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Invert Robotics stomps to Business Plan competition victory

Invert Robotics stomps to Business Plan competition victory

Christchurch company Invert Robotics and Lower Hutt-based Im-Able Ltd have beaten more than 750 businesses around New Zealand to take the top prizes in the ANZ Flying Start Business Plan Competition.

invert robotics award business plan competition

Invert Robotics CEO James Robertson and UC Vice Chancellor Rod Carr

Invert Robotics Ltd, which builds remotely-operated climbing robots that inspect industrial equipment in the dairy industry, won the Supreme Award for the best overall business plan – a prize package worth $56,000 to further grow the business. Invert Robotics was born out of the University of Canterbury, and earlier this year, picked up Best Startup at the Hi-Tech Awards.

The ANZ Export Assistance Prize for the company demonstrating the most exporting potential went to Im-Able Ltd, whose computerised training games and other systems help stroke victims regain their independence by speeding up the recovery of arm movements, balance and cognition. Im-Able receives $10,000 to explore exporting opportunities in the Asia-Pacific region. It already has a presence in the UK, France, Germany, Singapore, Hong Kong, the US and Australia.

Sixteen regional winners also each received a $1000 prize at an award ceremony in Wellington today.