The incubator is based at the University of Canterbury (UC) and Lincoln University in New Zealand.

New Zealand-based business incubator PowerHouse wants to create 50 multimillion-dollar international companies in its local Christchurch region by 2020. The incubator is based at the University of Canterbury (UC) and Lincoln University. PowerHouse has helped raise $3.1m over the past year to create five start-ups, such as Invert Robotics, from the universities, which employ graduates…

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