Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Flying start for New Zealand entrepreneurs

Media release

26 August 2014

Flying start for New Zealand entrepreneurs

39 entrepreneurs have been selected as regional finalists in the 2014 ANZ Flying Start Business Plan competition and are one step closer to securing a place at the grand final in October.

The competition, run by Business.govt.nz, part of the Ministry of Business, Innovation and Employment, seeks out the best business plan from new or fledgling New Zealand enterprises and helps them put their plans into action.

Kate Garvie, Acting Manager of Business.govt.nz says the judges have had a tough time picking this year as they’ve received so many good quality business plans.

“We have been overwhelmed by the innovative and well-constructed business plans we have received from a wide range of businesses across New Zealand. All three finalists in each of the 13 regions across New Zealand must now submit a more detailed business plan. A second round of judging will then take place and 13 regional winners will be chosen. From these, five will be invited to Wellington to pitch their business to our panel of experts.

“The entrepreneurs who entered but didn’t make it to the regional finals should carry on and stick with their ideas and ambitions to grow their business. The process of creating a business plan will inevitability strengthen their chances of succeeding,” says Kate.

Fred Ohlsson, ANZ's Managing Director, Retail and Business Banking says the quality of this year's entries confirms what our business bankers are seeing in their work with small businesses all over New Zealand: the entrepreneurs of our future see opportunities in the current environment and are ready to fly.

"All the finalists have shown they understand the importance of a strong business plan in getting a successful enterprise off the ground. It's hard not to be excited about seeing them go head to head. The awards will help take the winners to a new level of success, which is also great news for their communities and the economy," says Fred.

Gold sponsor ANZ are again putting up $30,000 in cash for the Supreme winner. The second and third prize winners each receive $5,000 in cash from ANZ, while the competition’s 10 regional winners each receive $1,000 cash from Silver sponsors Ernst & Young, OfficeMax and Xero. Winners will be announced at the grand final in Wellington on 30 October 2014.

View a list of the regional finalists: www.business.govt.nz/business-plan-competition/2014-regional-finalists

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

China Shopping: NZ-China FTA Upgrade Agreed Among Slew Of New Deals

New Zealand Prime Minister Bill English and China Premier Li Keqiang signed off a series of cooperation deals spanning trade, customs, travel and climate change and confirmed commencement of official talks on an upgrade to the nine-year old free-trade agreement between the two countries. More>>

ALSO:


Media: TVNZ Flags Job Cuts To Arrest Profit Decline

Chief executive Kevin Kenrick said the changes were aimed at creating "a sustainable future video content business for TVNZ in an ever-changing media market." More>>

ALSO:

Reserve Bank: Wheeler Keeps OCR At 1.75%

Reserve Bank governor Graeme Wheeler kept the official cash rate unchanged at 1.75 percent, as expected, and reiterated his view that the benchmark rate doesn't need shifting for the foreseeable future. More>>

ALSO:

Trade Plans: Prime Minister's Speech To International Business Forum

"The work to improve public services, build infrastructure, and solve social problems is possible only because we have enjoyed sustained, solid economic growth. A big reason for that is the Government’s consistent agenda of economic reform, and our determination to open up more opportunities for trade with the world." More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news