Budding student entrepreneurs from Edge Hill University’s Business School recently entered their own ‘Dragon’s Den’ to pitch new ideas and gather valuable feedback.
As part of the University’s Graduate Enterprise Scheme, eight teams had to present their concepts to a specially-formed panel of local entrepreneurs and managers whose job was to carefully scrutinise their ideas.
Products the students pitched ranged from photo key-rings to a local business mobile app and each team also had to submit an extensive business plan to accompany their projects.
Lead judge Alan Tickle, of Ticklemas, said: “The role of the panel was made particularly difficult by the high standard and professional delivery of all the participants in the Den. In my eyes, every team won.”
Sue Murrin-Bailey, Module Leader for the Graduate Enterprise Scheme, added: “The teams should rightfully be proud of all they have achieved since forming their businesses in October.”
Andrew Firr of Young Enterprise said: “Having attended the Dragon’s Den event at Edge Hill University I can only comment on how impressed I was with the overall standard. Innovative ideas, strong presentation and a togetherness with groups was apparent. I wish the selected teams every success at the forthcoming Young Enterprise North West Start-Up Final, taking place at the University in February 2014.”
A number of awards were presented during the event: The Best Presentation went to Beer Essentials; the Best Business Plan to Juxtapose; and Best Business Idea to Local Discounts.