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Entries have opened for University of Otago students for the Global Student Entrepreneur Awards, a competition to be run in Canada next year.
Successful New Zealand finalists will compete against others from more than 110 other cities around the world, for a share of a nearly $60,000 prize pool.
Entrepreneurs Organisation New Zealand chapter spokesman Lester Binns said the experience provided by the competition was invaluable to past winners.
''The GSEA awards give students the chance to compete against some of the world's most exciting, young entrepreneurial minds,'' he said.
To be eligible, tertiary students must own a business generating revenue for more than six months. Entries close on January 19.
The New Zealand winner will get a $5000 cash prize, $1000 to attend a conference and meet high-profile Entrepreneurs Organisation members.
Mr Binns said the competition criteria included social responsibility and innovation.