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Edmund Hillary Fellowship Big Boost for Offcut
Edmund Hillary Fellowship Big Boost for Offcut
FOR IMMEDIATE RELEASE: 12 of July 2017
New Zealand cap
company Offcut is delighted to announce its co-founder Dr
Dan Price has been chosen as one of 30 entrepreneurs in the
inaugural Edmund Hillary Fellowship programme.
The
programme gives fellows access to the new Global Impact
Visa, described as “the most entrepreneur-friendly” visa
in the world.
More than 300 candidates applied for
the fellowship from more than 50 countries. At the
conclusion of the 3-year programme, fellows have the
opportunity to apply for New Zealand residency.
Price says he’s “humbled” to become a
fellow.
“As a mountaineer myself, Sir Ed is someone
I’ve always looked up to. So to join the very first cohort
for this programme in his name is a huge honour.
“The fellowship is unique in its impact-driven
approach to foster businesses that make the world a better
place and this is perfectly aligned with what we are doing
at Offcut.”
Offcut handmakes caps in New Zealand
from fabrics destined for landfill and sells them online
worldwide. The company, founded in December 2015, plants a
native New Zealand tree with every cap sold.
Price, a
British-born 29-year-old, has lived in New Zealand for five
years. He completed a PhD in glaciology at the University of
Canterbury in 2014 and undertook three fieldwork research
campaigns in Antarctica.
He joined Offcut co-founder
Adrien Taylor last year as the company enters an ambitious
growth phase which includes plans to open a series A
investment round later this year.
“We’re already
in early talks with potential investors, including one of
the world’s leading sustainable fashion businesswomen.
“The fellowship will give Offcut access to some of New
Zealand and the world’s top purpose-driven entrepreneurs
and investors. It’s a huge opportunity to learn from the
very best and gain access to capital markets we’re looking
to tap into,” Price says.
ENDS
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