ATEED supported us by organising funding and expertise so we could implement our business plan.
- Mike Hannah
co-owner of Stormwater360
Stormwater360 has been manufacturing the Enviropod® under licence in Australia for some time and will now be exporting the LittaTrap™ across the Tasman. Over the years the company has sold more than 20,000 Enviropods® in Australia, and in New Zealand through resellers Hynds Pipe Systems and Humes Pipeline Systems.
Hannah says five to 10 per cent of the turnover has gone into research and development each year and ``now we have to convert the new technology, such as LittaTrap™ and Filterra, into growing our exports.’’
ATEED has worked closely with Stormwater360 and helped the company create a plan for exporting and growth. ATEED facilitated NZTE vouchers to fund business coaches who worked with Stormwater360 on strategic planning, export market entry and expansion, and governance and finance issues.
ATEED also facilitated Callaghan Innovation R&D funding which included Stormwater360 hiring a PhD student to complete research into the commercialisation of Engineered Bioretention Media. The research was invaluable and the graduate is now working full-time at Stormwater360.
"ATEED supported us by organising funding and expertise so we could implement our business plan,’’ says Hannah. "In 2011 we drew up a five-year plan and at the end of it we had gone a long way there with new products and partnerships. We have acted on every opportunity we identified.
"We are hiring a general manager and then we will be striking out on the next five-year plan. We will be pushing out to the corporates and working with schools to promote our technology such as the LittaTrap™. We are passionate about making people more environmentally aware and keeping the water clean,’’ says Hannah.