Callaghan touts deep tech incubators a success despite critics
A 10-year review shows it has supported nearly half of deep tech startups founded in NZ but some think money could be better spent elsewhere.
The fund had a 72% survival rate among the startups it backed.
The Government’s $750,000 repayable loan under its deep tech incubator programme (DTIP) was useful for a capital-intensive startup, “but it was nowhere near enough,” says Bspkl founder Christine Houlihan.
The green hydrogen spin-out Bspkl, which she co-founded with GNS ion beam material
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