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Under-served to undeniable: here are NZ's greatest untapped assets

Under-served to undeniable: here are NZ's greatest untapped assets

At the 2025 NZ Hi-Tech Awards are 2023 First Foundation Scholars Corbin Paterson, Liam Aumareva and Alista Mafileo with Sarah Ramsay (far left) and Amber Taylor (far right), of the NZ Hi-Tech Trust. Photo: supplied
Recently I emceed a panel discussion about the work the NZ Hi-Tech Trust is doing with the First Foundation — providing scholarships to underprivileged kids.
As I was preparing, I became aware that the narrative of all the work I've done with not-for-profits and charities has been to ask for donations, sponsorship and grants — in order to support a "good cause".
But the narrative doesn't fit this time, because these kids aren't a cause. The more I've worked with the trust, the more I've come to realise they are an incredible asset to our companies and New Zealand's socioeconomic wellbeing.
To be a First Foundation Scholar, applicants must meet the low household income threshold of less than $60,000 per annum and be the first in their families to go on to tertiary study. They also need to be exemplar students.
Last year, the foundation awarded 90 scholarships, out of over 700 applicants.
I have come across scholars whose families have experienced periods of homelessness, who have parents that can't work due to illness and have to work part-time to support them, who have developed their own personal tools to manage dyslexia and ADHD. There have also been the truly awful stories of kids who have been neglected, abandoned and even living in their cars.
And they're scholar recipients — which means they are also achieving excellences and merits, they're head boys and girls and they're already volunteering with community groups and mentoring other students.
Honestly, these kids sparkle like Christmas trees with the amount of badges they have hanging off their blazers. Plus, to manage all that, they have already honed their executive function skills at 16, more than many of us will ever have.
Because of their real world experiences, they're deeply rooted in their communities. Ask any of them what they want to do with their lives and it will involve giving back. They feel responsible for doing well, modelling this for their younger siblings, wider whanau and communities.
I haven't met one student yet who hasn't said they want to make the world a better place and they want to stay in New Zealand.
Now, in the context of the hi-tech industry, we are short on talent. Immigration settings haven't fixed it and our graduates are heading overseas. Doesn't it seem insane that we have these incredible future leaders here in our communities and we aren't tapping into them?
This is a systemic issue in our society. So many students simply don't know what the opportunities are and unless they get picked up by a great school counsellor, teacher or mentor, they will likely never realise their potential.
The scholars I've met are the lucky ones, but luck isn't a strategy.
There is no point in everyone scrambling for the summer interns and top graduates if we aren't getting these kids into the funnel in the first place.
We need to do better, we need to start earlier and we need to be targeted.
Because I like real examples, take the story of one of our cadets at United Machinists.
He came through the SOREC Engineering Academy programme from his high school for a year every Wednesday and is an absolute pleasure to have on the team.
So I was surprised when the polytechnic said they couldn't accept him into our bachelor of applied engineering technology scholarship — they asked if I'd reviewed his academic record before making the offer.
He hadn't done the necessary physics or maths papers, subject selections that were made a couple of years before and had absolutely no context at the time.
I said: "Why would I look at his academic transcript, it's irrelevant — he's picked up the laser engraver, robot and 3-D printing. He can interpret a high-precision machine drawing, which means he understands microns and basic trigonometry, and he is undertaking inspections using a co-ordinate measuring machine to tolerances sub 10 micron. I can see what he can do, I don't need a piece of paper to tell me that, he's just never had anything that really floats his boat to apply the physics and maths to."
The polytechnic came to the party, we got him in to a bridging maths and physics course, and he's on his way to his degree.
This could have been a really different outcome, had it not been for our cadet programme. It's a great example of how our education system is letting us down.
So my challenge to anyone that this has struck a note with is to get involved, think long-term and start building a 10-plus-year talent funnel that gives more of these kids a chance to participate.
There are some incredible programmes you can get involved in. Here are just a few:
First Foundation: Provides scholarships, mentoring and paid work experience to support academically promising students from low-income backgrounds;
House of Science: Supplies science resource kits and teacher support to primary and intermediate schools;
The Wonder Project: Run by Engineering New Zealand, delivers STEM education programmes in schools;
I Have a Dream: Offers long-term mentoring and academic support to students in low-income communities;
Inspiring the Future: Connects schools with volunteer speakers from diverse careers to help students learn about job pathways;
Youth Employment Success (YES): Connects young job seekers with local employers who offer free employment-based opportunities.
• Sarah Ramsay is chief executive of United Machinists.

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Projectworks secures NZD $25 million in funding to drive global growth
Projectworks secures NZD $25 million in funding to drive global growth

Techday NZ

time09-06-2025

  • Techday NZ

Projectworks secures NZD $25 million in funding to drive global growth

Projectworks has closed its Series A funding round at NZD $25 million, securing investment from US fintech investor Ten Coves alongside existing shareholders. The latest funding boost takes the Wellington-founded software firm's total capital raised to more than NZD $33 million. The Series A round, which the company describes as one of the largest of its kind for a New Zealand technology business in recent years, included continued participation from Bridgewest Group and Punakaiki Fund. The investment coincides with Projectworks being awarded Hi-Tech Emerging Company of the Year at the 2025 Hi-Tech Awards. The company has also recently been recognised in the Deloitte Fast50 and the Inc. 5000 list, underscoring its growth trajectory. Strategic investment Ten Coves Managing Partner, Steve Piaker, has joined the Projectworks board as part of the investment. Piaker emphasised the shifts occurring in the global consulting market, particularly as smaller, specialist firms gain ground through technology adoption. "It's a good time to challenge the status quo," said Steve Piaker, Managing Partner, Ten Coves Capital. "With the latest advances in project intelligence, specialists with lean teams and deep experience can go toe-to-toe with larger firms — and win. Projectworks is the first end-to-end solution built for consultants from the ground up. It breaks down silos that get in the way of growth, and gives firms the tools to bid for and manage projects from a position of strength. . Having backed Mark Orttung when he served as president of BILL, we are thrilled to reunite with him and support his team as they break new ground in the professional services automation space." The funds are earmarked for expanding product development, customer success and go-to-market teams. In particular, Projectworks will focus on integrating generative artificial intelligence tools, such as automated time tracking and proposal generation, into its platform. The company expects to increase its headcount by approximately 50% in the coming year. Leadership changes Mark Orttung, who was appointed Chief Executive Officer in 2024, has headed an acceleration of Projectworks' expansion, especially in North America, since taking up the post. Orttung previously held senior positions including President and Chief Operating Officer of BILL and CEO of Nexient, which was acquired by NTT Data in 2021. Orttung said the new funding and recognition highlighted a shift in the consulting services industry, where firms face mounting pressures and must find efficiencies in their project management. "Great consulting firms spend all their time on clients. That doesn't leave any time to manage their own firms. Specialists are solving some of the world's hardest and most important problems, yet they often shortchange key areas like resource planning, project and firm profitability, time sheets, time off/expense management, and invoicing. If you don't nail the basics, nothing else matters. You can't scale. You can't make a profit. And most importantly, you can't serve your clients, employees, or shareholders. That's what makes Projectworks so special. We automate the routine so firms can focus on what really matters—profitable, meaningful, impactful work." Orttung added: "Projectworks is now a truly global company, but we retain our Kiwi attitude. We listen, we innovate, we deliver. We eliminate project chaos and help our clients focus on work that makes a real difference in people's lives. We are growing at a spectacular rate as a result." Recognition and growth Projectworks' growth was praised by the Hi-Tech Award judges, who commented on the company's strong reputation among over 600 consulting clients in more than 50 countries. The judges remarked, "Projectworks has carved out a clear niche in the professional services world, building a smart, practical software platform that grew from solving internal pain points of their own consulting business, to supporting over 600 consultancies in more than 50 countries." The panel further stated, "Projectworks is a stand-out example of how a New Zealand company can quietly and successfully go global by focusing on what services firms actually need. They've executed well and built a solid pipeline of innovation for future growth." Co-founder and Chief Product Officer Matt Hayter attributed the achievement to the dedication of the team and the confidence shown by early supporters. "We're here today because of the people who believed in us from the start. 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Under-served to undeniable: here are NZ's greatest untapped assets
Under-served to undeniable: here are NZ's greatest untapped assets

