A brewer, a burger bar and a men's streetwear label are among the seven finalists selected in this year's University of Auckland Business School Entrepreneurs' Challenge.

Competition chairman and Greg Cross said this year's batch of entrants fielded an impressive range of more established businesses with identifiable brands indicating the status of the competition within the New Zealand business scene.

"This year's finalists are an amazingly eclectic group of top companies that want to take their stories to the next level," he said.

"We are very impressed with the standard once again this year, and will be faced with a difficult decision when naming the winners."

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Established by London-based ex-pat financier Charles Bidwill seven years ago, the challenge offers up to $1 million in funding to be shared amongst winning New Zealand companies wanting to expand globally.

Past winners include TranscribeMe, Allpress Espresso, Jucy Group, Senztek, Neat Meat and Rose & Thorne Design.

The 2015 winners will be announced on 17 November.

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The finalists

Kapiti Coast-based Tuatara Brewing has operated since 2000 brewing true-to-style beers with a uniquely Kiwi twist.

Tuatara is now the largest independent brewery in New Zealand and wants to concentrate less on local competition and more on long-term global growth.

Auckland's Burger Burger makes fresh hamburgers, sides and shakes marketed at customers wanting ethical, nutritious and delicious food.

By 2025, the company wants to be a multi-faceted hospitality-innovating hub recognised as the most inspiring place for under-25s to work in New Zealand.

Avertana, also from Auckland, is a process technology business that has developed a manufacturing process to producing valuable industrial minerals and chemicals from inert heavy industry waste streams, all with zero waste.

The company was founded by three former Lanza Tech staff, and its products end up in a wide range of products used every day...paints, coatings, plastics, paper-making, water treatment, fertiliser and construction materials, which cost less both in terms of money and environmental impact.

Men's streetwear label I Love Ugly is another of the seven finalists to feature in this year's University of Auckland Business School Entrepreneurs' Challenge. Photo / Babiche Martens.
Men's streetwear label I Love Ugly is another of the seven finalists to feature in this year's University of Auckland Business School Entrepreneurs' Challenge. Photo / Babiche Martens.

is a men's streetwear label which markets lifestyle goods to millennials worldwide.

The label started in 2011 and has achieved significant growth in its five years, so much so that last year, it was placed fifth in the prestigious Deloitte's Fast 50.

Crimson Consulting is an education consultancy which offers programmes to help high school and university students excel.

With the help of more than 350 contractors, the organisation assists the students with their applications to top universities in the United Kingdom and the United States.

Read also: Crimson Consulting flush with new funds

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Auckland's Supreme Meats and NZ Deli is a fresh meats and small goods supplier servicing market segments including FMCG, Food Service, Toll Manufacturing, and the hotel sector and butcher shops.