Waikato Business News January/February 2021
Waikato Business News has for a quarter of a century been the voice of the region’s business community, a business community with a very real commitment to innovation and an ethos of co-operation.
Waikato Business News has for a quarter of a century been the voice of the region’s business community, a business community with a very real commitment to innovation and an ethos of co-operation.
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From the editor<br />
Kia ora.<br />
My favourite story<br />
this month concerns<br />
two unassuming accountants<br />
based in Matamata.<br />
They are definitely not your<br />
stereotypical entrepreneurs,<br />
but the two Julies - Caldwell<br />
and Blackwell - have come<br />
up with a device that can be<br />
transformational for a huge<br />
number of people.<br />
Often it is the eldest daughter<br />
who takes on the lion’s<br />
share of caring for ageing parents.<br />
That can be an exhausting<br />
job, involving daily visits,<br />
often more than one. One of<br />
those eldest daughters, Julie<br />
Caldwell, realised there had to<br />
be a better way for her mother<br />
to stay in touch and stay on top<br />
of her day to day living.<br />
You’d think out there in the<br />
world there would be something<br />
- an easy to use tablet<br />
for older people with cognitive<br />
decline who find iPads and the<br />
likes too difficult. Older people<br />
who could and should still be<br />
living independently, enjoying<br />
interactions with family and<br />
friends.<br />
There isn’t. So the Julies<br />
invented one.<br />
Interviewing them was a<br />
wonderful experience, thanks<br />
to their down to earth approach<br />
and their open-spirited sharing<br />
of the story. No doubt it makes<br />
“There’s a whole bunch of<br />
things happening. It’s that<br />
perfect maelstrom of stimulation.”<br />
a difference that I have my own<br />
experiences of parents getting<br />
older - and, after all, in time<br />
many of us will, whether as the<br />
adult child or as the parent.<br />
Thanks to them, when we<br />
do, the Kitcal could be there<br />
“Why shouldn’t they [older people] have<br />
the same sort of social connections<br />
that we have just because they can’t<br />
work a blasted iPad? I got angry. And<br />
so I came back and I said to Julie,<br />
‘we’re into this!’”<br />
Kitcal founder Julie Caldwell Story, page 8<br />
to help. It’s a stripped-back<br />
tablet that focuses on the key<br />
things to help keep older people<br />
in touch even when they<br />
are experiencing cognitive<br />
decline.<br />
The journey to get there<br />
was a long one. It involved, as<br />
Julie Blackwell told me, asking<br />
lots of questions and putting<br />
their pride on hold.<br />
It was about starting on<br />
page one and just solving<br />
problems as they occurred,<br />
Julie Caldwell said - always<br />
acknowledging there was a<br />
chance they would hit a wall<br />
they couldn’t get past.<br />
Fortunately, that wall never<br />
arrived. I hope you enjoy reading<br />
their remarkable story in<br />
this issue.<br />
Also this month I talked<br />
to an effervescent Englishman<br />
called Rob Vickery, who<br />
WAIKATO BUSINESS NEWS <strong>January</strong>/<strong>February</strong> <strong>2021</strong><br />
is choosing to headquarter<br />
his new venture capital<br />
fund, Hillfarrance, in Hamilton,<br />
with backing from<br />
<strong>Waikato</strong> investors including<br />
Company-X.<br />
A $40 million tech fund<br />
could go a long way for<br />
<strong>Waikato</strong> tech startups, as the<br />
region builds its capacity in<br />
the hugely important sector.<br />
The money is important but<br />
so are the connections, and<br />
to that end Hillfarrance is<br />
also building a good community<br />
of <strong>Waikato</strong> businesses<br />
