New Zealand's very own D'Arcy Polychrome has been named one of three champions at the inaugural StartmeupHK Venture Programme in Hong Kong.
D'Arcy Polychrome, Hanson Robotics and Wifinity beat nine other finalists to win the Grand Awards, taking away prizes worth around HK$2 million in the form of professional services and work space for one year provided by eight corporate sponsors.
D'Arcy Polychrome is in the business of paint - specifically, it produces dry colour pigments that can be mixed into regular base paints at point of use or point of sale, giving its customers more flexibility.
“People have this eureka moment when they see what the product can do. It’s the simplicity of it – the fact of just changing the form of a product, you can completely change the way you sell it, who can sell it and how it can be distributed," Lacy says.
D’Arcy Polychrome has a own dedicated laboratory and pilot plant in Parnell. Investors in D’Arcy Polychrome include science and technology investment firm, Pacific Channel; the New Zealand Investment Fund; the Auckland based ICE Angels and Wellington based ANGELHQ.
The StartmeupHK Venture Programme is put on by InvestHK, and drew 384 applications from 39 countries earlier this year.
Photo: InvestHK on Flickr