The BNZ Virgin Business Challenge awards dinner was held last Thursday night. 260 companies entered this challenge with 10 going through to the final judging phase on Wednesday and Thursday. The finalists were competing for a $100k cash prize, international travel and time with one of the world’s leading entrepreneurs Richard Branson. MOVAC investee companies PowerByProxi (Fund 2 and 3) and Minimonos (Fund 2) made the short list.
FaceMe, an online video conferencing solution for businesses took out the award, but all 10 companies were outstanding. The NZ innovation sector is in great shape!
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The information in this article was current at 27 Mar 2012