Leading entrepreneurs launch business ideas competition

Leading entrepreneurs launch business ideas competition

Over two hundred students received inspirational words of wisdom from some of the UK’s leading entrepreneurs at an event launching the inaugural Scottish Institute for Enterprise (SIE) Business Ideas competition last night (Tuesday 4 November).

Sir Ian Wood,

Chairman of Wood Group, University of Aberdeen academic Dr Graeme Paton one of

the scientists behind DRAM a process which uses a whisky by-product to clean up

water, and Mr Alex Barton, a previous winner of the SIE Business Ideas

Competition, provided scholars from both the University of Aberdeen and the

Robert Gordon University with an insight into their thoughts on

entrepreneurship at the event held at the city's Copthorne Hotel.

The Scottish

Enterprise Business Ideas competition invites students studying in Scotland to

submit their business idea to be in with the chance to win cash prizes up to

£2000.

From a new business

or product to a way of making the world a better place, or even an entirely new

invention, students from both universities are being invited to enter the

initial regional leg of the competition before the deadline for submissions on 30January 2009.

Four finalists

from the regional leg will be chosen to compete in the national final which will

take place in March next year.  The

finalists will have the opportunity to continue their work with the SIE

Regional Business Adviser, and develop their idea further.

Janice Montgomery,

University of Aberdeen

Careers Service said: "The clear message from the speakers who

presented at the Scottish Institute for Enterprise's

Business Ideas competition launch was to have belief in your business

idea.  Don't be discouraged, don't

compromise your principles, know your market, value the people around you who

are able to help, and be prepared to fail but keep going regardless as your

idea may not just have the potential to win the competition, but also be a

hugely successful company in the future." 

Supported by

academics from both Aberdeen

universities, the launch was the starting point for a whole range of

entrepreneurial events designed to encourage students to think about business

start up as an alternative to working for others at the end of their degree

programmes. 

Future events

include an Enterprise Summit in the Beach Ballroom on the 2nd December which is

open to all students in Aberdeen, Inverness and Dundee.  Registration

for this event which is also open to interested academics is online at http://summit.sie.ac.uk .

The Scottish

Enterprise Business Ideas competition is open to both

postgraduate and undergraduate students. 

Entrants must submit their own details, the idea for their business and

the kind of customers who might be interested in their product or service, on

no more than one page of A4 and send it by email to href="mailto:sie.intern@abdn.ac.uk">sie.intern@abdn.ac.uk</a> before 30 January

2009.

For more

information on the competition visit www.sie.ac.uk

or Janice Montgomery, University

of Aberdeen Career's

Service on 01224 273053 or email href="mailto:j.montgomery@abdn.ac.uk">j.montgomery@abdn.ac.uk</a></strong></p>

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