The greenXchange is New Zealand‘s greentech business cluster, creating global opportunities for a smarter, greener economy.
We promote international JVs, engage in collaborative R&D and foster innovative development in environmental technologies.
According to Wikipaedia, business incubators began in the 1950s and really took off in the late 1990s as support for startup companies who need advice and venture capital to get their ideas off the ground. As the dot-com bubble burst, many high-tech business incubators did so too. Now the model of a business incubator is changing. Several of the incubator companies who survived the dot-com bubble switched to a virtual model.[read more]
The old incubator model required a startup venture to set up shop at the incubator's site. The virtual model, on the other hand, allows a company to garner the advice of an incubator without actually being located at the incubator site.
This new model has been adapted by the greenXchange and suits those entrepreneurs who need the advice an incubator offers but still want to maintain their own offices, warehouses, etc.