St Thomas of Canterbury College win MOVAC High Growth Award

St Thomas students with Movac Partner Mark Vivian

St Thomas students with Movac Partner Mark Vivian

I recently had the pleasure of sharing a table with the winners of the Young Enterprise Trust (“YET”) High Growth Award along with MOVAC Partners Sharon Weaver and Mark Vivian.  MOVAC has been a proud sponsor of the programme for the past 5 years.  YET run an outstanding programme in secondary schools throughout New Zealand that exposes students to the possibility of creating and running a business.  Something that MOVAC and our investors are pretty passionate about.

Young Enterprise Trust is a charitable trust whose vision is to grow a more prosperous New Zealand through enterprise.  We see our purpose as a not for profit is to inspireeducate and transformstudents through enterprise experience.

Testing the Lion

Testing the Lion

This years winners of our award were from St Thomas of Canterbury College who founded a venture called A.C.E. – Advanced Clean Energies.  I was floored by the imagination, creativity and execution of this group of 16 and 17 year olds and what they’d managed to achieve in under 9 months.  Their inspiration came from the Christchurch earthquakes and a need to generate electricity when the power went down.  The product they created they call Lion.  Lion is a recharger that generates electricity from the heat differential between two plates.  Essentially it’s a pot lid that generates electricity from boiling water!  It generates enough to put a partial charge back on your cell phone.  Brilliant!

They have sold a number of these throughout New Zealand and have also commenced discussions to trial a modified version of the product with a village in Arusha, Tanzania, working through Edmund Rice School.  You can read more about ACE here:

MOVAC is indebted to its Fund 2 investment group who have underwritten our sponsorship of YET over the last 4 years.

New Zealand Red Cross Givealittle Challenge

The human tragedy and suffering unfolding from the Australian Bushfires is immense.  If you’ve found this post then follow the link to www.givealittle.co.nz/campaign/movac and help us help our neighbours.

Angel Philanthropy

Late last year i was having a catch-up with Dave Moskovitz, the brains behind NZAngels amongst other things, and we were discussing angel philanthropy and he challenged me to start blogging on the subject.  At the time i thought OK and i headed back to the office ready to break out into print.  Half an hour later i figured out this wasn’t going to be a 10 minute blog post.  So the New Year’s trucked in and i thought i’d give it another go.  I will write here in a series about a personal journey into the unknown.  Philanthropy is a subject that i am an absolute babe in arms and something i’m only just starting to explore in any depth in 2009.

That said, 2009 is going to be one gigantic challenge for the charitable sector in New Zealand, with all the major Foundations starting to report material reductions in the amount of cash they have available to give….such is the reality of the financial recession we are now in.  So now more than ever there is a need for us all to stand up and be counted – for those who aren’t active, to make the time and money available and get engaged and see whether we can help fill the breach.

The greatest challenge i’ve faced personally in trying to engage with philanthropy has been to understand FIRST “WHAT DO I BELEIVE IN” and SECOND to then find those causes (amongst the squelions out there) that are THE MOST EFFECTIVE and MOST SUSTAINABLE in achieving those goals.  Both parts of this equation are not easily answered and i’m only just starting to scratch the service of these questions.

What i know so far is that all Angel Philanthropists are different and the choices they make are deeply personal and influenced by their upbringing and experience.  One thing though that does seem to be a constant is they all want to know that THEIR MONEY IS BEING WELL SPENT, and that the organisations they give to CAN MEASURE THEIR PERFORMANCE and REPORT ON PROGRESS.  This simply reflects the backgrounds of Angels – they’re successful business people, they demand high standards, and expect outcomes.  That’s a good thing and something not a lot of charities yet get.

But i’m dodging…the question i posed above was “WHAT DO I BELEIVE IN?”.  So here’s a macro view and then let’s try to break that down…I’m privileged to be in a unique position to be able to MAKE A CONTRIBUTION and haopefully MAKE A DIFFERENCE….SO WHAT?  Well, for me charity begins at home, i’d like to contribute to “MAKING NEW ZEALAND THE BEST PLACE IN THE WORLD TO LIVE AND RAISE FAMILIES”  When i put that out there i’ve got some concerns around:

  • social dislocation in parts of New Zealand
  • the seeming break-down of family values and family support systems
  • the unsustainable way that we’ve chosen to live
  • the impact of the recession on people and families who lose employment

So my personal journey around Angel Philanthropy is going to be find ways to contribute to organisations and projects that make progress in addressing these issues. As i said at the start, i’m a babe in arms on this subject, this blog post is me stepping up to the….start line.

PLEASE all advice, comment most welcome.

Givealittle set to change giving in New Zealand

GiveALittleGivealittle has launched with plans to change behaviour and attitudes to giving in New Zealand by offering a new way for everyday donors and business givers to engage with charity and the non-profit community online.

Givealittle.co.nz is an online marketplace where those doing great things for the community can attract givers of time and money as well as build a network of supporters for their community-good initiative.

International research suggests that up to one third of all giving will be made online by 2010. Givealittle is part of an international movement to harness the potential of the web for social good.

Any non-profit, charity, school, community group or individual working towards the greater good is welcome to register at Givealittle.co.nz. There is a wide range of projects that givers can support directly, ranging from some of New Zealand’s most well-known charities to small innovative individual projects.

Chief Executive Nathalie Hofsteede says Givealittle.co.nz has been set up to normalise giving time and money in New Zealand and lower the cost of fundraising for New Zealand’s non-profits and community groups.

Founded by Ms Hofsteede with investment partners Movac, Givealittle.co.nz offers a sustainable and cost effective platform for the New Zealand community and non-profit sector.

Based on 18 months of research, consultation and development, Givealittle.co.nz is set to change the way we think about giving in New Zealand.

“I started Givealittle.co.nz to address some of the common concerns we were hearing from the public around existing methods of giving.

“Everyday we are bombarded with requests to give. We are asked to give into a white bucket on the street, put money in the post, view a TV advert then call a 0900 number. I think everyone’s favourite has to be the phone call at dinner time. What we were hearing from people was an absence of the good feeling that we should have when we give.

“Givealittle.co.nz is an online home for everyone. You can find something you care about and get involved easily. You can also be assured that what you are giving is going directly to the people and projects that you want to support,” says Ms Hofsteede.

“Through the web we can build a community of New Zealanders to share in the great results that can be achieved when many people give a little. “

Another important driver behind Givealittle.co.nz is to protect the personal information and privacy of donors.

“During our research many people indicated they felt fatigued by the continued requests to give after they donate, or that their personal details were being sold as part of donor databases.” Ms Hofsteede says.

Givealittle.co.nz vigilantly protects member privacy and information, whilst retaining the option to receive feedback and communication as a donor after you have given.

Stephen Tindall discusses Seed Investment, Philanthropy and Sustainability

I stumbled on this interview today, hosted by Paul Callaghan of The MacDiarmid Institute with Stephen Tindall.  In this interview Stephen discusses a range of topics including his passion for early stage investment, his work in philanthropy and sustainability.  Much of what he has to say resonates personally with me.

Enjoy…(FYI: set aside 20 minutes, to get through it)

Click here.

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