PRESSROOM

2014

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    Greg Whittred – Dean, The University of Auckland – Entrepreneurs’ Challenge 2014

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    Greg Whittred – Dean, The University of Auckland – Entrepreneurs’ Challenge 2014

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    Ken Erskine – The ICEHOUSE – Entrepreneurs’ Challenge 2014

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    Ken Erskine – The ICEHOUSE – Entrepreneurs’ Challenge 2014

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    Alexei Dunayev – CEO, TranscribeMe – Entrepreneurs’ Challenge Winner 2014

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    Alexei Dunayev – CEO, TranscribeMe – Entrepreneurs’ Challenge Winner 2014

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    Paul Grey – ExportX – Entrepreneurs’ Challenge 2014

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    Paul Grey – ExportX – Entrepreneurs’ Challenge 2014

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    Craig Donaldson – KEA – Entrepreneurs’ Challenge 2014

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    Craig Donaldson – KEA – Entrepreneurs’ Challenge 2014

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    Christopher Smith – CEO, STQRY – Entrepreneurs’ Challenge Winner 2014

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    Christopher Smith – CEO, STQRY – Entrepreneurs’ Challenge Winner 2014

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    Andrew Fisher – ECOSTOCK – Entrepreneurs’ Challenge 2014

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    Andrew Fisher – ECOSTOCK – Entrepreneurs’ Challenge 2014

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    Video: Tim Norton – CEO, 90 Seconds – Entrepreneurs’ Challenge Winner 2014

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    Video: Tim Norton – CEO, 90 Seconds – Entrepreneurs’ Challenge Winner 2014

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    App-maker and video agency win uni kudos

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    Uni looks to young innovators

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    Entrepreneurs vie for $1m

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    Expert help offered to young start-ups

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    $100K up for grabs for Bay entrepreneurs

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    Video: Professor Stuart McCutcheon interview

    Interview with Professor Stuart McCutcheon at Entrepreneurs’ Challenge launch.

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    Video: Professor Stuart McCutcheon interview

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    Video: Dr Brian Hannan interview

    Interview with Dr Brian Hannan at Entrepreneurs’ Challenge launch.

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    Video: Dr Brian Hannan interview

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    Video: Professor Greg Whittred interview

    Interview with Professor Greg Whittred at Entrepreneurs’ Challenge launch.

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    Video: Professor Greg Whittred interview

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    Video: Andy Hamilton interview

    Interview with Andy Hamilton, CEO – The ICEHOUSE at Entrepreneurs’ Challenge launch.

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    Video: Andy Hamilton interview

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    Video: Greg Cross interview

    Interview with Greg Cross, Chairman EC Investment Committee at Entrepreneurs’ Challenge launch.

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    Video: Greg Cross interview

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    Video: Tim Alpe interview

    Interview with Jucy CEO at Entrepreneurs’ Challenge launch.

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    Video: Tim Alpe interview

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    Video: Stephan Preston interview

    Interview with Co-founder and Executive Chairman of Rose and Thorne at Entrepreneurs’ Challenge launch.

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    Video: Stephan Preston interview

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    Young entrepreneurs offered guidance of leading mentors

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    Video: EC-35 FUND

    We are making up to $100,000 available to entrepreneurs who are 35yrs of age or under to fund the appointment of a world-class advisor or executive director.

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    Video: EC-35 FUND

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    Video: Entrepreneurs’ Challenge 2014

    Interview with Tim Alpe, CEO of Jucy and previous winner of the Entrepreneurs’ Challenge.

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    Video: Entrepreneurs’ Challenge 2014

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    Success: Export sales in company’s DNA

2013

2012

2011

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    Success: Flash idea just the start for photo business

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    Four enterprising firms share million dollar award

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    Wolf diet dog food puts firm ahead of pack

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    Tech firm scores Pacific money transfer deal.

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    Jucy keen to hit road in US.

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    Smart inhalers give patients a breather.

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    Chance for $1m down to final six.

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    UABS Entrepreneurs’ Challenge Finalists Named for 2011

    Six promising entrepreneurial New Zealand companies have made the shortlist for a potential share of $1 million in seed funding to go global and take on the world Kiwi-style… thanks to The University of Auckland Business School Entrepreneurs’ Challenge. The …

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    UABS Entrepreneurs’ Challenge Finalists Named for 2011

    Six promising entrepreneurial New Zealand companies have made the shortlist for a potential share of $1 million in seed funding to go global and take on the world Kiwi-style… thanks to The University of Auckland Business School Entrepreneurs’ Challenge.

    The finalists – ViFX  Limited Partnership, K9 Natural Food, enlight photo, KlickEx, JUCY Group and Nexus6  – have made the final list in the closely fought competition which is into its third year and offers $1m in funding from an initial $3m donation by ex-pat international financier New Zealander Charles Bidwill.

    The six companies will undergo further scrutiny in the next month, before the winners are announced on October 26 at a Business School celebration.  Past winners are Piako Gourmet Yoghurt, Allpress coffee, Outpost Central, Biotelliga, Biomatters and Senztek.

