Centrality launches new incubator programme in Auckland
On the heels of its recent record-setting ICO, blockchain specialists, Centrality are ramping up the second phase of their growth — with the expansion of their office space in Auckland CBD to accommodate more than 70 newly-created positions, including the brand-new Centrality Ventures Incubator Programme.
Kicking off in early April, with an accelerator-style programme that will guide startups through the process of developing their blockchain-based app idea into a fully-fledged, market-ready application.
Centrality Ventures is offering successful applicants an initial seed investment of $100,000, as well as access to a variety of technical and business resources and a brand-new office space to call home.
“The remarkable part about Centrality’s business model is that each application in our ecosystem will bolster the others through sharing user bases and leveraging a common technology stack. This means that every business we bring into our portfolio increases the chances that the others will succeed,” states Head of Identity, Liesl Eichholz, who co-developed the programme.
Centrality Ventures will also provide access to their increasing global network of accredited (AML checked and KYC verified) investors to meet their future funding requirements. Reflecting on the move after raising over $100 million in its recent CENNZ token sale, CEO Aaron McDonald enthused
“I’m especially proud to be kicking our incubator programme off in New Zealand, giving kiwi companies the chance to access world class engineering talent and our developer tools to help jumpstart their ideas. I am equally excited about bringing the power of the global blockchain capital markets to successful graduates. New Zealand innovators often have to go offshore and take much of their talent and investment with them. By offering world class opportunities in Auckland we hope our economy will benefit by capturing more value on shore.”
The programme is looking for teams with an idea for a socially impactful, consumer-facing applications. They will need a decentralised, peer-2-peer business model that could benefit from a shared blockchain-based technology stack.
This programme follows on from the phase one strategy of investing in kiwi companies and developing the technology with in-house resources. Group General Manager, Daniel Gillespie was excited to see the strategy take the next step
“Now we are more confident with our tools we are keen to see other developers use them in a semi-controlled environment. The next phase will see us make them fully open to the public”
Visit www.centrality.ai/ventures to find out more.