The final of the National University Entrepreneur (NUE) 2012 competition was held at Lancaster House yesterday with four finalists competing in a Dragon’s Den competition.
NCEE supported the NUE to recognise and promote entrepreneurship in Higher Education across the country.
University of Loughborough’s Felicity Milton managed to win over the Dragons as well as the audience with 81% of the votes with her licensing and royalty entity 1point6.
Felicity faced former Dragon Doug Richard; founder and editor of Enterprise Nation Emma Jones; University of Cambridge’s Entrepreneur in Residence Professor Alan Barrell; and NCEE’s Executive Chairman David Frost.
David Frost, Executive Chairman of NCEE said “It was hugely encouraging to see the quality of business ideas that were presented to the Dragons at the Business Summit. Not only were the plans thought through but there was a real passion from the 4 finalists. This must give you confidence about the future of graduate entrepreneurship in this country”.
Paul Hannon, Acting CEO of NCEE said “What a great day at the British Business Education Summit at Lancaster House! Organised by UKTI the day culminated in the pitches of four of Britain’s brightest students to a Dragon’s Den panel including dragon Doug Richard and hosted by Michael Beurk. All the finalists focused on an Olympic Games theme. The winner, with 81% of the votes, of National University Entrepreneurs 2012, conducted by NCEE with UKTI and the University of York, was Felicity Milton. Her exciting business 1point6 aims to improve performance recovery through the application of technological advances.”
1point6 aims to license Felicity’s patented 3-in-1 recovery performance sleeve which enhances athletic performance, aid recovery and prevent injury.
The session presented by Michael Buerk saw four finalists giving a brief pitch followed by a Q&A by the Dragons.
The other finalists included University of Plymouth’s Rupert Lorraine with Mobius creating competitive sailing clothing; Sheffield Hallam University’s Andrew Thomas with Intelligent Design manufacturing high quality composite equipment for Paddlesports; and University of Sheffield’s William Bennett with Star Sports Development a sports retail and promotion company for squash and racketball.
The session can be viewed from the following links:
Michael Buerk’s introduction to the event and the Dragons – http://youtu.be/S2uNZKZ1FXk
University of Plymouth’s Rupert Lorraine pitching Mobius – http://youtu.be/c3TOqdGpug4
University of Sheffield’s William Bennett pitching Star Sports Development – http://youtu.be/FgdTd4SvGsQ
University of Loughborough’s Felicity Milton pitching 1point6 – http://youtu.be/gS7aVxKiN2Y
Sheffield Hallam University’s Andrew Thomas pitching Rapidsports – http://youtu.be/q4fovAClNIQ
Closing thoughts and announcement of the winner – http://youtu.be/9sqEZgZMegQ
A press release of this article can be downloaded here.