    Selection committee chairman Brian Hannan says the quality of qualifiers this year has meant a difficult decision, and the six are of the calibre and potential  that Mr Bidwill envisaged when he offered the seed funding four years ago.“We appreciate the effort that businesses are putting into their entries into the Challenge,” Mr Hannan says.  “That outstanding effort is proving very difficult for those of us who have to make decisions on who goes through.

    “However, the six chosen have huge potential to succeed in international markets, and we hope they can demonstrate in the future what New Zealand companies can achieve.

    “We are especially pleased to have a Christchurch-based company in our group of finalists for the first time since the Challenge started in 2009.”

    The finalists are:

    ViFX Limited Partnership, a leading Auckland-based IT consultancy specialising in innovative advanced virtualisation and storage solutions and Cloud Computing strategy, operates throughout Australasia within the enterprise, government and tertiary education fields.

    Nexus6 is a developer, manufacturer and marketer of medical devices for monitoring healthcare assets, and is planning to establish itself in North America.  The Auckland-based company also hopes to expand its overseas distribution network.

    K9 Natural Food, a Christchurch-based producer and marketer of raw natural dog and cat food, was developed from the founder’s observations of grey wolves in Alaska.  Purely replicating nature, K9 products offer a significant increase in health and performance of pets.

    enlight photo is an award-winning design company based in Auckland and dedicated to the creation of practical inventive products for photographers.  The company is about to launch products for the iPhone, iPod Touch and iPad that will offer never-before-available functionality from affordable shutter release cables.

    KlickEx Corporation (Auckland) brings banking systems in different countries together, providing cheap, real-time domestic and sophisticated cross-border remittances networks between banks, customers, small businesses and out to mobile phones across the South Pacific and around the world.

    JUCY Group is one of Australasia’s leading and fastest growing independent tourism brands, and plans to become an international success by offering consumers the opportunity to experience JUCY throughout their travel experiences in the United States and Europe.  That could also include hotel developments in Australasia and even air transportation, the Auckland-based company says.

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    They’ll soon be eating our yoghurt in Japan.

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    2011 Qualifiers Announced for Entrepreneurs’ Challenge

    Fifteen companies showing global export promise have been chosen as qualifiers in a bid to secure a share of $1 million in this year’s University of Auckland Business School Entrepreneurs’ Challenge. The companies – ranging from bulk material handling system …

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    2011 Qualifiers Announced for Entrepreneurs’ Challenge

    Fifteen companies showing global export promise have been chosen as qualifiers in a bid to secure a share of $1 million in this year’s University of Auckland Business School Entrepreneurs’ Challenge.

    The companies – ranging from bulk material handling system developers through to tourism operators and makers of raw natural petfood – will now undergo scrutiny by the Challenge’s selection panel before the finalists are announced in September.

    Selection panel chairman and Business School Executive-in-Residence Brian Hannan says the crop of applications this year was incredibly high in quality, and choosing the top 15 from the nearly 60 entrants was particularly difficult for the panel.

    However, the range and scope of this year’s qualifiers show the potential that New Zealand has within innovation and entrepreneurship, he says.

    “In these 15 entrants, we have the evidence of what New Zealand brains can achieve if they get the support to do so,” Mr Hannan says. “We are looking at the future of New Zealand’s economic health, and believe these 15 companies have the ability to take on the world.”

    The 15 qualifiers are:

    Life Care Consultants
    Conceived in a spare room in 1994, Life Care provides customised first aid training and health assessments, and now boasts 35 employees with work across New Zealand – in fact, the company works with seven of the top 10 companies by employee number in this country.  Location: Hamilton.

    JUCY Group
    One of Australasia’s leading and fastest growing independent tourism brands, JUCY plans to become an international success by offering consumers the opportunity to experience JUCY throughout their travel experiences in the United States and Europe.  That could also include hotel developments in Australasia and even air transportation.  Location:  Auckland.

    Telemetry Research
    Providing support to research activities in pharmaceutical companies, universities and research institutes worldwide, Telemetry has developed a market development strategy focused on driving sales to the leading pharmaceutical companies.  Location: Auckland.

    Nexus6
    Nexus6 is a developer, manufacturer and marketer of medical devices for monitoring healthcare assets, and is planning to establish itself in North America.  It also hopes to expand its overseas distribution network. Location: Auckland.

    Phytomed Medicinal Herbs
    A manufacturer of herbal health products, Phytomed has two brands – Phytomed ‘practitioner-only’ herbal extracts and Kiwiherb herbal medicines sold direct to consumers.  Location: Auckland.

    K9 Natural Food
    A producer and marketer of raw natural dog and cat food, K9 was developed from the observation of grey wolves in Alaska.  Purely replicating nature, K9 products offer a significant increase in health and performance of pets.  Location:  Christchurch.

