ideas against market realities. This helps to ensure that startups they partner with are not just launching a product but addressing real user pain points and market gaps.
Access to Extensive Resources and Networks
Venture studios open doors to a wealth of resources and industry connections. This network is crucial for startups seeking to establish themselves and scale in a competitive tech ecosystem.
Risk Mitigation
With the high stakes of launching a tech startup, venture studios offer a strategic partnership to that mitigates risks. Their collective experience and support framework significantly bolster your chances of success, steering you through the complexities of the startup world.
Market Fit & Product Development
With their expertise, venture studios guide startups through the critical stages of market validation and MVP development. They ensure that your product enters the market with a strong value proposition and fit.
Operational Involvement
For those who prefer an immersive support system, venture studios offer a unique advantage. Their active role in the early and crucial stages of your startup, from developing an MVP to accelerating your path to They can help you make key decisions faster and significantly expedite your journey to market resonance.
For those who prefer an immersive support system, venture studios offer a unique advantage. Their active role in the early and crucial stages of your startup, from developing an MVP to accelerating your path to product market fit, includes leveraging a proven playbook. This playbook helps you make key decisions faster and significantly expedites your journey to market resonance.
Access to Resources
If you would benefit from shared resources such as office space, marketing expertise, and a collaborative ecosystem of industry experts, a venture studio can offer you tailored infrastructure to help facilitate your growth.
Risk Mitigation & Increased Success Potential
With the high stakes of launching a tech startup, venture studios offer a strategic partnership to that mitigates risks. Their collective experience and support framework significantly reduce the inherent risks of starting a tech company and amplify your chances of success.
It's important to note that joining a venture studio requires a certain level of commitment, flexibility, and openness to collaboration. While venture studios provide powerful support, they also expect founders to actively engage and contribute to growing a successful venture.
Whether as a simple fee-for-service or a combination of both fee-for-service and sweat equity, working with Edition offers your startup a unique opportunity to leverage our expertise, resources, and collaborative ways of working to propel your venture. With a track record of nurturing early-stage and high-growth ventures, and a commitment to driving innovation, Edition provides a dynamic and supportive environment for ambitious founders and technology teams ready to bring their ideas to life. From our studio in Auckland to Sydney and New York, we support global growth and success. If you'd like to discuss a potential partnership, let's talk.