to help founders fast-track<br />
their products.<br />
It’s all happening in our<br />
region. Welcome back to a<br />
new year.<br />
Ngā mihi nui<br />
Richard Walker<br />
Editor<br />
“ We’re actually working<br />
with some really<br />
incredible people and<br />
all it takes often is<br />
somebody believing in<br />
them.”<br />
Toni-Anne Lee is helping<br />
<strong>Waikato</strong> unemployed<br />
get back into work.<br />
PUBLISHER<br />
Deidre Morris<br />
Ph: (07) 838 1333<br />
Mob: 027 228 8442<br />
Email: deidre@dpmedia.co.nz<br />
EDITOR<br />
Richard Walker<br />
Ph: (07) 838 1333<br />
Mob: 027 814 2914<br />
Email: richard@dpmedia.co.nz<br />
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Kelly Gillespie<br />
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Email: kelly@dpmedia.co.nz<br />
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3<br />
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Rob Vickery on supporting the <strong>Waikato</strong><br />
tech startup scene. Story, page 4<br />
Story, page 6<br />
25 Ward Street, Hamilton<br />
PO Box 1425, Hamilton, 3240.<br />
Ph: (07) 838 1333 | Fax: (07) 838 2807<br />
www.wbn.co.nz<br />
HIGH BUYER DEMAND, LOW INTEREST RATES & RETURNING EXPATS.<br />
NOW IS THE BEST TIME TO SELL. CALL FOR A FREE NO-OBLIGATION APPRAISAL.<br />
Civil Infrastructure EBITDA<br />
$1.5M+<br />
Two <strong>Business</strong>es in One!<br />
EBITDA $350K+<br />
Architecture Services -<br />
Revenue $1.35M+<br />
Sales, Manufacture, Installation<br />
EBPITD $700k p.a<br />
<strong>Waikato</strong> <strong>Waikato</strong><br />
<strong>Waikato</strong> <strong>Waikato</strong><br />
UNDER<br />
OFFER<br />
Based in the Central North Island, this business has<br />
an outstanding reputation in the industry, excellent<br />
service business with immaculate plant and machinery.<br />
One business specialises in lifestyle construction in<br />
residential & commercial backyards, the other business is<br />
complimentary & offers repairs, remodelling & maintenance.<br />
This very impressive architecture and project<br />
management business is very well located with low<br />
occupation costs.<br />
This business comprises of sales, manufacture &<br />
installation of bespoke joinery products of commercial,<br />
industrial, office fit-outs, and much more.<br />
Asking $7,110,000<br />
Asking $929,000<br />
Asking $1,375,000<br />
Asking $1,850,000<br />
Geoff Pridham 027 232 1516<br />
Greg Dunn 027 293 0377<br />
Greg Dunn 027 293 0377<br />
Scott Laurence 027 473 5425<br />
Geoff Pridham 027 232 1516<br />
Ref 32216 Ref 32088<br />
Ref 32160<br />
Graeme Finch 027 495 3413<br />
Rock-It Kitchen - Annual National Agri Sales & Installation Import and Sales - Six-figure Net Property Services<br />
Revenue $900k+ Raglan $300k EBPIDT <strong>Waikato</strong><br />
Income <strong>Waikato</strong> <strong>Waikato</strong><br />
RECENTLY<br />
SOLD<br />
Ref 32121<br />
Rock-It Kitchen, located a short drive from Raglan’s<br />
famous surfing beaches, serves the best coffee and<br />
food on the West Coast.<br />
This established, well known, relocatable business,<br />
provides new technology, innovative solutions and<br />
products to agricultural clients across NZ.<br />
This business imports and supplies products to<br />
businesses within the horticultural sector providing<br />
a six-figure net income to the current owners.<br />
This property management business is perfect for<br />
a working owner(s) seeking the flexibility of selfemployment<br />
and the <strong>Waikato</strong> lifestyle.<br />
Asking $460,000 +<br />
SAV $5,000<br />
Craig Paul 021 786 496<br />
Price on Application $465,000 + stock $200,000 $750,000<br />
Tony Begbie 029 200 6515 Scott Laurence 027 473 5425<br />
Tony Begbie 029 200 6515<br />
Ref 32093 Ref 32096 Ref 32209 Ref 32049<br />
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