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

 

Sky City : Auckland Convention Centre Cost Jumps By A Fifth

SkyCity Entertainment Group, the casino and hotel operator, is in talks with the government on how to fund the increased cost of as much as $130 million to build an international convention centre in downtown Auckland, with further gambling concessions ruled out. The Auckland-based company has increased its estimate to build the centre to between $470 million and $530 million as the construction boom across the country drives up building costs and design changes add to the bill.
More>>

ALSO:

RMTU: Mediation Between Lyttelton Port And Union Fails

The Rail and Maritime Union (RMTU) has opted to continue its overtime ban indefinitely after mediation with the Lyttelton Port of Christchurch (LPC) failed to progress collective bargaining. More>>

Earlier:

Science Policy: Callaghan, NSC Funding Knocked In Submissions

Callaghan Innovation, which was last year allocated a budget of $566 million over four years to dish out research and development grants, and the National Science Challenges attracted criticism in submissions on the government’s draft national statement of science investment, with science funding largely seen as too fragmented. More>>

ALSO:

Scoop Business: Spark, Voda And Telstra To Lay New Trans-Tasman Cable

Spark New Zealand and Vodafone, New Zealand’s two dominant telecommunications providers, in partnership with Australian provider Telstra, will spend US$70 million building a trans-Tasman submarine cable to bolster broadband traffic between the neighbouring countries and the rest of the world. More>>

ALSO:

More:

Statistics: Current Account Deficit Widens

New Zealand's annual current account deficit was $6.1 billion (2.6 percent of GDP) for the year ended September 2014. This compares with a deficit of $5.8 billion (2.5 percent of GDP) for the year ended June 2014. More>>

ALSO:

Still In The Red: NZ Govt Shunts Out Surplus To 2016

The New Zealand government has pushed out its targeted return to surplus for a year as falling dairy prices and a low inflation environment has kept a lid on its rising tax take, but is still dangling a possible tax cut in 2017, the next election year and promising to try and achieve the surplus pledge on which it campaigned for election in September. More>>

ALSO:

Job Insecurity: Time For Jobs That Count In The Meat Industry

“Meat Workers face it all”, says Graham Cooke, Meat Workers Union National Secretary. “Seasonal work, dangerous jobs, casual and zero hours contracts, and increasing pressure on workers to join non-union individual agreements. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news