Two students at Lews Castle College won major recognition at an awards ceremony in Inverness last night. (Thursday November 23)
They took part in the University of the Highlands and Islands Business Competition 2018.
The winner of last night’s youth entrepreneurship award was Noah Stubbings who impressed with his scrap metal business plan. His award was presented to him by one of the event's guest speakers, Jamie McGowan, founder of Essence of Harris.
The @ThinkUHIbusiness competition’s Best Student Business Award went to Christine Amos her adventure activity centre idea.
This year, the cash prizes total £6,500 with additional accountancy and legal packages available too.
The competition was open for entries to any student enrolled at a University of the Highlands and Islands’ college or research centre as well as residents aged 16 years or over living in the Highlands and Islands, Moray and Perthshire.
Entrants had to have a business idea they wanted to progress or to have recently started up in business but have not been trading prior to 31 October 2017.
The competition asked four questions which required responses of no more than 2,000 characters:
- Explain your business idea – what will be special about your business; what need are you fulfilling; why will customers choose your business?
- What inspired you to think of your idea?
- Who will your customers be – age range, specific interests, mixed groups?
- What will you need to make your business idea a reality – premises, equipment, people, funding, etc?
This year, for the first time, the organisers have received funding and support from the Engineers in Business Fellowship in association with Commercial Education Trust as follows:
£3,000 Prize Fund: split into prizes ranging from £500 to £1,000 each for the top individual engineers, teams made up of engineers, or teams comprising students from different disciplines including engineers.
A mixed team must include at least one engineer to qualify for an engineering prize.
The top team or individuals are eligible to have a Sainsbury Management Fellow mentor assigned to them to offer ongoing career guidance and support. They will also be invited to select EIBF networking events, such as those held at the Royal Academy of Engineering.
Organisers give many thanks to the following for their sponsorship and support: University of the Highlands and Islands, Inverness College UHI, The Apprentice Store, Big Box Networking Ltd, Business Gateway, Engineers in Business Fellowship in association with Commercial Education Trust, Harper Macleod LLP, Impact Hub Inverness, Johnston Carmichael, Wave Energy Scotland, Wooha Brewing Company, WOW Scotland, and Wyvis Roofing.