Pitch competition · Auckland, New Zealand

Velocity $100k Challenge

The University of Auckland's Velocity startup competition for its students and staff. Teams submit a business proposal, and the top three win NZ$30,000, NZ$20,000 and NZ$10,000 in seed capital plus a place in the Venture Lab incubator.

Closed Run by Velocity, Centre for Innovation and Entrepreneurship, University of Auckland

Verified 19 October 2026 · From the programme's own pages

Terms

Funding
NZ$30,000 First place NZ$30,000, second NZ$20,000 and third NZ$10,000 in seed capital, each with an invitation to the Venture Lab incubator
Instrument
Prize
Equity taken
not published
Programme fee
No fee The Centre for Innovation and Entrepreneurship's programmes are free for University of Auckland students and staff
Duration
not published
Cohort size
not published
Cohorts
not published
Delivery
In person
Stages
Idea, pre-seed
Sectors
Sector-agnostic
Open to founders from
New Zealand
Perks
  • Invitation to the Venture Lab incubator for the top three
  • Feedback from experienced entrepreneurs and investors
  • Networking events, drop-in sessions and expert advice from Velocity

Application dates

ClosedVelocity $100k Challenge 2026

Velocity $100k Challenge 2026: applications opened 30 June 2026 and closed 10 August 2026.

Usual timing: Entries for 2026 are closed; 2027 dates are not yet published. In 2026 entries opened on 30 June and closed at noon on 10 August.

Who can apply

  • Students and staff of any faculty or research centre at the University of Auckland
  • Entries are a business proposal for turning an idea into a venture
  • Stage: idea, pre-seed

What founders should check

  1. The programme does not publish how much equity it takes. Ask before you accept a place.
  2. It charges no programme fee.
  3. It runs in person in Auckland. Plan to be there for the length of the programme.
  4. The last window we track closed on 10 August 2026. Entries for 2026 are closed; 2027 dates are not yet published. In 2026 entries opened on 30 June and closed at noon on 10 August.

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