Auckland dominates in Branson’s entrepreneurial challenge

By Idealog, December 8, 2011 @ 9:14 am

Ten finalists have been announced in the BNZ Presents: The Virgin Business Challenge, a competition to find New Zealand’s best start-up talent.

The majority of the entrepreneurial companies have sprung from Auckland, with nine out of the 10 based in the city.
 
The prize pack, which includes $100,000 cash and time with Sir Richard Branson, will be awarded to the business which best demonstrates that they have what it takes to go global.
 
The businesses whose owners will pitch live to a Dragon's Den style judging panel are:
 
FaceMe Ltd
FaceMe has developed a business-focused video conferencing system that is compatible with any device. It  allows anyone, anywhere, to video-conference with excellent calling quality.
 
1Above
1Above is an electrolyte-enhanced drink containing daily vitamin B needs and polyphenol extracts, which support circulation when flying as well as minimising the effects of jet lag.
 
Rocket Lab
This multi disciplinary business is focused on the rapid development of innovative technologies for the space and defence sectors.
 
MiniMonos Ltd
MiniMonos is a virtual play world for children. Messages of sustainability and community focus are embedded throughout the programme.  Every purchase made on MiniMonos goes towards supplying clean water to kids in India.
 
Konnect Net Ltd
Konnect Net provides business process management solutions for the insurance, corporate and health sectors,  and aims to provide more efficient ways of managing interactions.
 
PowerbyProxi Ltd
PowerbyProxi is a global market leader in the commercialisation of wireless power solutions. It is leading the way in the ‘miniaturisation’ of wireless power technology.
 
WilliamsWarn Ltd
WilliamsWarn has developed the world’s first personal brewery, enabling customers to make professional quality beer in seven days from their own home.
 
Sonar6
Sonar6 produces a simple performance review system that is simple, rewarding and useful for managers, employers and human resources professionals.

KlickEx Corporation Ltd
This new system of low-cost currency exchange technology connects millions of people. The focus is on expatriate work-forces in emerging nations, who send regular payments home to support their families.
 
The Collective
The Collective manufactures, distributes and markets high-end dairy products including gourmet yoghurt, yoghurt drinks and cheeses in New Zealand, the United Kingdom and Australia.
 
The winner will be announced at an awards ceremony in Auckland on December 15.