What will I get Out Of It?
You will get an understanding of the realities of starting your own business, meet other students interested in starting up, network with fellow entrepreneurs and business people, attend workshops, get advice, and hear about other support and opportunities for budding entrepreneurs in Dunedin, New Zealand and internationally.
You will develop new fantastic new skills, meet new people, it looks great on your CV and you'll be in to win money and prizes to get your business off the ground. In 2013, competitors shared in a prize pool of $40,000 in cash, services and other prizes to help them start-up - what have you got to lose?
How does it work?
The Audacious programme includes workshops, the challenge, business coaches and a start-up space for like-minds to meet and mingle. Check out the Programme page for further details.
The Challenge is split into two Rounds where you will be required to:
- Round One - submit a business idea
- Round Two - submit a detailed business plan and pitch your idea to the judges in the Dragon's Den.
It is not compulsory to enter the Challenge to utilise Audacious resources. You are welcome to attend workshops, speak to our business coaches and use the StartUP Space even if you don't enter the Challenge.
Who is it for?
Audacious is for students of all disciplines at the University of Otago and Otago Polytechnic - not just business students.
No matter what you study, if you are creative, energetic and keen to expand your horizons - Audacious could be perfect for you. If you are worried you lack business (or other) skills, don't let that put you off, we have students from all disciplines involved in the programme each year.
If you want to enter the Challenge, we will do our very best to help you find team-mates with the skills you need. To enter the Challenge individually, you must be a current University of Otago or Otago Polytechnic student. If you enter as a team, at least one member of your team must be a current student and that person must be the nominated Team Leader when submitting your ideas.
To organise the wide range of ideas submitted every year, and to compare apples with apples, Audacious is split into five categories. It is not until Round Two that these categories become important in Round Two.
Don’t play safe, think long term. Bold ideas that are relatively untested and may have a long development phase, but could find worldwide success.
Get out there and make it happen. Ideas that are relatively straight forward, low risk and easy to bring to market.
Look after people and planet. Ideas that benefit society - for social entrepreneurs, not-for-profits, sustainable ventures and the like.
Think outside the box. Ideas that are innovative in the design or marketing that is leading edge and provides a competitive advantage.
* Please note, after too few entries were received in Round One, the Māori Business category will not be continued for Round Two. Māori students and those with a Māori focused business idea are still encouraged to enter in one of the other four categories.
Read the Audacious Challenge rules 2014. Competitors must agree to these rules in the submission process. Entries can be submitted via the Challenge section of this website. Any questions regarding these rules should be directed to email@example.com.