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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 />

PRODUCTION MANAGER<br />

Kelly Gillespie<br />

Ph: (07) 838 1333<br />

Email: kelly@dpmedia.co.nz<br />

Graphic designer<br />

Olivia McGovern<br />

Ph: (07) 838 1333<br />

Email: olivia@dpmedia.co.nz<br />

ADVERTISING INQUIRIES<br />

Please contact:<br />

ADVERTISING ACCOUNT<br />

MANAGERS<br />

Joanne Poole<br />

Ph: (07) 838 1333<br />

Mob: (021) 507 991<br />

Email: joanne@dpmedia.co.nz<br />

3<br />

ELECTRONIC FORWARDING<br />

EDITORIAL:<br />

<strong>News</strong> releases/Photos/Letters:<br />

richard@dpmedia.co.nz<br />

PRODUCTION:<br />

Copy/Proofs:<br />

production@dpmedia.co.nz<br />

SUBSCRIPTIONS:<br />

accounts@dpmedia.co.nz<br />

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 />

NORTHLAND | AUCKLAND | WAIKATO | BAY OF PLENTY | ROTORUA-TAUPO | HAWKES BAY | MANAWATU | WELLINGTON | NELSON | CANTERBURY | QUEENSTOWN | OTAGO<br />

Licensed REAA 2008

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