The Challenge

Will you launch your business in 2017?

Join us for the Round Two Launch

5:15 - 7:00 pm
Tuesday 18 July
Hub, H block, Otago Polytechnic,
Cnr Forth and Union Sts,

Audacious Challenge

The Challenge is split into two rounds: Round One, where entrants begin to explore a startup business idea and submit a one-page business plan and Round Two where entrants further develop their business idea through completion of a two-page business plan based on the Lean Canvas In Round Two, participants also get to present to our Dragons Den judges.

At our Awards night our best entries will be recognised and rewarded with prizes to encourage them to continue working on their idea.

If you are interested in joining the Challenge, email to register your interest.


We are thrilled to have a diverse group of local business people from a range of different industries on the judging panel this year. Check them out on our Judges page.

Prizes (2016)

With the support of a range of local and national businesses, we award fantastic prize packages to first, second and third-placed entries. The prize packages are designed to assist the winning teams to continue to develop their business idea, whilst connecting them with some great local companies and business people. Along with seed funding of $5k, $3k, and $2k for our top three:

  • Vodafone provides generous prizes for our winning teams: first (terrific phone and plan) and second prize (excellent plan)
  • Glow PR and Marketing Prizes of consulting time for each of our top three
  • Firebrand first prize winner receives a website for their new business
  • BrandAmp also donated a special prize of consulting time

Round One

Round One entries will open on 5 May, register and complete your entry here! Entrants are required to submit by 12 noon Monday 15 May! The questions should be answered based on the Lean Canvas.  The ideas will be assessed on this criteria.

Join us for the Round One Celebration

5:15 - 7:00 pm
Tuesday 30 May
Technique Training Restaurant
Courtyard Entrance, M Block, 51 Harbour Terrace (map)

Round Two

Entrants must follow the Audacious business plan template and submit their Round 2 entry online via startupcompete .

Business Plan Marking Guidelines Make sure to check the competition rules!

Dragons' Den

Entrants will pitch their business idea to the judges in a Dragons' Den setting.

Each team will have 5 minutes to pitch their idea, followed by 10 minutes of questions and feedback from the judges.

The Dragons' Den will be held on 12 September.

Team Builder

We encourage all Audacious entrants to work in teams of people with complementary skills. So if you are looking for a team member, or looking to join a team, use our Team-Builder function to post an ad.