The $85K Startup Challenge is an annual competition run by Entré for students at Ara Institute of Technology, The University of Canterbury and Lincoln University. The event sees 20 student-led startup businesses compete for a share of $85,000 worth of prizes over the three month long competition.
Vxt was announced as Grand Winner of the competition last Wednesday, as well as receiving the award for the best business pitch. Along with the awards Vxt received $19,000 worth of prizes to continue to develop their business.
The competition was stiff as evidenced by three teams placing first equal for the first time in the event's history.
First-equal grand winners:
Social impact award:
People’s choice award:
Business development awards: