No Idea is Too Big
Make your mark on the world today
Globally connected, locally focused experts.
Our vision is to create an ecosystem of entrepreneurs that develop their passion for deep tech into viable, global ventures. Join us and bring even the biggest ideas to life.
We are 100% committed to seeing our companies succeed
Each of our companies gets access to the wealth of expertise and resources available through the wider Bridgewest Group
BioOra
Revolutionising cancer immunotherapy by automating and scaling the production of CAR T-cells.
MACSO
Automating the power of artificial intelligence, to simplify training and building algorithms for AI devices.
Precision Chroma
Developing 3D Printed Monolith Adsorption columns to transform the purification of biological therapeutics.
What are we looking for?
Deep-tech is a broad-ranging subject, and as much as we’d love to, we can’t support projects in every area of the spectrum. There are several key focus-sectors where our extensive experience and expertise is strongest, giving potential ventures the edge needed to succeed.
Life Sciences
Hi-Tech
Sustainability
You’ve got the idea, now let’s bring it to life.
Bridgewest Ventures is a globally connected partner, on the lookout for founders aiming to have a profound social, environmental, or economic impact on our world. As an approved partner under Callaghan Innovation's Technology Incubator Programme, we are taking applications for local ventures ready to commercialise on a global scale.
WHAT TO EXPECT
Click on each stage of the process below to get more information on what to expect.
Initial Connection
General time frame: 2 working days
So you've got a great idea, how do you get the ball rolling? The first step is to connect with us, which you can do via our website, by connecting directly with one of our team members, or via a referral. It's that easy.
First Assessment
General time frame: 1 week
If your offering meets the Deep Tech Incubator’s Criteria we’ll review what you have submitted and reach out for more information, likely over a casual conversation. If your idea doesn’t meet our criteria we’ll give our feedback and try to help you find the best path forward.
Formal Meeting
General time frame: 1 week
If we think its worth discussing the partnership opportunity further we will ask for a follow on meeting to discuss this in more detail. In the first formal meeting we explore the opportunity for Bridgewest to add velocity to the commercial path for your technology.
Internal Approval
General time frame: 2 weeks
If we think there is a strong potential to partner with you then we present internally to our Investment Committee. Our investment committee includes the Bridgewest founders and several executives of their successfully exited start ups. They meet every second week, and we are able to get their feedback and connections to relevant industry experts from the wider ecosystem. Progress on our due diligence is also reported fortnightly to the committee.
Memorandum of Understanding
General time frame: Up to 90 days
If the Investment Committee believe there is potential then we move forward with our in-depth Due Diligence (DD) activities. This is when we draft and agree a DD plan with you to validate the technology/market, build an investment proposition and define a workable partnership.
Pre-Incubation Grant
General time frame: Within the 90 day MoU period
If we need help from experts outside the Bridgewest Ecosystem, we will apply for a pre-incubation grant from Callaghan Innovation. This grant is intended to explore the commercial viability of the potential Joint Venture.
Join Venture Formed
General time frame: 4 weeks
Bridgewest Investment and Callaghan Innovation Repayable Grant Awarded
Finally we present the business plan and investment proposition to our Investment committee for funding approval. If they invest, then we are able to apply to Callaghan Innovation for the Repayable Grant which will match the funding from Bridgewest 3:1. If BVNZ invest $250K then Callaghan Innovation lend $750K to the Joint Venture.
Our Advisors
When you sign up with Bridgewest Ventures you get access to top industry experts across a range of hi-tech and deep-tech categories to help accelerate your success.
Impactful Innovation Conference
Auckland, Feb 29 - Mar 1 2024
Brought to you by Bridgewest Ventures, this conference aims to build stronger international networks and partnerships to help drive the commercialisation and reach of New Zealand Deep Tech. Click below for more information and registration.
Apply today!
Have you got the next big idea in deep tech? Apply today!