LIFEHACK Labs Vs. Accelerators & Incubators

Many young Kiwis have told us that they want the opportunity to take action to improve wellbeing for friends & whanau.

Over 75% of the people we spoke to said they would make space in their life if they were given the opportunity to do something truly impactful.

So we created LIFEHACK Labs.

As this is Aotearoa New Zealand’s first ever social innovation lab, we put together this cheat sheet to give you a run down of what LIFEHACK Labs is all about.

Quite a few people have asked us how LIFEHACK Labs is different from Accelerator and Incubator programs, so we started with a quick side-by-side comparison. Accelerators & Incubators are important parts of the “support ecosystem”, but LIFEHACK Labs – as you will see – is quite different.

Currently there is also a new breed of accelerators and incubators launching, such as LaunchPad from our friends at Ākina Foundation which seek to find and support a blended social & financial return. For the purposes of the below, we’ve compared to business accelerators & incubators.

We’re excited to be able to provide this opportunity which may well produce teams with solid product/service ideas which would benefit from accelerator or incubator services once they have attended Labs.

If you have any questions, leave us a comment or get in touch – we’d love to hear from you!