$100,000 prize for innovation on offer

4 June 2011

Entries are now open for Enterprize 2011, Australia’s richest business competition.

Emerging entrepreneurs from around the country are being encouraged to create a business plan to be in the running for the $100,000 prize offered by the University of Queensland’s (UQ) Business School.

Academic Dean and Head of UQ Business School, Professor Iain Watson, expects a record number of excellent entries as each year interest in Enterprize grows.

“We’ve had an extraordinary and diverse range of smart ideas and business models put forward over the years, and we are proud to reward the best with $100,000 in seed capital.”

Since its inception in 2001, the UQ Business School Enterprize competition has showcased dozens of innovative ideas and products to potential investors and provided seed capital to promising start-up ventures. 

Enterprize 2011 entrants must submit their concept plans by 22 July and the finalists will be announced in August. Finalists will then have a chance to impress the judges, venture capitalists and angel investors at a “Pitch Day” in October, when the winner will be chosen.

For more information, entry requirements, to view videos of past winners and finalists, and to enter Enterprize visit www.business.uq.edu.au/enterprize.

For media inquiries, please call:

Samantha Kennerley, UQ Business School on phone (07) 3346 8068 or mobile 0433 130 085

Colleen Clur, Niche Consultants on phone (07) 3368 1230 or mobile 0418 253 340