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Press Release - 05 March 2008

Student business plan competition: enterprising finalists chosen

Four student finalists in the University of Bath’s student business plan competition have been announced by the chair of judges, Gavin Eddy from ForwardSpace.

The judging panel gave the finalists constructive feedback on their two minute pitches at the networking event held at Carpenter House. The student finalists were named as Nilima Ajakumar, Alex Simpson, Chirag Gosain and Andy Liszewski.

Now the students will be mentored through the last stages of the competition by experienced business practitioners and put through a series of tests, culminating in an exciting final.

Second year mechanical engineering student Chirag Gosain, has developed his entry, the Veg Co-op, into a successful business on campus. The Veg Co-op is a cheap, local and organic box scheme open to students and staff.

Nilima Ajakumar, a second year mathematics student, was shortlisted with her idea; Fruit Aid. The program’s aim is to provide a rehabilitation programme for mothers who have lost their husbands to cancer in Kerala, India.

“The key skills I have gained from this project are beyond the scope of my course and have made a distinct impact on my career plans,” said Nilima Ajakumar, a member of the Students in Free Enterprise (SIFE) team.

Fellow finalist Alex Simpson, a third year architecture student, has been working on an online project. The website, showcases videos made by students, it currently features videos sent in from over 100 universities.

Andrew Liszewski, a third year medical engineering student has launched a new student magazine on campus called Shrapnel.

Siobain Hone, Student Enterprise Coordinator in the Students’ Union said: “This year's competition has been hotly contested with a great spread of entries across all years and academic disciplines from first years studying business to postgrads doing mechanical engineering,”

“The students and their mentors have worked very hard and the standard of business plans has been high. ”

The winner will be chosen at the competition final on 13 March 2008 at the Innovation Centre, Carpenter House in Bath city centre and will receive £1000 towards their venture.

The business plan competition is open to all University of Bath undergraduates, postgraduates and alumni from 2006 onwards. The competition is organised by the University of Bath’s Entrepreneurs Club, BANTER, and the University of Bath Students' Union and is sponsored by the Alumni Fund and Deloitte.

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