Otago Daily Times

time27-05-2025

  • Otago Daily Times

Under-served to undeniable: here are NZ's greatest untapped assets

At the 2025 NZ Hi-Tech Awards are 2023 First Foundation Scholars Corbin Paterson, Liam Aumareva and Alista Mafileo with Sarah Ramsay (far left) and Amber Taylor (far right), of the NZ Hi-Tech Trust. Photo: supplied Recently I emceed a panel discussion about the work the NZ Hi-Tech Trust is doing with the First Foundation — providing scholarships to underprivileged kids. As I was preparing, I became aware that the narrative of all the work I've done with not-for-profits and charities has been to ask for donations, sponsorship and grants — in order to support a "good cause". But the narrative doesn't fit this time, because these kids aren't a cause. The more I've worked with the trust, the more I've come to realise they are an incredible asset to our companies and New Zealand's socioeconomic wellbeing. To be a First Foundation Scholar, applicants must meet the low household income threshold of less than $60,000 per annum and be the first in their families to go on to tertiary study. They also need to be exemplar students. Last year, the foundation awarded 90 scholarships, out of over 700 applicants. I have come across scholars whose families have experienced periods of homelessness, who have parents that can't work due to illness and have to work part-time to support them, who have developed their own personal tools to manage dyslexia and ADHD. There have also been the truly awful stories of kids who have been neglected, abandoned and even living in their cars. And they're scholar recipients — which means they are also achieving excellences and merits, they're head boys and girls and they're already volunteering with community groups and mentoring other students. Honestly, these kids sparkle like Christmas trees with the amount of badges they have hanging off their blazers. Plus, to manage all that, they have already honed their executive function skills at 16, more than many of us will ever have. Because of their real world experiences, they're deeply rooted in their communities. Ask any of them what they want to do with their lives and it will involve giving back. They feel responsible for doing well, modelling this for their younger siblings, wider whanau and communities. I haven't met one student yet who hasn't said they want to make the world a better place and they want to stay in New Zealand. Now, in the context of the hi-tech industry, we are short on talent. Immigration settings haven't fixed it and our graduates are heading overseas. Doesn't it seem insane that we have these incredible future leaders here in our communities and we aren't tapping into them? This is a systemic issue in our society. So many students simply don't know what the opportunities are and unless they get picked up by a great school counsellor, teacher or mentor, they will likely never realise their potential. The scholars I've met are the lucky ones, but luck isn't a strategy. There is no point in everyone scrambling for the summer interns and top graduates if we aren't getting these kids into the funnel in the first place. We need to do better, we need to start earlier and we need to be targeted. Because I like real examples, take the story of one of our cadets at United Machinists. He came through the SOREC Engineering Academy programme from his high school for a year every Wednesday and is an absolute pleasure to have on the team. So I was surprised when the polytechnic said they couldn't accept him into our bachelor of applied engineering technology scholarship — they asked if I'd reviewed his academic record before making the offer. He hadn't done the necessary physics or maths papers, subject selections that were made a couple of years before and had absolutely no context at the time. I said: "Why would I look at his academic transcript, it's irrelevant — he's picked up the laser engraver, robot and 3-D printing. He can interpret a high-precision machine drawing, which means he understands microns and basic trigonometry, and he is undertaking inspections using a co-ordinate measuring machine to tolerances sub 10 micron. I can see what he can do, I don't need a piece of paper to tell me that, he's just never had anything that really floats his boat to apply the physics and maths to." The polytechnic came to the party, we got him in to a bridging maths and physics course, and he's on his way to his degree. This could have been a really different outcome, had it not been for our cadet programme. It's a great example of how our education system is letting us down. So my challenge to anyone that this has struck a note with is to get involved, think long-term and start building a 10-plus-year talent funnel that gives more of these kids a chance to participate. There are some incredible programmes you can get involved in. Here are just a few: First Foundation: Provides scholarships, mentoring and paid work experience to support academically promising students from low-income backgrounds; House of Science: Supplies science resource kits and teacher support to primary and intermediate schools; The Wonder Project: Run by Engineering New Zealand, delivers STEM education programmes in schools; I Have a Dream: Offers long-term mentoring and academic support to students in low-income communities; Inspiring the Future: Connects schools with volunteer speakers from diverse careers to help students learn about job pathways; Youth Employment Success (YES): Connects young job seekers with local employers who offer free employment-based opportunities. • Sarah Ramsay is chief executive of United Machinists.

SYOS Aerospace celebrates top honour at 2025 NZ Hi-Tech Awards
SYOS Aerospace celebrates top honour at 2025 NZ Hi-Tech Awards

Techday NZ

time25-05-2025

  • Techday NZ

SYOS Aerospace celebrates top honour at 2025 NZ Hi-Tech Awards

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