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The Factory

The Factory is a startup accelerator based in Christchurch, New Zealand, focused on supporting early-stage founders in agri-food-tech and innovative technologies. It provides hands-on coaching, tailored incubation programs, and connects startups with investors.

Recorded stages
Accelerator, Pre Seed, Seed
Recorded regions
New Zealand, Oceania
The Factory
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Overview

The Factory is an organization based in Aotearoa, New Zealand, dedicated to supporting ambitious startup founders. It was established to help validate ideas, build traction, and scale businesses through practical support and capital pathways. The Factory has successfully incubated 303 startups and supported 483 jobs through active startups, raising a total of $161 million in capital.

Focus

The Factory invests in early-stage startups, providing hands-on coaching and tailored incubation programs. It connects founders with investors through MIG Angels to unlock early-stage capital and facilitate growth. The organization aims to promote and advocate for founders, helping them build visibility and credibility within the startup ecosystem.

Support

Founders participating in The Factory's program receive hands-on coaching, tailored support, and access to a network of investors through MIG Angels, helping them to build visibility and credibility in the startup ecosystem.

Questions

<p><strong>What are the eligibility criteria for The Factory?</strong></p><p>The Factory seeks ambitious startup founders who are in the early stages of their business, specifically those at the accelerator, pre-seed, and seed stages.</p><p><strong>How does the application process work?</strong></p><pFounders can apply through the official website at <a href='https://thefactorynz.co.nz'>thefactorynz.co.nz</a>. The application typically requires a business plan and details about the startup's current status.</p><p><strong>What are the deal terms offered by The Factory?</strong></p><p>The Factory provides an investment amount of $161,000, but specific equity percentages and additional terms are not disclosed.</p><p><strong>What is the format of the program?</strong></p><p>The program includes a mix of in-person and virtual sessions, with a focus on hands-on coaching and tailored support for founders.</p><p><strong>What makes The Factory different from other accelerators?</strong></p><p>The Factory emphasizes practical support and capital pathways, connecting founders with investors through MIG Angels to facilitate growth.</p><p><strong>What are the success metrics for startups in the program?</strong></p><p>Success metrics include the number of startups incubated, jobs supported, and total capital raised, with The Factory having incubated 303 startups and raised $161 million in capital.</p>

Overlapping documented focus

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