Lancaster Team wins Environment Competition
Story supplied by LU Press Office
A team of young researchers from Lancaster University and the Centre for Ecology and Hydrology have won a national competition for environmental entrepreneurs.
The Environment YES (Young Entrepreneurs Scheme) - sponsored by the Natural Environment Research Council - is an innovative way of raising commercial awareness among postgraduate students and postdoctoral scientists.
Teams are allowed to assume a technical breakthrough in an environmentally related technology, so they have some intellectual property (e.g. a patent), with which they can then plan a new business. However, the rest of the business plan must be based on reality, which means real market research and real costs. The team must then pitch their theoretical business plan to a group of 'investors' to raise the necessary finance to start up their business.
This year's team undertook three days of intensive training in Oxford. During this they presented a business plan based on a novel conductive polymer, enabling high efficiency low cost solar cells to be produced for home electricity generation.
The team was presented with a cash prize and a trophy following the final of Environment YES's sister competition, Biotechnology YES in London on 3rd December.
Team member Stephanie Sdepanian said: "The competition has been a great opportunity to further understand the possible applications of environmental research within the business sector and the means by which resulting technologies can be used to benefit the wider public. It has been a steep, exciting and highly informative learning curve, that we would not have had the chance to experience otherwise."
Thu 13 December 2007
Lancaster University computer scientists are at the forefront of a UK-wide BBC initiative launched today to inspire a new generation to get creative with coding, programming and digital technology.
Tue 07 July 2015
Over 200 pupils from eight schools across the North West got a taste of what it’s like to study STEM subjects at Lancaster University.
Wed 01 July 2015
An engineering student has received an award in the Institution of Mechanical Engineers Mechatronic Student of the Year contest.
Wed 10 June 2015
Lancaster University’s work to support businesses and the economy has been recognised by the inaugural Educate North Awards.
Fri 05 June 2015