Home Events Enterprize $100K Competition closes today!

Enterprize $100K Competition closes today!

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It’s not too late to enter the University of Queensland Business School (UQBS) Enterprize 2011 business competition… but, well, let’s just say it’s getting pretty close.

The door on new entries closes TODAY, 22 July. Aspiring entrepreneurs have until midnight to submit their concept plans and to be eligible for the grand prize: $100,000 in seed funding.

Since Enterprize is now in its eleventh year, that means over $1 million has been awarded to start-ups over the last decade. Those funds have gone towards technology in such diverse fields as chemical research, radiation detection and cloud computing.

Enterprize’s 2011 winner will join the company of the following business innovators:

  • 2010 winner, Melbourne-based Southern Innovation, which is hoping to see its revolutionary technology on the market before the end of this year. Its digital pulse processing technology speeds up the way data is analysed in devices which detect and measure radiation, such as X-ray machines, CT scanners, and equipment which detects drugs, explosives and landmines.
  • 2009 winner CoolMe, a disposable, lightweight vest which creates an intense cooling effect, to ease heat stress suffered by firefighters and others working in extreme conditions.
  • 2008 winner Bilexys, a resource recovery technology that extracts valuable chemicals from a company’s wastewater. These chemicals can be reused, saving money and reducing the business’s carbon footprint.
  • 2007 winner Codesion (formerly CVSDude), a cloud-based computing services company. By 2009 Codesion had achieved global success with about 3400 customers in 90 countries and 70,000 active users. Recently Codesion was sold to CollabNet, one of the world’s largest names in the software development tools industry.

The competition is open to all Australian residents. To enter, visit www.business.uq.edu.au/enterprize.

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