University of Bath School of Management University of Bath School of Management

Strong business ideas at entrepreneurship competition

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Enterprising minds came together at the MBA Entrepreneurship in Action Competition on Friday 18th May. Five teams from the full-time and executive MBA programmes at the University of Bath School of Management presented their business ideas to a panel of judges in hope of winning a £3,000 first prize or £1,000 second prize, both generously donated by Santander.

The winning idea was 'My Kirana Online', an online platform for grocery shopping in India. It was presented by full-time MBAs Teruaki Fujihari, Deepika Gupta, Lina Jayyusi, Nilesh Patil, Karthik Ramachandran, Puneet Saxena and Rie Watanabe. Second prize was awarded to 'It's My Money', presented by executive MBAs Dan Brutto, Huw Davies, James Lewindon, Sean MacDonald, Simon Manasseh, Mike Prince and Chris Woon.

Each team had to give a 15 minute presentation of their idea, followed by a 45 minute questioning session from the judging panel which included Simon Bond (Director of the Innovation Centre, Bath and module leader for "Entrepreneurship in Action"), Margaret Heffernan (Bath Entrepreneur in Residence and guest speaker on the module), David Maher Roberts (CEO, The Filter) and Simon Whyatt (Santander Corporate Banking). As well as the judging panel and members of the School and MBA administration staff, the audience also included current MBA students.

An awards ceremony was held in the evening, including buffet and drinks and presentation of prizes to the first and second placed teams.

Winning team member Karthik Ramachandran said:
"The competition and the module itself has definitely been one of the key highlights of the Bath MBA. The experience has been invaluable and made us give serious thought to the business plan and look at taking it forward. The mentoring, coaching and feedback sessions by the judges and throughout the module have been beneficial to strengthen the plan and increase the value of the work done as a team. The competition gave us a chance to see some great business ideas - thanks to all!"

Margaret Heffernan said:
"Every year, the business plans get stronger, more imaginative and better conceived. I'd love to see this year's winner go off and start the company!"

Notes for editors

The MBA Entrepreneurship in Action Competition follows on from the Entrepreneurship in Action MBA module.

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General Notes For Editors:

The School of Management is one of the UK's leading business schools. Currently ranked 1st for Student Experience (Times Higher Education 2015) and 1st for Business Studies (The Times & Sunday Times University Guide 2016), we are a leading centre for management research - placed 8th in the UK in the latest REF2014.

We are one of a select number of international business schools accredited by EQUIS, the European Foundation for Management Development's quality inspectorate and the Bath MBA has been accredited by the Association of MBAs (AMBA) since 1976.

The centrality of research to teaching is an essential feature of all our programmes. The School offers a full range of programmes from undergraduate to postgraduate up to PhD level and post-experience programmes including the world-ranked Bath MBA. The School also provides tailored executive development programmes for middle and senior management.

The School of Management has a faculty of over 100 teaching and research staff, including visiting academics, with a professional support team of around 90 managerial and administrative staff. Research income averages £2 million per annum. There are approximately 2,400 students in total comprising some 150 MBA students, over 500 Master’s students, 250 full- and part-time research students, and over 1500 undergraduates following BSc degrees.