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ANZ Launches Innovation Challenge

ANZ Launches Innovation Challenge
July 08
17:57 2017

Students have the unique and innovative ideas, but hardly get the opportunity to showcase their ideas to the world.

On this aspect, the Australia New Zealand Bank yesterday launched the ANZ Pacific Innovation Challenge with the aim to collaborate students and industries.

This initiative will see university students, leading software experts, designers and entrepreneurs collaborate to accelerate digital innovation in the Pacific.

ANZ regional executive pacific, Tessa Price, said it would be the first in Fiji and the region.

The challenge is being spearheaded by ANZ in Fiji in partnership with the University of the South Pacific (USP), Fiji National University (FNU), University of Fiji, Telecommunications Fiji Limited (TFL), Vodafone, STANDSS, Software Factory, DATEC and Paradise Beverages.

“We’re looking for innovative, digital solutions that will benefit the lives of people in the Pacific,” Ms Price said.

“This is where ideas are born and we’re excited about the collaboration to find solutions for progress by drawing on the talent, resources and thought leadership of our strategic partners and students.”

Professor Shaista Shameem from the University of Fiji said the challenge would be an opportunity for students to meet and network with stakeholders.

“This initiative will help students prepare themselves for employment so it prepares them leading to the transition period between now and work.”

She said they were looking forward to see what the students would come up with.

The good part is that the best idea will be awarded and this will be implemented by ANZ.

At the end of the day, students are also contributing to the community.

Dr Anjeela Jokhan, from the University of the South Pacific, said this was one of the few chances that students get which would enable them to network and communicate with business experts and also a good form of exposure.

The challenge will start on August 5 at the Grand Pacific Hotel.

Teams of students will spend the day formulating solutions to the opportunity statement with coaching support from partners.

The opportunity statement is “Digitalising the Pacific – uncovering barriers to the uptake of digital channels in the financial ecosystem, to help our people and communities thrive.”

Experts and mentors from partner organisations will help teams fine tune their pitches to be presented to a panel of judges at the end of the day.

There will be prices and all intellectual property, including software copyright developed by students as part of the challenge, shall be owned by students themselves.

ANZ has held similar events in Australia, New Zealand and Asia to create platforms for digital innovation and social change.

Edited by Karalaini Waqanidrola



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