Creative Hype has assumed first place at the 2014 ANZ Flying Start Business Plan Competition awards ceremony.
Early on, Wellington-based company STQRY was named as the supreme winner. Subsequently, as a result of a review of eligibility, STQRY has had to be disqualified, as it did not meet the terms and conditions of the competition.
This outcome is unfortunate for STQRY, who did not deliberately breach the terms and conditions, according to Business.Govtt.NZ's website.
Creative Hype produces flat-form cardboard replica sports helmets, designed to be worn by fans and act as an engaging in-stadium advertising platform for teams and sponsors.
Second place now goes to Kiwa Digital Ltd, and third place goes to Dr Feelgood and Snolo jointly.
According to Business.Govt.nz, Creative Hype is about to launch into the USA which is totally different from any of the markets it already operates in.
Founding Director Clay Caird says: “The planning process was invaluable to clearly identify and analyse what the differences are in the USA and how we will conduct our business differently in that market.”
The winner of the ANZ Flying Start Business Plan Competition gets a prize package worth $45,000, including $30,000 cash from ANZ, to further grow the business.
Fred Ohlsson, ANZ’s managing director, retail & business banking, says of this year's winners: “These are entrepreneurs of the future who are ready to fly. They have exciting ideas and ambition, and they’ve backed this with detailed business planning to produce a road map to commercial success. These awards are a deserved accolade, but also a kick-start to help them take their enterprise to the next level.”
This is the fourth year of the ANZ Flying Start competition, sponsored by ANZ in partnership with business.govt.nz, which aims to highlight the importance of good business planning.
“Since we began backing this competition our business bankers have helped more than 25,000 Kiwis start businesses. We understand that a strong business plan is a must-have for getting a successful enterprise off the ground. Small firms are the driving force of New Zealand's economy and the quality of this year's Flying Start entries bodes extremely well for future growth,” says Ohlsson.
The ANZ competition for small businesses or those with a new business idea, attracted over 400 entries from across New Zealand.
To enter people had to submit a business plan for an original idea that is geared for growth and sustainable revenue. The business plans were judged by an experienced panel of business experts.
The full list of the competitions winners are:
Kiwa Digital Ltd - Jill Tattersal
KIWA® uses technology to enable storytelling. Their voice synchronisation technology brings sound and content to life in unique ways. They offer niche services like licensing software for TV and film post-production and publishing experiential digital books.
Dr. Feelgood - Craig Jackson
Dr Feelgood have created a range of delicious hand-made Ice Pops using only the good stuff, with no refined sugar and no hard-to-pronounce ingredients. They use nutritious and functional whole food ingredients.
Social Media School - Mel Lee
Social Media School is a social media training course for small business owners. They develop business social media strategies and show what platforms to use, how to create the right content and how to build a community.
Gentle Guitar - Inga Berzina
Gentle Guitar School offers guitar and music theory tuition for children aged 5 to 12. It’s an academic and recreational programme that uses music as a developmental tool.
Bay of Plenty and East Coast
Enumero - Joan Goodwin
Enumero is a robotics and software developer for the horticultural industry.
Soter - Emma Greville
Soter offers rural businesses help with their compliance obligations, particularly with environment management plans for farms and the nutrient budgets required by HBRC under Plan Change 6.
Taranaki, Manawatu and Whanganui
DTExH2o - Alison Franklin
DTexH2o makes an electronic probe that detects the difference between milk and water. It’s programmed to sound an alarm in the event that the milker forgets to turn the tap. The probe is also programmed to tell the farmer exactly when to turn the tap.
West Coast and Marlborough/Nelson
Dove River Peonies - Georgia Richards
Dove River Peonies are a family business who creates health products that use the anti-inflammatory, antibacterial and hormonal balancing properties of the peony root.
Wash Bar - Jules Smith
WashBar create products which soothe and heal itchy skin and are safe for dogs and their owners.
Otago and Southland
Snolo Sleds - Sean Boyd
Snolo offer a unique alternative winter sports experience by using cutting edge design and materials to create the world’s most exciting and innovative high performance adult snow sleds.
Houdini Solutions - Bianca Richardson
Houdini Solutions Limited invents and manufactures simple and effective products that help solve caregivers’ problems like children removing their arms from their car seat straps, taking off their nappies or keeping them safely out of rooms. Parents buy these products to save their sanity and make their daily lives easier.