    A-Ward Attachments
    A-Ward strives to provide the world’s most innovative and efficient bulk material handling systems, and its offerings include container tilters, horizontal loading products, specialized recycling and demolition excavator attachments – currently the tools of choice for leading demolition companies in Christchurch.  Location: Auckland.

    enlight photo
    An award-winning design company dedicated to the creation of practical inventive products for photographers, enlight is about to launch products for the iPhone, iPod Touch and iPad that will offer never-before-available functionality from affordable shutter release cables.  Location: Auckland.

    KlickEx Corporation
    Bringing banking systems in different countries together, KlickEx provides cheap, real-time domestic and sophisticated cross-border remittances networks between banks, customers, small businesses and out to mobile phones across the South Pacific and around the world.  Location: Auckland.

    ViFX Limited Partnership
    A leading IT consultancy specialising in innovative advanced virtualisation and storage solutions, and Cloud Computing strategy, ViFX operates throughout Australasia within the enterprise, government and tertiary education fields.  Location: Auckland.

    Xlerate
    Mobile resource management services – a growing category of productivity solutions – integrate wireless communications, location-based technologies, GIS mapping, satellite imagery, hosted software applications, transition processing and the Internet to help companies better manage mobile assets and workers.  Location: Auckland.

    Bully Boy
    Manufacturing a range of automatic security bollards and related products designed and built in New Zealand, Bully Boy’s products are reliable, low maintenance, tough, intelligent and easy to install.  Location: Auckland.

    AFT Pharmaceuticals
    A 100% owned New Zealand pharmaceutical company, AFT is involved in the distribution, marketing and development of pharmaceuticals across the world, with sales expected to exceed $40m this financial year.  The company has an active and growing drug development programme of patented pharmaceuticals.  Location: Auckland.

    FoodCap International
    FoodCap International holds intellectual property around three distinct food material handling supply chain systems:  FoodCap – Capsulated Meat Packaging System for the storage, aging and transport of fresh bulk meat;  FoodLink – Automated Order Picking System; and FoodMove – Capsulated Stock Replenishment system for distribution of chilled food.  Location: Auckland.

    Booktrack
    Confidential.  Location: Auckland.

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    Video: Entrepreneurs Challenge Interview with 2010 Winners

    An interview with the winners of the Entrepreneurs’ Challenge 2010.

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    Video: Entrepreneurs Challenge Interview with 2010 Winners

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    Small hits just as good as big ones.

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    Angel’s magic formula for raising cash.

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    Kiwi businesses given the chance to be schooled by the best.

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    Allpress slakes UK thirst for better brew.

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    DNA decoding firm signs American deal.

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    Entrepreneurs’ Challenge Entries Invited for Share of $1 Million

    Entries into the 2011 University of Auckland Business School Entrepreneurs’ Challenge are now open, but there’ s more than just a share of $1m up for grabs in this unique competition. As well as the chance to attract funding to …

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    Entrepreneurs’ Challenge Entries Invited for Share of $1 Million

    Entries into the 2011 University of Auckland Business School Entrepreneurs’ Challenge are now open, but there’ s more than just a share of $1m up for grabs in this unique competition.

    As well as the chance to attract funding to catapult their promising businesses onto the global stage, entrants also have the opportunity to map out their particular business plans and impress the judges with their long-term potential.

    “Even if you aren’t triumphant, you will still have a solid action plan that you’ve pitched to the selection committee and can take away and work on in the future,” Business School Dean Professor Greg Whittred says.

    “That is a very valuable process to go through, as it forces people to think about their businesses, where they want to go, who their competition is and what they are aiming to achieve.”

    The Challenge, which officially launches on July 5 has been made possible by a $3 million foundation gift from expat businessman Charles Bidwill and offers winners the chance to secure the funds necessary to go global.  Winners of the 2009 and 2010 competitions include coffee-roasters, IT entrepreneurs and medical technologists.

    Once received, the entries are vetted by teams of bankers, lawyers and accountants tasked with ensuring due diligence to make sure these businesses are viable enough to expand internationally.

    “There are often uncertainties within high growth companies, particularly those expanding rapidly or moving overseas,” Professor Whittred says.  “The vetting process helps the Challenge Investment Committee to identify and understand qualities within businesses that make them the best opportunities to invest in.”

    The finalists identified through the screening process will then undergo due diligence from our four Challenge partners the BNZ Ernst & Young AJ Park and Simpson Grierson and are supported by the ICEHOUSE Professor Whittred says.

    Finalists are then invited to present to the Investment Committee at the Business School.

    “As you can see, this process is thorough and imposing, and entrants must know their business and its potential inside and out,” Professor Whittred says.  “Aided by world-class due diligence, the Investment Committee then selects the winners.”

    Winners are given a share of the $1 million funding for three years, along with mentoring from experienced entrepreneurs and business executives. They also enjoy access to the Business School’s networks and entrepreneurial ecosystem and priority consideration in its internship, consulting and experiential learning programmes.

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    Entries open for share of $1 million loan pot.

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    Success: Partners spur water watchers’ growth.

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    Aim is pots of success for yoghurt firm.

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    AMP growing Piako Yoghurt (video).

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    Yoghurt makers take a pot-shot at UK market.

2010

2009