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The essence of spark*

The essence of spark*. spark* - MORE than just a Business Plan Competition Transforming the University… From: the isolated academic ivory tower To: the revving engine of economic growth The spark* Objective Develop an entrepreneurial culture within The University of Auckland

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The essence of spark*

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  1. The essence of spark* • spark* - MORE than just a Business Plan Competition • Transforming the University… • From: the isolated academic ivory tower • To: the revving engine of economic growth • The spark* Objective • Develop an entrepreneurial culture within The University of Auckland • Promote entrepreneurial education and foster networks across The University of Auckland and with the wider community • Create value from the ideas generated at The University of Auckland

  2. The Nuts and Bolts • Turning first class ideas into world class enterprises • Intensive training and one-on-one mentoring from • experience business practitioners & academic experts • Prize package includes time in a business incubator • Extensive networking opportunities, and exposure to • media/investors For those willing to ‘take the plunge’ $40K Challenge • The bright spark*: Get the winning idea • Increase innovation • Encourage the first step towards entrepreneurialism • Real solutions for real problems $10K Challenge • Raising enterprising spirit within UoA community • FREE 13-week V2B course, taught by world class • academics/pracademics, open to all staff and students • Several networking opportunities enhancing contacts, • linkages and career opportunities • University wide change in culture and mindset Training and Inspiration

  3. Just some numbers • Between 500-800people at the spark* launch function • Over 2000 online registrations for spark* overnight • 200 people at each session of Vision to Business course • Total sponsorship value of ~$NZ500,000raised in 3 years • >400 participants across all university faculties in the two spark* competitions • About 200mentors, judges and speakers from the Business Community

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