Kiwibank FinTech Accelerator

Kiwibank FinTech Accelerator

Powered by Lightning Lab
Oct 7 '16
20K ? , You really can't do much with 20k It certainly wouldn't cover even the living cost for 4 professional to up and quit their day jobs and move to Wellington for 3 months to go build a start up. Is this a realistic proposition to commit to full time for 3 months or is it targeted more at university leavers whit no experience. On one hand your looking for established startups however the 20K ? , You really can't do much with 20k It certainly wouldn't cover even the living cost for 4 professional to up and quit their day jobs and move to Wellington for 3 months to go build a start up. Is this a realistic proposition to commit to full time for 3 months or is it targeted more at university leavers whit no experience. On one hand your looking for established startups however the funding available if a fairly token amount. more
2
Robert C and Dean C gave heat
Brett Holland
Brett Holland October 9 2016
Dave, I appreciate your concern. We intend for the initial investment from Lightning Lab to be help for all teams, but anticipate that team will need to supplement that with their own funding from friends, family, and other sources. We may be able to help connect more mature teams with other funding sources as well. We would love to have a conversation with you and any team about ways to make it work financially to be a part of the programme.