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May 22, 2012
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After a hard-fought race (no blood was shed,
thankfully), FaceMe has been crowned the winner of the BNZ Presents: The
Virgin Business Challenge, after being judged best by some of New
Zealand’s top entrepreneurial and business minds. The company, which has developed a video conferencing system compatible with any device, will be a worthy representative for the country on the world
stage, according to judges.
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In a competition of a completely different kind, the Prime Minister’s Science Prizes, which deal in
both glory and cold hard cash from a pool of $1 million, have been
presented in Auckland today. The
top award, worth $500,000, went to a team of scientists from NIWA
(National Institute of Water and Atmospheric Research) and the
University of Otago for research that is helping to guide international
decisions on mitigating climate change.
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The first Chinese angel investment network in New Zealand could be up and running as early as next year. The funding for the group and its investments will come
from local and overseas Chinese investors. Other investors include the
privately-funded Ice Angels group – the largest Australasian angel
investment group with 100 directors, set up by business incubator The
Icehouse – and investment firm Pacific Channel.
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Energy-efficient lightbulb company Energy Mad has been dealt $220,000
in government funding to develop a new downlight. The company said the Ministry of Science and Innovation funding will
be used to design an ‘Ecobulb’ downlight to replace less efficient
halogen and incandescent bulbs.
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Getting support from Helen Clark and product on
shelves in Kathmandu and Mitre 10 was all in a year’s work for James
Agnew, the inaugural New Zealand Institute of Chartered Accountants
(NZICA) Young Managing Director of the Year. The 17-year-old led a team of six St Thomas of Canterbury College
students participating in the Lion Foundation’s Young Enterprise Scheme
(of which the NZICA award is a part), which sees high school students
create, run and manage a real company and real product over the course
of a year.
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Trade workers play a key part in the economy and help to prop up the export sector, new research indicates. Independent research firm BERL was commissioned by the Industry Training
Federation (ITF) to research the economic costs and benefits of
industry training and concluded that both the government and employers see high returns from industry trained professionals.
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More and more companies are waking up to the
imperative of social responsibility – but the golden age of the
sustainability label is over, a report by London consultancy
SustainAbility has concluded. “Labels now need
to fade into the background, acting as trust marks for those who seek
them and leaving brands to delight and mobilise consumers into adopting
more sustainable behaviours,” said lead author Patrin Watanatada.
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The UN climate negotiations hardly displayed a widespread awareness of scientific reality, Bryan Walker writes. But we must continue to demand that politicians take notice of scientific warnings, and condemn them when they don’t.
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The next time someone accuses you of being negative, ask yourself: “Who has the problem?” As Paul Allen says, acknowledging reality might just be the catalyst for change you need.
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