Student entrepreneurs awarded £5000 funding
Wednesday 9 March 2016
Two student entrepreneurs successfully pitched for our £5,000 Business Enterprise Student Support Scheme (BESSS) award to help them develop their businesses further.
On 25 February 2016, six student businesses pitched to a panel of judges in the hope of winning £5000. Businesses included an online university market place, a consultancy firm and a student accommodation website. The winning pitches were made by Lily Webb for ‘SiteBand’ and Josh Seymour for ‘Brandite’.
SiteBand is wearable technology that both streamlines the registration process for new construction site workers and improves health and safety, as it could potentially hold workers’ medical history and even monitor their vital signs during the working day. Lily’s innovative product has already won industry acclaim and support from Civil Engineering firm Atkins.
Brandite aims to offer a large ‘brandable’ board to venues along with a professional photographer. During the event, guests can pose in front of the board for photos. Brands will pay to have their logo placed on this board and the photos are likely to be shared on social media, bringing further exposure to the brand.
The £5,000 BESSS award can be used for:
• Creating prototypes
• Market analysis
• Or anything else the scheme panel considers relevant to forming or developing a new business
BESSS (Business Enterprise Student Support Scheme) takes away one of the largest barriers for a start-up – start-up capital. With no equity stake taken, it truly is the best kind of funding you can get. Financial support with complete freedom creates the perfect foundation on which to grow a start-up.
Applications are open once again for our BESSS funding of £5,000. The closing date is midnight on Sunday 3 April 2016. For more information and an application form, go to our Funding Page.