Te Papa's new innovation hub recently launched on April 20th, with its first "class" of 40 entrepreneurs beginning in August this year.  Te Papa will take a 6% equity stake in each company and in exchange residents will receive $20,000 and spend four months in the space intensively developing their innovations.  There is also the potential for the museum to directly purchase innovations if it is decided that they meet the museums needs, similar to the Coke Founders Platform.  Check out the full story here.