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

 

Auckland Transport: Successful Bridge Repair Opens Two Additional Lanes To Traffic

The opening of two additional lanes on the Auckland Harbour Bridge this morning will help relieve some motorway congestion for motorists heading home to the North Shore tonight. More>>

ALSO:

Statistics New Zealand: COVID-19 Sees Record 12.2 Percent Fall In New Zealand’s Economy

Gross domestic product (GDP) fell by 12.2 percent in the June 2020 quarter, the largest quarterly fall recorded since the current series began in 1987, as the COVID-19 restrictions in place through the quarter impacted economic activity, Stats NZ said ... More>>

ALSO:

Climate: Scientists Release ‘Blueprint’ To Save Critical Ecosystems And Stabilize The Earth’s Climate

A group of scientists and experts produced the first comprehensive global-scale analysis of terrestrial areas essential for biodiversity and climate resilience, totaling 50.4% of the Earth's land. The report was published in Science Advances ... More>>

ALSO:

MPI: Independent Review Launched Into Assurances For Safe Transport Of Livestock By Sea

The Ministry for Primary Industries (MPI) has launched an independent review of the assurances it receives for the safe transport of livestock by sea. MPI Director-General Ray Smith says Mike Heron QC has been appointed to lead the review, which is expected ... More>>

ALSO:


Computers: New Zealand PC Market Grows Nearly 40% Due To Work From Home Demand

COVID-19 had large impacts on demand for PCs as businesses prepared for lockdowns by purchasing notebooks to mobilise their workforce. In the second quarter of 2020, New Zealand's Traditional PC market experienced a 39.7% year-on-year (YoY) growth ... More>>

ALSO:


University Of Auckland: Whale-Watching By Satellite – Follow Their Travels Online

Scientists have successfully attached satellite tracking tags to six New Zealand southern right whales, or tohorā, and are inviting the public to follow the whales’ travels online. Part of a major research project involving the University of Auckland ... More>>

Commerce Commission: Kiwibank Admits System Failures And Agrees To Pay Customers $5.2 Million

Kiwibank has entered into a settlement agreement with the Commerce Commission after reporting that it failed to have in place robust home loan variation disclosure policies, procedures and systems. In a settlement dated 27 August 2020, Kiwibank admitted that ... More>>

Ministry of Health: Public Transport Distancing Requirements Relaxed

Physical distancing requirements on public transport have been reviewed by the Ministry of Health to determine whether they are still required at Alert Level 2 (or below). The Ministry’s assessment is that mandatory face covering and individuals tracking ... More>>

ALSO:

NZHIA: New Zealand Hemp Industry Set To Generate $2 Billion Per Annum And Create 20,000 Jobs

A new report says a fully enabled hemp industry could generate $2 billion in income for New Zealand by 2030, while also creating thousands of new jobs. Written by industry strategist Dr Nick Marsh, the report has prompted calls from the New Zealand Hemp ... More>>

ALSO:

Stats NZ: One In 14 Employed People Report High Risk Of Losing Jobs

About one in 14 workers say they expect to lose their job or business by mid-2021, Stats NZ said today. A survey of employed people in the June 2020 quarter showed 7 percent felt there was a high or almost certain chance of losing their job or business ... More>>

ASB Quarterly Economic Forecast: NZ Economy Doing Better Than Expected, But Challenges Remain

August lockdown estimated to have shaved 8% off NZ’s weekly GDP, and 0.5% off annual GDP Economy now expected to shrink 5% (year-on-year) by end of 2020 Unemployment rate now expected to peak at 7.2% The latest ASB Quarterly Economic Forecast is less ... More>>

ALSO: