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

 

BusinessDesk: APN's NZME Sees Future In Paywalls, Growth In Digital Sales

APN News & Media has touted a single newsroom concept for its NZME unit in New Zealand, similar to what Germany's Die Welt uses, saying an 'integrated sales proposition' is helping it win market share, including ... More>>

Labour Party: Global Milk Prices Now Lowest In 6 Years

The latest fall in the global dairy price has brought it to the lowest level in six years and shows there must be meaningful action in tomorrow’s Budget to diversify the economy, says Labour’s Finance spokesperson Grant Robertson. “Dairy prices ... More>>

BusinessDesk: NZ Inflation Expectations Creep Higher In June Survey

May 19 (BusinessDesk) - New Zealand businesses lifted their expectations for inflation over the next two years, sapping any immediate pressure on the Reserve Bank to cut interest rates, and prompting the kiwi dollar to jump higher. More>>

BusinessDesk: Lower Fuel Costs Drive Down NZ Producer Input, Output Prices

May 19 - Producer input and output prices fell in the first quarter, mainly reflecting lower fuel costs and weakness in prices of meat and dairy products. More>>

Media: Fairfax Media NZ Announces Senior Editorial Team

Fairfax Media New Zealand has today confirmed its new editorial leadership team, as part of a transformation of its newsrooms aimed at enhancing local and national journalism across digital and print. More>>

Science: Flavonoids Reduce Cold And Cough Risk

Flavonoids reduce cold and cough risk Research from the University of Auckland shows eating flavonoids – found in green tea, apples, blueberries, cocoa, red wine and onions – can significantly reduce the risk of catching colds and coughs. The research, ... More>>


BusinessDesk: RBNZ House Alert Speech The Catalyst For Government Action

Prime Minister John Key all but conceded that pressure from the Reserve Bank of New Zealand for concerted action on rampant Auckland house prices was one of the main catalysts for the government's weekend announcements about tightly ... More>>

BusinessDesk: How To Fall Foul Of The New Housing Tax Rules: Tips From IRD

Just because you rented out your investment property doesn't absolve you from paying tax, says the Inland Revenue Department in a summary of commonly made mistakes by non-professional property investors when it comes to their tax liability.More>>

Legal: Superdiversity Law, Policy And Business Stocktake Announced

Mai Chen, Managing Partner at Chen Palmer New Zealand Public and Employment Law Specialists and Adjunct Professor of Law at the University of Auckland, today announced the establishment ... More>>

Housing: More House Price Gains Expected

House price expectations remain high, with a net 56% of respondents expecting house prices will increase. Fears of higher interest rates are fading, consistent with the RBNZ’s signals this year. Affordability and a lack of houses for ... More>>

TDDA: State-Of-The-Art Drug Testing Laboratory To Open In Auckland

World leading drug testing agencies, The Drug Detection Agency (TDDA) and Omega Laboratories, open New Zealand laboratory More>>

Network: Bigpipe Launches Ultra-Fast Broadband Into Wellington

Bigpipe Launches Ultra-Fast Broadband into Wellington Naked broadband provider Bigpipe has extended its national reach, announcing today, the launch of its unlimited UFB offering into Wellington. The Spark Venture business is giving Wellingtonians the ... More>>

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news