The ODT reports today yesterday:
Dunedin-based technology company PocketSmith is one of six finalists in the BNZ Start-Up Alley competition.
The competition is to help grow New Zealand’s web and technology start-up businesses.
Pocketsmith has a competitive personal finance management tool that allows users to track their expenses.
Pocketsmith is part of the University of Otago’s Centre for Innovation Distiller community.
I first visited Pocketsmith at the Distiller about two year’s ago. They were starting to make an impact then. The Distiller is a group of people (they call themselves technopreneurs) who work on their own projects, but work co-operatively and sometimes collaborate. They share space, ideas out of their creative enviroment comes great ideas. They call it social entrepeneurship.
NBR wrote about them mid last year;
PocketSmith co-founder Jason Leong told NBR his company’s success was all down to the power of open source development, the software-as-a-service (or SaaS) model for delivering your product over the internet, and the viral power of social networking and professional community sites.
Read more about how they have become a success story here.
Good on them.