STUDENTS STARTING UP


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 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. Last year, competitors shared in a jackpot of $40,000 in cash, services and other prizes to help them start-up – what have you got to lose?

How does it work?
Those entering the Audacious competition are required to submit a business idea, a detailed business plan and pitch their idea to the Dragon’s Den. Check out the Programme page for further details. Throughout the competition, students attend a range of start-up workshops and have access to a Business Coach for one-on-one advice.

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 skills, or any other skills, we will do our very best to help you find team-mates with the skills you need.

Individual entrants must be current University of Otago or Otago Polytechnic students. If you are entering as a team, at least one member of your team must be a current student and that person must be your nominated main contact when submitting your ideas.

But you don’t even have to enter the competition, if you are thinking of starting up, you’re welcome to join the community – attend Audacious events, hang out in the Audacious space, speak to our Business Coach or simply ask for help!

Categories
To organise the wide range of ideas submitted every year, and to compare apples with apples, Audacious is split into five categories. In your Round One submission you will be required to nominate the category in which you think your idea fits, but they become more important in Round Two. As you can see, any idea can be a winner!

THINKING BIG

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.

ACTING NOW

Get out there and make it happen. Ideas that are relatively straight forward, low risk and easy to bring to market.

DOING GOOD

Look after people and planet. Ideas that benefit society – for social entrepreneurs, not-for-profits, sustainable ventures and the like.

GETTING CREATIVE

Think outside the box. Ideas that are innovative in the design or marketing that is leading edge and provides a competitive advantage.

MAORI BUSINESS

Ehara taku toa i te toa takitahi; engari, he toa takitini; our achievements are a collective endeavour, not a solitary effort. For Maori students and those with a Maori-focused business idea.

RULES
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 protected].

Blog archive

  • Audacious > Blog

    Posted by kari.petroschmidt Everyone goes through low periods. And when you’re trying to start a business, the highs and lows can be particularly pronounced. There is obviously more risk in starting up, more doubt and fear. When you’re trying to strike out into the universe and taking all the responsibility for your venture, it can…

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  • Audacious > Blog

    Posted by kari.petroschmidt Malcolm Gladwell wrote an interesting piece in the New Yorker on Steve Jobs[1].  In the article he calls him a “tweaker”, explaining that Steve was the sort of person who excelled at refining the great inventions of his time.   Is tweaking innovation?  Was Steve an innovator? Often people use the word invention…

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  • Audacious > Blog

    Posted by kari.petroschmidt Image by Nikita Brown If you ask my good friend and fellow entrepreneur, Jack Yan, what he does, he has difficulty giving a straight answer – perhaps because he does so many things. Jack will tell you that his answer depends upon the audience.     “If it’s a marketing audience, I say…

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  • Audacious > Blog

    Posted by kari.petroschmidt I am and always have been a huge fan of children’s books. I’ve always loved looking at the shelves of these colourful, interesting books in stores and libraries and flipping through the beautiful illustrations and the wonderfully simple and funny stories. The idea of digitalising these books has never appealed to me…

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  • Audacious > Blog

    Posted by kari.petroschmidt Our decisions and actions are a function of how we experience the world around us.  Seeing the world differently takes effort.  You have to let go of pre-conceived ideas, you have to question your firmly held beliefs and you have to make a call on what has to be untouchable.  Often this…

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  • Audacious > Blog

    04 Sep Posted by kari.petroschmidt The following video features Jarod Chisholm of Audacious sponsor WHK and 2012 Audacious judge, as well as Andrew Lloyd of the National Bank. For someone who hasn’t actually started a business and doesn’t need to write a business plan, I found this remarkably helpful.   In fact it made me…

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  • Audacious > Blog

    05 Sep Posted by kari.petroschmidt So we had the Audacious 60 second pitches a few weeks ago, the first part of the competition for second semester. The venue at the Apartment was excellent and it was great to see all the faces behind the ideas, to experience their personalities and their unique perspectives on why…

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  • Audacious > Blog

    Posted by kari.petroschmidt “I looked for support from the older women I assumed were mentors at my work, but I never got any.  In the end, I realized that they did not have my back when I needed them most.  It made me feel like I hadn’t been valued at all there, despite working hard…

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  • Audacious > Blog

    Posted by kari.petroschmidt We manufacture the future every day through every action we take or fail to take.  The faster we act, the faster the future closes in on us.  Work harder, work smarter, work more efficiently – these are the rallying calls to the war on the complexities we face.  But some of these…

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  • Audacious > Blog

    12 Sep Posted by kari.petroschmidt Awesome feat by the ever enterprising David Booth and Harry Uffindell! The two have entered their start-up Meatmail in Audacious this year, selling and distributing meat-packs from the Mad Butcher to students at Otago. They currently have over 80 clients and are planning to expand big time. You can catch…

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  • Audacious > Blog

    Posted by kari.petroschmidt I had the opportunity recently to present a course on writing and presenting technical proposals and reports in Zimbabwe.  Even as I was flying into Victoria Falls in the far north of Zimbabwe I was not sure exactly where I was supposed to present the course.  On arrival I was met by…

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  • Audacious > Blog

    Posted by kari.petroschmidt THE WINNERS First off, I’ll start by announcing the winners. In first place we have Ryan Everton of Globelet (Otago University), the sustainable plastic cup aimed at reducing waste in New Zealand’s major festivals and events. Ryan already has a commission with Forsyth Barr Stadium and a client in Australia, with more…

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