Otago Daily Times

City’s startup culture ‘attractive because it’s raw’

- SALLY RAE

DUNEDIN entreprene­ur Aleks Dahlberg loves the culture of startups in the city, saying ‘‘it’s attractive because it’s raw’’.

Mr Dahlberg is the cofounder of Kitt, which simplifies portfolio management and growth for DIY or ‘‘doityourse­lf’’ landlords — often also called selfmanagi­ng landlords — while also making renting easy and transparen­t for tenants.

He never intended the idea to morph into a business but it happened somewhere along the way. ‘‘It’s kind of like a good accident,’’ he said.

Now Kitt is entered in the Challenger Series, a competitio­n to find the city’s most promising startup business.

Entries close on July 7. Three new businesses could each win up to $65,000 of services and a place in a fourmonth coaching series featuring Deloitte, Gallaway Cook Allan, Startup Dunedin and local and national entreprene­urs.

Startup Dunedin chairwoman Sarah Ramsay said the competitio­n would help build on the economic success of Dunedin.

‘‘Challenger is designed to identify our top entreprene­urs with global potential and fasttrack their business ideas.

‘‘Startups are an important contributo­r to the future economy of the city, creating jobs across all sectors.

‘‘Even now, Startup Dunedin is supporting innovation­s in everything from physical products to the gaming industry, software as a service and artificial intelligen­ce.’’

Up to 20 selected entrants would pitch their ideas to a panel of local entreprene­urs. Once selected, the final three entrants would spend four months working with a panel of experts, mentors and investors preparing to become investorre­ady.

Mrs Ramsay said she was thrilled with the number of entries and amount of inquiry into the competitio­n so far, and that the calibre of entries was outstandin­g.

Industry and Government representa­tives collaborat­ed to establish the Challenger Series, including Enterprise Dunedin, Grow Dunedin Partners, Startup Dunedin, Creative HQ, Callaghan Innovation, Deloitte and Gallaway Cook Allan.

Enterprise Dunedin economic developmen­t programme manager Fraser Liggett said startups were playing a key role in boosting Dunedin by providing employment and increasing incomes.

The final three Challenger­s would be announced at a public event by July 31.

It was Mr Dahlberg’s Motuekabas­ed father who inadverten­tly sowed the seed for the launch of Kitt.

He rented accommodat­ion to working tourists and, several years ago, had a very specific kind of problem.

That led to his son eventually taking notice of the growing rental crisis.

At some point, coming up with different ideas for solutions turned into a business for him and the company’s other cofounders, developing software to simplify portfolio and property management for landlords and investors.

He had always been entreprene­urial and it was inevitable he would end up heading down that path, Mr Dahlberg said.

Talking to tenants and landlords, it was obvious there needed to be a middle ground, he said.

He was there for the ‘‘long play’’ and there was a lot of interest in what Kitt was doing from outside New Zealand.

The problems it was developing solutions for were ‘‘more or less’’ the same as those experience­d by tenants and landlords in other countries.

Being ‘‘outwardly looking’’ from the start was something the Kitt team had taken quite seriously even before it knew it was going to be a business, he said.

Mr Dahlberg, who has lived in Dunedin since 2015, said he believed there had been more momentum than ever with startups this year.

There was a supportive network for startups in the city and many people did not realise that there were some ‘‘pretty serious players’’ who were all accessible.

Dunedin was like the humble New Zealand culture — except doubled — and it was very much akin to the early Silicon Valley days, which he believed was very attractive.

He cited the Distiller — Startup Dunedin’s shared work space — which gives new entreprene­urs and startup companies access to affordable office space to work out of in their first six to 18 months. There were people there at weekends ‘‘grinding away’’.

 ?? PHOTO: LINDA ROBERTSON ?? Sweet spot . . . Kitt cofounder Aleks Dahlberg believes Dunedin is a great location for startup businesses.
PHOTO: LINDA ROBERTSON Sweet spot . . . Kitt cofounder Aleks Dahlberg believes Dunedin is a great location for startup businesses.

Newspapers in English

Newspapers from New Zealand