Ventures Ignited

Jobs Created

Billion in Capital Raised

From the Newsroom

2024 Velocity Ideas Challenge winners revealed

The 25 winners of the Velocity Ideas Challenge have been announced, with each team taking home a share of $25,000. University of Auckland students and staff were invited to submit a 1,000-word idea for a start-up aimed at addressing pressing issues or opportunities,...

Angels sing praises for Kara Technologies

Kara Technologies has received the prestigious Puawaitanga Award from the Angel Association of New Zealand, an organisation that represents over 900 individual angels associated with New Zealand’s key angel networks and funds. The accolade recognises the success of...

Toku: a clear vision for preventive healthcare

Toku, founded by Waipapa Taumata Rau, University of Auckland scientist Associate Professor Ehsan Vaghefi, is driven by a deeply personal mission. Ehsan’s father lost his vision to glaucoma, a disease that could have been treated, sparking Ehsan’s determination to...

Meet the 2024 Velocity CEO

Bachelor of Commerce/Bachelor of Laws student, Izilah (Izzy) Mohammed is this year’s CEO of the Velocity entrepreneurship development programme. Izzy is responsible for leading a committee of student volunteers who organise a year-long programme of competitions,...

Six high-potential venture ideas score slice of $100K

Construction and demolition waste, detection of plant diseases and fitness tracking were just a few of the real-world concerns tackled by innovators and entrepreneurs as part of the 2023 Velocity $100k Challenge. The team behind a revolutionary solution to divert...

Pausing and reflecting on progress for Women in Entrepreneurship

Professor Christine Woods has been an entrepreneurship educator for more than 20 years, balancing teaching, research and advocacy through her role as an academic as well as involvement with organisations such as the Icehouse and the Business School’s Centre for...

Finalists announced from biggest Velocity $100k Challenge ever

The 15 finalist teams for the Waipapa Taumata Rau, University of Auckland’s Velocity $100k Challenge have been announced. This year a record-breaking 108 venture ideas were submitted, indicating that entrepreneurial energy is pulsing strongly throughout the University...

Embracing identity and values key to Pacific entrepreneurship

The 2023 Pasifika Innovation and Entrepreneurship Talanoa was hosted recently in Kura Matahuna Unleash Space, one of the innovation hubs run by the University of Auckland Business School’s Centre for Innovation and Entrepreneurship (CIE). The event was the result of a...

New Zealand CleanTech on a global mission

Hydroxsys is a New Zealand CleanTech company tackling a huge global problem. Predictions estimate that global demand for freshwater will outstrip supply by 40% before the end of this decade, and primary industries such as agriculture and horticulture are identified as...

Venture Lab incubator showcases the entrepreneurial journey

The University of Auckland’s Venture Lab incubator programme continues to nurture and support aspiring entrepreneurs, as the latest cohort wraps up their six-month experience with great success. Their learnings were shared at a recent showcase event held for the...

A special thanks to our sponsors


The University of Auckland Business School is proud to be a founding partner of Velocity and to provide on-going support through the Centre for Innovation and Entrepreneurship for the delivery of the Velocity programme. This support is provided in recognition of Velocity’s role in assisting The University of Auckland in its transformation to become a key driver of economic growth of the region and indeed the nation; thereby driving the conversion of New Zealand into a high-value, knowledge-based economy. On this occasion, the Business School would like to salute Velocity for the great contribution it has made to so many students and staff as well as the University and the business community at large.


Auckland UniServices is the commercialisation arm of the University of Auckland. UniServices sees its role as sponsor of the Velocity competition as a natural extension of the pathway for University ideas to ultimately create real opportunities for investment. UniServices owns, protects and manages all the intellectual property which arises out of the academic research in the University of Auckland, and as the steward of this intellectual property we use our commercial management capabilities to take ideas to investors.


Momentum is a national student-led investment committee program which provides access to world class advice, connections, and investment opportunities to students and start-ups across New Zealand.

Our services include connecting technology and project teams with strategic management, top-tier advice and efficient access to capital.

We believe today’s students have the passion and urgency to innovate in ways that will positively impact on their own and future generations.


“Business isn’t a strategy of chance. It’s about taking calculated risks, risks that make a difference. It’s our job to know what you have got and how to leverage it. Hudson Gavin Martin will help you establish intellectual property, exploit intellectual property and secure the appropriate rights to intellectual property. Hudson Gavin Martin will help you find where the value is by understanding the opportunities presented by that intellectual property and how it could be part of your business. Because it’s what the idea is, and how it fits that matters.” For further information, please visit their website.


Bold ideas. Big dreams. We’ll invest in that.
Established in 2002 by the New Zealand Government, New Zealand Growth Capital Partners (NZGCP) invests in early stage Kiwi companies with high-growth potential. They aim to develop and foster a vibrant and self-sustaining New Zealand early-stage ecosystem, primarily through their investment vehicles, the Aspire Fund and Elevate Fund. A number of past Velocity participants and ventures have gone on to be supported by NZGCP.

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