Wednesday, 21 August 2019 12:57

Westpac opens $50,000 innovation challenge

By

Fifty thousand dollars is on offer in the 2019 Westpac Innovation Challenge which gives start-ups, scale-ups and entrepreneurs the chance to win and provide them with professional support to grow their businesses.

The Challenge asks entrants to create a solution using data to solve a business problem specific to one of five different sectors - micro business, energy, insurance, aged care or government.

Now in its sixth year, the Challenge explores an emerging opportunity in the business landscape and aims to identify the next generation of businesses that will lead Australia into the future.

Announcing the competition on Wednesday, Westpac notes that in 2019, data in Australia is gaining momentum through the passage of Consumer Data Right legislation and the phased introduction of Open Banking set from February 2020, which will allow consumers and third parties to access data.

Kate Cooper, Westpac Head of Innovation, said: “Data is expected to enable a new wave of product innovation from start-up businesses focused on business solutions and customer experiences across a range of sectors.

“We’re looking for innovative ideas that help businesses which operate in highly regulated or scrutinised sectors overcome unique challenges and deliver value for customers.

“A key part of the Challenge this year will be involving Westpac’s commercial and institutional customers, and enabling a platform for innovative start-ups to meet potential customers and collaborators.”

Five finalists will be chosen to pitch their idea on 4 December in front of a live audience and a judging panel consisting of:

  • Alastair Welsh – Group Executive, Westpac Business Bank
  • Dawie Olivier – General Manager, Westpac Next • Brad Delamare – CEO, Tank Stream Labs
  • David Walker – Chief Technology Officer, Westpac Group • Emma Lo Russo – CEO, Digivizer (CXO Disrupter of the year in 2018)
  • Dr. Catriona Wallace – Founder & CEO of Flamingo AI • Jamie Leach – CEO, Open Data Australia.

BUSINESS WORKS BETTER WITH WINDOWS 1O. MAKE THE SHIFT

You cannot afford to miss this Dell Webinar.

With Windows 7 support ending 14th January 2020, its time to start looking at your options.

This can have significant impacts on your organisation but also presents organisations with an opportunity to fundamentally rethink the way users work.

The Details

When: Thursday, September 26, 2019
Presenter: Dell Technologies
Location: Your Computer

Timezones

QLD, VIC, NSW, ACT & TAS: 11:00 am
SA, NT: 10:30 am
WA: 9:00 am NZ: 1:00 pm

Register and find out all the details you need to know below.

REGISTER!

ADVERTISE ON ITWIRE NEWS SITE & NEWSLETTER

iTWire can help you promote your company, services, and products.

Get more LEADS & MORE SALES

Advertise on the iTWire News Site / Website

Advertise in the iTWire UPDATE / Newsletter

Promote your message via iTWire Sponsored Content/News

Guest Opinion for Home Page exposure

Contact Andrew on 0412 390 000 or email [email protected]

OR CLICK HERE!

Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

VENDOR NEWS & EVENTS

REVIEWS

Recent Comments