College of West Anglia students win top business prize
ENTERPRISING students set a shining example to win the �5,000 first prize in a business competition, which was a cross between TV shows The Apprentice and Dragon’s Den.
The students are all on a BTEC business studies course at the College of West Anglia, and their company sells scented candles through craft fairs and other outlets.
Five students delivered their pitch to the judges to explain how their company, called Illuminate, has made significant progress. They have designed a product and packing, which is now ready to market.
A team spokesman said: “This is an amazing opportunity for us, we really didn’t expect to win as everyone’s business concepts were really good.
“We are looking forward to investing in our business concept with a new display unit and hopefully some new premises so we can develop sales and expand production”.
They triumphed against nine other hopeful “businesses” when they went before a judging panel, which included Tom Harrison, the chairman of competition sponsors Morston Assets, and College of West Anglia’s Principal, David Pomfret.
The teams each received initial start-up money of �100 provided by Morston Assets. They operated their businesses for six months before going in front of the judges.
- 1 Take a look inside this £600,000 converted barn hidden in the Fens
- 2 Teenager, 19, on County Drug Lines heroin and crack cocaine charge
- 3 Plumbing ringleader who ‘traded under multiple names’ jailed
- 4 Motorists face extra time on journeys due to A141 closure
- 5 Real living wage given to frontline care home workers
- 6 Dealer flees on foot leaving drugs, cash and his bike behind
- 7 Cup winners, bumper crowds and an ex-England star amongst Fenmen success
- 8 'Most stunning' The Chase contestant takes on fresh challenge
- 9 Supermarkets issue urgent product recall after salmonella found in products
- 10 Couple up for the challenge as new high street shop launched
The winning team included Paul Matthews, Nadia Kravcova, Deividas Danellius, Viada Dockute and Maria Ntemourasavilli.