Start-ups honoured at Incubator Awards

INRO Technologies wins start-up of the year award

Start-up companies were honoured last night at the Gen-i-sponsored New Zealand Incubator Awards.

This year’s winners were:

Start-up of the year: INRO Technologies from The Icehouse, in Auckland. Start-up exporter of the year: TracPlus Global from Upstart, in Dunedin. Start-up entrepreneur of the year: eBUS’s Carmine Masiello from The Icehouse, in Auckland. Innovation of the year: PowerbyProxi from The Icehouse, in Auckland. Hall of fame award: Mobile Mentor and M-Com, both from The Icehouse, in Auckland.

INRO Technologies uses robotics to automate customers’ vehicles, autonomously moving products within warehouses and cold stores. The company has grown from volunteer staff to over 20 full-time staff in the last year.

TracPlus has developed a tracking service for commercial, government and non government agencies. TracPlus allows users to monitor the status and location of their assets and to securely share that information with other users, regardless of tracking hardware and network.

Carmine Masiello leads eBUS, which has has developed software that allows production teams, creatives and their clients to access and work on the same piece of video footage at the same time from anywhere.

PowerbyProxi, a spin-out from the University of Auckland, designs and develops wireless power systems, which eliminate the need for a physical or frictional power connection to electronic devices.

Mobile Mentor, started four years ago, set out to unlock the potential of increasingly complex mobile phones. It now has 140 staff worldwide, five-year exclusive contracts in Australia and Brazil, and is expanding into China, USA, UK and Europe.

M-Com provides mobile banking solutions in the Asia Pacific region to customers such as ANZ and Westpac banks.

Incubator-assisted companies, of which there were 150, cumulatively attracted $25 million in capital and achieved almost $22 million in revenue last year, of which 23% was from exporting, according to Incubators New Zealand.

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