Congratulations to International Innovation graduates, Kyaw, Patrizia and Sebastien of Ikigai Factory limited who were awarded Duke of York Young Entrepreneur Awards last month. The Enterprise Team nominated Ikigai Factory in recognition of their hard work and success developing and taking their product REVR to market. Launched in 2017, REVR is a virtual reality solution that allows estate agents to view, manage and share virtual property tours; improving the viewing experience for customers too busy or remote to easily visit properties.
The team have written a short account to share their experience from the presentation day, where they were presented with the awards by the Duke of York himself.
In the morning of the 9th July before the ceremony we had the chance to meet with our mentor from LUEC, it was a good opportunity to catch up and to prepare for the event. At about 1pm we moved to the Buckley Innovation Centre at Huddersfield University where the other entrepreneurs from different universities from the North of England were. After setting up our stand we had the opportunity to network during lunch with the other students/entrepreneurs, and found the potential for future collaborations. Our solution also caught the attention of University representatives and a photographer present that day.
HRH presented The Duke of York Young Entrepreneur Award to the ten companies there, and at 2pm the Duke arrived and went around to the stand of each company, we were able to present our product and answer his questions regarding REVR. Meeting the Duke of York and discuss with him about REVR it was a great experience! One wisdom that the Duke shared to all young entrepreneurs resonated with us. He said “No plan survives the first contact with the enemy”.
We were honoured to be presented with the award by the Duke of York in person, this could not have been possible without the LUEC team that supported and is supporting us in our start up journey.
WorldLabs’ aim is to help ideas develop and grow by providing the funding, tools and connections needed. To celebrate the launch of their platform they are holding a competition that will award £50k to the most innovative idea from any field! The top 10 applicants will have the opportunity to pitch at a large startup conference in October. The competition is a great opportunity to gain publicity, valuable connections and an opportunity to work on and grow your idea through the platform.
‘Bringing together the region’s innovators, entrepreneurs and investors’
Venturefest North West brings together the region’s innovators, entrepreneurs and investors. It’s an ideal opportunity to connect with people from around the region, find growth opportunities and be inspired. The event is a mix of speakers, workshops, exhibitors and networking opportunities.
At the centre of the event is the Innovation Showcase Competition. The competition is the perfect opportunity for North West businesses to promote their latest products, services and innovations to an audience of potential customers, partners and funders. There are four categories – Product Innovation, Service Innovation, Digital Innovation, and Innovative Established Business. Shortlisted businesses will present at the event. Winners will receive business support packages worth thousands of pounds.
From student to business owner – Dan Ghita and the story of finding your calling through people.
Dan Ghita is a Lancaster University first degree graduate with an interesting story behind becoming a business owner. Having moved to the UK 4 years ago, he has gone from working for IBM as a salesman to crossing Europe on his bike, and most recently starting a cycling tour business. Join him to celebrate the launch of Velo Holidays and to hear how people drove him to become an entrepreneur.
Date: Monday 16th of July
Location: Lancaster University Campus, Charles Carter Building, Room A15 – LA1 4YR
Parking: Visitor Parking G – by the Management School
Food: Traditional Romanian Cuisine and drinks included.
Special on the day discount for all participants to any cycling tours provided by Velo Holidays!
If you would like to attend the launch please register here.
Fill in our feedback survey for a chance to win a £25 book token!
With the end of the academic year upon us, The Enterprise Team are very keen to gather feedback on your experiences of our activities over the 2017-18 academic year. To do this, we have created a simple, short survey which should take no longer that 10 minutes to complete. We would really appreciate your help with this, as feedback is vital to the development of our future offering.
If you complete the survey and are happy to provide your name and email address, you will be entered into a prize draw to win a £25 National Book Token. Terms and Conditions of the prize draw are outlined below:
Terms and Conditions for Feedback Survey Prize Draw 2018
The Prize and Draw
The prize will be a £25 National Book Token, this gift card is bound by its own Terms & Conditions which you can access here. We will not give a cash equivalent. Please note that contrary to the Terms and Conditions, this card must be used 24 months from the purchase date which was in December 2017.
Entries will close at midnight on the 19/08/18 and a winner will be drawn on the 20/08/18. The closing date is however subject to change. Notification through our website and social media will be provided if the date is changed.
All entries will be entered into a spreadsheet and allocated a number. A random number generator will be used to select the winner.
Our decision will be final. The winner will be notified by email as early as possible following the draw on the 20/08/18.
If the winner does not respond within 7 days of the notification email, a new winner will be drawn and the same steps will be followed until the prize is claimed.
The Enterprise Team reserve the right to stipulate further limitations in the selection of this gift card in order to facilitate a decision.
For entry into the draw you must:
Have completed the survey to a substantial level which will be of help to The Enterprise Team. The standard of entries will be determined by members of the The Enterprise Team.
Have completed the survey by midnight on the 19/08/18.
Have attended Enterprise Team activities at Lancaster University over the 2017-18 academic year, The Enterprise Team will verify each entry against records.
Participants are limited to one entry per person.
Must provide your name and email address, meaning that the completion of this survey will not be anonymous.
Founded by the Duke of York in 2014, Pitch@Palace aims to support and connect entrepreneurs and early-stage businesses with potential supporters including CEOs, influencers, panels, mentors and business partners. There will be three regional events across the country and winners from each will be invited to a bootcamp, with the final taking place in November.
The Guardian Labs and eBay are looking for 15 individuals or teams of two with an exciting new idea or one which is already in development to join their new eBay Doers scheme.
The chosen entrepreneurs will receive 10 weeks of mentorship from a leading industry expert and £500 PayPal credit to help build their business, a photoshoot for their product and additional support and promotion on eBay worth over £200.
“Creativity will increasingly be the defining human talent”
I have read a few articles recently on the importance of creativity for the future of the economy and workforce and how we need to design an education that fits future needs.
With increasing levels of mechanisation associated with advances in technology, a number of jobs are at risk of automation, even jobs such as coding will likely soon be quicker done by machines. As a result, greater emphasis is being placed on developing creativity within today’s children as this is something which machines won’t be able to do. So, whilst we should embrace and take advantage of the incredible capabilities of technology, we should also be working to strengthen our uniquely human qualities.
Two articles which discuss this topic in more depth include:
Varsity Pitch 2018 hosted by NACUE and Tata is on the hunt for the best student and graduate business ideas across the UK. The competition involves three stages including a public vote, bootcamp and grand final. Up for grabs is a £10,000 equity free cash prize, a chance to practice your pitching and opportunity for networking.
The competition is open to any current students at a UK university or college or anyone who has graduated after 2013. There are a number of different categories which can be entered – to find our more and apply visit the NACUE website.
The ethical goods market in the UK has quadrupled in size since 2000 and millennials appear more willing to pay for and choose brands doing social or environmental good. However, making money ethically is not always easy, many will not have profit at the forefront of their minds but as chief exec of Cafédirect John Steel explains, ‘financial sustainability is paramount.’ Other aspects such as recruiting the right people, who share the same values as the business are also vital.
The article is a very interesting read with a number of ethical business examples discussed, including the Big Issue, the Ethical Landlords Association and Brighton supermarket hiSbe. You can read the full article on The Guardian’s website.