Thu 28 Mar 2019

Mega-business move for WITT

WITT students will compete in the world's largest innovation and entrepreneurship competition as a consequence of an agreement signed in China this week.

Chief Executive John Snook, armed with a letter of introductions from New Plymouth Mayor Neil Holdom, visited New Plymouth’s sister city Kunming to sign a Memorandum of Understanding with Dianchi College at Yunnan University on Monday.

He is on assignment through China and India promoting WITT as a destination for international students.

The business and innovation competition – Internet Plus - is contested via the internet and has been running since 2015.

In 2017 more than 2200 universities and colleges and 1.5 million students, entered 370,000 projects into the competition. More than 800 investors, entrepreneurs and mentors participated in the selection at various levels.

Students who enter see their projects enjoy huge market exposure and they attract high investment interest.

WITT students will team with Dianchi students to enter the 2019 competition.

John Snook described the competition as “the Olympics for start-up business” with three million participants and 100 nations involved. The memorandum of understanding signed by Dianchi College president  Jie Ma and John Snook provides for both short and long term study and tutor and student exchanges.

The economic value of the international education industry to New Zealand in 2018 was $5.1 billion in 2018 and $4.8 billion was attributed to international students. Australia and China contribute 56% of the economic contribution from education exports and Chinese and Indian students make up 50% of international students in New Zealand.

 

Pictured: John Snook, WITT CE, at this weeks signing in New Plymouth's sister city