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

 

Scoop Business: RBNZ Keeps OCR At 3.5%, Signals Slower Pace Of Future Hikes

Reserve Bank governor Graeme Wheeler kept the official cash rate at 3.5 percent and signalled he won’t be as aggressive with future rate hikes as previously thought as inflation remains tamer than expected. The kiwi dollar fell to a seven-month low. More>>

ALSO:

Weather: Dry Spells Take Hold In South Island

Many areas in the South Island are tracking towards record dry spells as relatively warm, dry weather that began in mid-August continues... for some South Island places, the current period of fine weather is quite rare. More>>

ALSO:

Scoop Business: Productivity Commission To Look At Housing Land Supply

The Productivity Commission is to expand on its housing affordability report with an investigation into improving land supply and development capacity, particularly in areas with strong population growth. More>>

ALSO:

Forestry: Man Charged After 2013 Death

Levin Police have arrested and charged a man with manslaughter in relation to the death of Lincoln Kidd who was killed during a tree felling operation on 19 December 2013. More>>

ALSO:

Smells Like Justice: Dairy Company Fined Over Odour

Dairy company fined over odour Dairy supply company Open Country Dairy Limited has been convicted and fined more than $35,000 for discharging objectionable odour from its Waharoa factory at the time of last year’s ”spring flush” when milk supply was high. More>>

Scoop Business: Dairy Product Prices Decline To Lowest Since July 2012

Dairy product prices dropped to the lowest level since July 2012 in the latest GlobalDairyTrade auction, led by a slump in rennet casein and butter milk powder. More>>

ALSO:

SOE Results: TVNZ Lifts Annual Profit 25% On Flat Ad Revenue, Quits Igloo

Television New Zealand, the state-owned broadcaster, lifted annual profit 25 percent, ahead of forecast and despite a dip in advertising revenue, while quitting its stake in the pay-TV Igloo joint venture with Sky Network Television. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news