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Sarah Bright, Student Enterprise Administrator, Chris Spencer, 4th year Maths student and Emma Weston, 4th year Politics and Economics student show off the beer mat entries
Sarah Bright, Student Enterprise Administrator, Chris Spencer, 4th year Maths student and Emma Weston, 4th year Politics and Economics student show off the beer mat entries
The beer mat entry forms
The beer mat entry forms

Internal News - 13 October 2008

Got the wow factor? Enter the Student Business Plan now

Applications are being taken this week for the Student Business Plan Competition 2009. To enter, simply fill out a beer mat with your idea on the back before the end of the day on 15th October and you could win £1,000.

The competition is open to all University undergraduates, postgraduates and alumni from 2006 onwards. Test your business ideas in the initial part of the competition and if you get past the second round, you’ll be given a mentor to help you develop a business plan.

The competition consists of four rounds: beer mat, ideas, plan and pitch. No one will be knocked out of the competition until the end of the plan round. You don’t have to enter all the rounds and you can join the competition at any point. The competition prize winner will receive £1,000.

The beer mat round is the first chance to test how good your business ideas are. Simply find a Business Plan Competition beer mat in the Plug Bar or the Enterprise office, write your idea on the back and post it in the box at either of those locations. You can enter as many beer mats as you like. The best entries will each win £5 at the competition launch. The deadline for submission is 15th October 2008.

Last year, Nilima Ajakumar, a second year mathematics student, impressed the panel of judges with her idea; Fruit Aid, a project based in Kerala, India. The program’s aim was to provide a rehabilitation programme for mothers in Kerala who have lost their husbands to cancer, by providing medical, emotional and economic support, and by helping the mothers to learn new skills for employment.

“Working with my business mentors gave me really valuable advice which helped me shape my plan, Nilima said at the time.

“The prize money will enable me to expand the scheme this year.”

Gavin Eddy from ForwardSpace, a local business innovation centre, will chair the panel of judges. The grand final will be held in the Innovation Centre, Carpenter House, Bath.

The competition is organised by the University of Bath’s Entrepreneurs Club, BANTER, and the University of Bath Students' Union and is sponsored by Deloitte.

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