Have you got an idea that could change the world?
Do you see a problem that needs fixing?
Get your creative and innovative juices flowing to be in to win $1,000 in prize money! With multiple prizes there are loads of chances to win.
What do I need to do?
It’s simple. Write up 1,000 words on your idea and submit it to our secure platform (note: you’ll need to create an account for access to the platform).
We have multiple prizes available for ideas related to economic and social ventures. We’ve asked industry experts to be our judges. Your entry will be read by at least two experts from the entrepreneurial ecosystem who form a judging group. We also have an experienced moderating panel to read every entry so we can ensure rating consistency across the judging groups. We then gather the judging groups together to decide the best entries in each prize category. Win or not, the judges are on hand at a feedback session to help you develop your innovation further.
A full set of the Velocity Challenge rules can be found here. It is very important that these are read and clearly understood.
The impact of COVID-19 (coronavirus) is far-reaching, affecting many people’s health and livelihoods. Help us identify ways the world can tackle the problems COVID-19 has presented. Velocity are dedicating two of the prizes from our prize pool to solutions for COVID-19. Entrants will then have the opportunity to bring their ideas to life with the support of the Velocity $100k Challenge.
COVID-19 Social Innovation Challenge prize
Write an idea for a solution to one of the social challenges created by COVID-19 – $1,000 prize.
COVID-19 Economic Innovation Challenge prize
Write an idea for a solution to one of the economic challenges created by COVID-19 – $1,000 prize.
Need some inspiration to understand what the social and economic challenges are? Find some thought starters below!
Help & Inspiration
Are you stuck? Need some valuable one on one feedback and advice? Look no further, because the Innovation Challenge Drop-In Clinics are here to help.
The clinics are your opportunity to meet face to face with one of our awesome Velocity committee members, and discuss your entry to give yourself the best chance to craft a world-class submission for the challenge.
Clinics will run on Thursdays and Fridays starting April 30th, leading all the way up to the Innovation Challenge deadline. Slots can be booked for times between 10am – 1:30pm.
Each clinic will take place via Zoom and run for 15-30 minutes. So what are you waiting for? Get on board the Innovation Challenge hype train and begin your journey of turning a first class idea into a world class business!
Book your slot now at: https://calendly.com/hello-912/innovation-challenge-drop-in-sessions
Find out everything you need to know to enter the Innovation Challenge at our online workshop. From tips about the competition platform to details on what the judges look for in a good entry – all will be revealed on Tuesday 5 May from 6 to 7.30pm. There will be an ideation session to help you brainstorm an idea for your entry, and the opportunity to ask your questions to the Velocity team.
Book your place at: https://bit.ly/innovationChallengeWorkshop
Do you need help coming up with ideas that could win you a $1000? Fill in this template to get those creative juices flowing.
Step 1: What is a problem you have faced in the past week/month ?
Staying at home means that I don’t exercise as much as I used to
Step 2: How is that problem being solved right now ?
Online tutorials for workouts at home are available on Youtube and other MOOC websites
Step 3: How can you solve that better ?
These online courses feel generic and cater to everyone, but I would like workouts and a plan catered to my personal requirements. Therefore I can have an app that asks for age, gender, height, weight, and goal requirements, and through liaising with professionals, generates a plan suited for me.
Frequently Asked Questions
Can anyone enter?
Yes, as long as a core member of your team is a current University of Auckland student or staff member, anyone can enter.
You can enter as a team or individually and best of all it’s free.
What are the judges looking for?
How are the prizes paid?
We will deposit the winnings into the bank account of the team lead. To do this, we will ask you for your bank account details the day after the Awards Ceremony. It will typically take about 4 weeks to get the funds into your account.
How do I qualify for a prize?
This competition has two different prizes categories – Social and Commercial. Plus, this year we offer two prizes which solve an issue caused by COVID-19.
When you enter the Challenge, you select if this entry solves a Social or a Commercial problem. There are multiple $1,000 prizes up for grabs.
If your idea revolves around an issue caused by COVID-19, then you also qualify this this prize. Make sure you tick the COVID-19 prize in YouNoodle when you enter.
What faculty do I have to be a part of to enter?
The Innovation challenge is open to everyone, from every faculty. We are looking for innovation and awesome ideas first and foremost, and we know these can come from anywhere.
I don’t have anything to show for my idea. Can I still enter and have a shot at winning?
Of course! One of our core aims at Velocity is “turning your first class ideas into world class businesses”. We don’t need to see any prototypes of your idea. We just need to hear about the idea!
Where can I get help on my idea?
We are running several help sessions online ranging from dial-in support sessions to innovation challenge workshops, all available online. See the “Help and Inspiration” section above for more information. You’re also very welcome to get in touch with us on social media @velocityuoa, or via email: firstname.lastname@example.org
When are the Velocity Pop In Clinics sessions?
We’re running one-on-one clinics where where you can discuss your entry with our awesome committee members, and give yourself the best chance to craft a world-class submission. Clinics will run on Thursdays and Fridays starting April 30th, leading all the way up to the Innovation Challenge deadline. Slots can be booked for times between 10am – 1:30pm. Each clinic will take place via Zoom and run for 15-30 minutes.
Book your slot at: https://calendly.com/hello-912/innovation-challenge-drop-in-sessions
Will there be a tips and tricks workshop this year?
Yes! Find out everything you need to know to enter the Innovation Challenge at our online workshop. From tips about the competition platform to details on what the judges look for in a good entry – all will be revealed on Tuesday 5 May from 6 to 7.30pm. There will be an ideation session to help you brainstorm an idea for your entry, and the opportunity to ask your questions to the Velocity team.
Book your place at: https://bit.ly/innovationChallengeWorkshop
Have you got some thought starters for the COVID-19 prizes?
The impact of COVID-19 is far-reaching, affecting many people’s health and livelihoods. There are the immediate impacts that we can see presently in the world around us and longer-term implications in terms of both COVID-19 and future pandemics.
Here are some thought starters around some of the challenges we are currently seeing:
• Vulnerability of tourism, film and international education as industries in New Zealand
• Stress on the supply chain
• Limited manufacturing in New Zealand and reliance on overseas supplies
• Safety of employees
• Burden on IT infrastructure
• Isolation experienced by the elderly not empowered to use technology
• Homeless health and wellbeing
• Teaching by distance
• Mental wellness and stress in relation to prospective illness or unemployment
• Court system showing strain due to limited online infrastructure
• Charities not able to collect via street appeals
What problems can you see, and how we solve them?