INDEPENDENT NEWS

MED can't kill kiwi technology incubators

Published: Tue 7 Dec 2010 08:44 AM
MED can't kill kiwi technology incubators
By Peter Kerr for sticK
(sticK - 7 Dec. 2010 ) It's often hard to tell whether a government-sponsored initiative is worthwhile from a pure returns, or even more nebulous, 'doing good' point of view.
Accountants and economists can work magic with numbers, making you none the wiser, while any half-decent writer can justify anything.
However, given the Ministry of Economic Development's penchant for killing anything that doesn't deliver, the fact that New Zealand's start-up company incubators are still in existence must mean something.
Those nine incubators (see end of story for list), are surviving, even thriving, after almost 10 years operation, and as well as MED's stay of execution, some metrics around their performance seem to indicate there's good reason to keep them going.
Click to read the rest of this story
http://sticknz.net/2010/12/07/med-cant-kill-kiwi-technology-incubators/
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For sticK – science, technology, innovation & commercialisation KNOWLEDGE - is a new Wellington based news service concentrating on following the money from ideas to income. Contact editor Peter Kerr at peter.kerr055 @ gmail.com
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