We're a group of passionate and enthusiastic Dunedin business leaders, entrepreneurs and mentors. We're here to facilitate meetings and introductions, and offer guidance to all of the exciting, forward-thinking startup companies in our city.
How we manage conflict of interest
Internal protocol process;
Board members update the Board secretary of companies they own shares in
The board maintains a register of interests that appears as part of each month’s board papers. This information is publicly available on the NZ Companies Office.
Board members will first disclose intentions to invest in Dunedin based startups which they have, in the first instance, became aware of via their involvement as a Startup Dunedin board member, to the Startup Dunedin board.
The Startup Dunedin board will ensure that the investment opportunity is able to be classed as “public knowledge” within the investment community of Dunedin.
The definition of “public knowledge” within the investment community is that the company in question can be categorised as having done any one, or more, of the following;
Has been involved or attended local startup events that are been open to the public. Therefore, the company and their founders have been available for networking opportunities by any member of the public who chooses to make the effort to network with them.
Has had media articles written about them.
Has circulated their investment deck within the local investment community and/or angel investment groups.
Board members follow this protocol in the event they wish to make direct investments in local startups.