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

Bath team beat off stiff competition to win Hong Kong Entrepreneurship prize

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Bath team wins Hong Kong entrepreneurship competition

A team of University of Bath students have been crowned overall champions at the inaugural Hong Kong Entrepreneurship Competition external website, hosted by LSE Students’ Union.

The team of six University of Bath students won a £3000 cash prize, courtesy of HSBC, beating 33 other teams including those from LSE, Imperial and UCL.

The competition was launched to bridge the gap between UK-based students and business opportunities in Hong Kong. Hosted by LSESU, Hong Kong Public Affairs and Social Service Society, with support from the Hong Kong Society, the competition aims to foster an awareness of entrepreneurship.

The teams were required to create an original business proposal, based on the unique business environment in Hong Kong. The four best entries were then asked to present their business proposals in the final part of the competition, held on 21 March 2014.

In the final round of the competition, only four teams were shortlisted to present their business plan at HSBC’s offices in Canary Wharf.

Steven Ka Chun Lai, team leader, described Bath’s business plan:

“Our business plan proposes a mobile Health Check service called CycleCare. The target market is people aged 45-74 on the outlying islands of Hong Kong. This enables our business to access those that are seldom visited by healthcare professionals, meaning that they suffer the worst in terms of health inequality. This is an initiative designed to improve island residents’ life expectancy and reduce health inequalities by engaging people in the islands about health risk factors, whilst also improving identification of such risks in patients.”

“We were assigned a mentor, Florence Cantle,  who is the Programme Manager for the Planned Care and Long-Term Conditions Service Re-Design at an NHS Clinical Commissioning Group. She has amassed experience at senior levels within the NHS and she really helped us a lot!”

The organisers said “We believe this competition serves not only as a learning platform for ambitious young entrepreneurs but also allows them to get to know better this energetic and cosmopolitan city, which is one of the three main global financial centres.”

The members of the team were:

Commenting on the skills and experience gained as a result of taking part in the competition, the team said:

“We’ve learned how to analyse data and gather information to produce a logical and convincing business plan. We also had the valuable opportunity to have Florence Cantle, an experienced and knowledgeable professional, to provide comments and advice for our business plan. This competition was definitely an advantageous and rewarding experience for all of us.”

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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.