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Success in the 2014 North West Regional Finals

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Following the success of our extracurricular Young Enterprise Start Up programme it was seen as a positive step forward when the Business School decided to integrate it into the Level I Business Management programme working closely with the Business Gateway. The programme initially took off in September 2013 giving undergraduate students the opportunity to start a business with their classmates. The programme gave them the opportunity to come up with a business idea, research their market, make vital business links, develop their business and begin trading.  This involved local business people coming into the University to talk to the students on topics such as finance, marketing and technology, as well as setting them up with a bank account.  A number of business mentors also came in to advise and support the students in developing their businesses.  The teams had to pitch their business idea for the Regional Finals 2014 and 3 were selected to represent the University.   

Across the North West, there were 90 teams running the same module as ourselves, who also had to shortlist teams for the competition on Wednesday 26th February 2014. On the day 12 teams competed for the 8 awards available. All were assessed on their; Investment Proposals, Trade Stands, Presentations, IT skills and other awards included Student of the Year, Winning Finalist and Overall Winner. Our groups consisted of 9 Business School students who all did extremely well and are a credit to the Business School and the University.  The Business Gateway supported the development of all the teams in preparing for the competition, which included direct links to companies, when required, finding resources and assessing proposals, presentations and trade stand ideas.

‌Vanessa Peace and Daniel Ward who formed Bag Day, worked with one of our Young Enterprise mentors on a one-to-one basis. They sell bags and accessories online, face-to-face and through unique Bag Day parties. They have actually received investment from a local entrepreneur to allow them to develop a professional website for their company. This in itself has made a big difference to their business and they have gone from strength to strength. Their message to you is; ‘don’t have a Bad Day have a Bag Day.’

Our second team was Refreshers Tour, which consisted of Jian Lim, Jamie Nichols, Brad Bower, Nathan Conlan and Sam Kelly. They offer a mystery bus service night out from Liverpool to other cities in the North West within a 2 hour radius. Their passion for their business shone when presenting their model to the panel of judges. This assisted them in winning the Best Presentation Award. As a result of their determination, Marc Jones, the Director of Medication has called a business meeting with the boys to see how they can move forward and potentially work together.

Bear Mojo were our third team, which is made up of two final year Business Management students, Kirandeep Mahey and Prakash Lalwani, (our successful extracurricular team). They sell their 3 statement ranges of jewellery online and are retailing in three shops including Oman, Wales and Birmingham. Their motto is to ‘make a statement’ with jewellery. Through a successful marketing campaign they have built up a strong link for pop-up shops across Merseyside, and on the day they won the Best Trade Stand Award. Kirandeep was also nominated for the Student of the Year Award. Keep your eyes peeled for their new innovative app, Fresco.

On the whole, the day itself was a great success. All students involved were determined and goal driven and had taken risks by ‘thinking outside the box’ in today's difficult economic times, and turning their model into a business. It has been a major success for all teams to get to this stage, as all of the businesses are in the early stages, proving that anything is possible if you have the passion and desire to make it work. This also applies to all 11 teams that took part in the programme for this year. You will get your chance to meet them at our annual Trade Fair on 3rd April, 2014.

Our Student and Graduate Enterprise Officer Sarah Atherton said, ‘It has been a pleasure to run this programme within Curriculum in the Business School. Nothing beats seeing students succeed and have their hard work pay off, I am very proud of them all’.

If you would like more information on Young Enterprise and opportunities that the Business Gateway has in store for you, please contact

Carol Buckman

Business Gateway Manager

T: 0151 291 3285

E: buckmac@hope.ac.uk

Facebook: hope.liverpool.9

Twitter: HopeEnterprise

Young Enterprise

The Second Home Official Young Enterprise Trade Stand PhotoYoung Enterprise Competition regional finalists of 2012-2013 academic yearDC Gadgets trade stand at Young Enterprise Competition 2013

 

Young Enterprise is an extra-curricular activity that the chosen students participate in on a weekly basis. They are offered sessions and talks giving them practical and essential business advice. So far, the businesses have received incredible support, allowing them to develop at a phenomenal rate.

As the businesses have become more established, Young Enterprise has been able to connect each group with a mentor who provides support and advice. All mentors are very business oriented and have been chosen specifically to match with their group’s ideas.

All seven businesses have flourished as a result of the opportunities offered to them and they are now ready to start trading as actual businesses.

 

Andy Firr, Young Enterprise Development Manager for the North West, commented: 

''During the 2012/13 academic year ‘The Second Home’ company joined the Young Enterprise Start Up Programme. They have acted throughout the project as exceptional ambassadors for themselves, their company and their University- Liverpool Hope University. They were selected as representatives by their University at the Young Enterprise and Santander Regional Start Up Finals in March 2013 and were commended by all for their professional and positive attitude to their business. Their business plan was especially commended by a panel of judges representing Santander, Barclays and the Enterprise Ventures Group amongst others. ‘The Second Home’ were one of ten regional finalists from over one hundred companies which took part in the project from around the North West Region. ‘The Second Home’ have been a pleasure to work with and mentor, and we very much look forward to watching their development over the coming years. We wish them well and are proud that they chose to begin their business journey with Young Enterprise and would certainly like to welcome them back to work with us in the future.''

 

 

Further Information

For more information or to get involved, please contact:

Carol Buckman

Business Gateway Manager

T: 0151 291 3285

E: buckmac@hope.ac.uk

               

This year the Business Gateway’s Young Enterprise programme was very successful especially for Bear Mojo, they were invited along after pitching their idea to a panel of judges, submitting their investment proposal and due to overall outstanding hard work. This was reflected in the competition and they came away with the Best Trade Stand award for the North West.

Bear Mojo’s Parkash Lalwani said ‘This has been my second year in the Young Enterprise programme. The programme has developed me as an individual and given me the experience and knowledge that I would not have gained from my course alone. Liverpool Hope Business Gateway has provided great support in our business journey. They organise weekly sessions where we were able to meet individuals from different companies and gain knowledge and experience from them.  They helped us improve our business plan and directed us on the right path. Without their exceptional support, my business and I wouldn’t have reached the level we have today’. 

There were three team’s involved in this year’s extra curriculum Young Enterprise Business Start-Up programme, it is an optional opportunity for the groups to turn an idea into a business, meet mentors, develop ideas, and have opportunities to trade and compete while they are at University. Other teams that formed extra-curricular groups were Eve Howlett’s Carrot Club Events. This is a business that runs events on a unique platform that brings art lovers and creative minds together to celebrate and showcase their skills.          

You can find more information on these businesses by visiting their websites:

www.facebook.com/pages/Bear-Mojo

www.facebook.com/carrotclubevents

For more information please contact

Carol Buckman

Business Gateway Manager

T: 0151 291 3285

E: buckmac@hope.ac.uk

Celebrating Entrepreneurship with the Business Gateway

This year saw five of our curricular and extra-curricular Young Enterprise companies celebrate entrepreneurship at our Trade Fair along with 13 other start-up companies. 

You can see more of the days events on the below video.

http://youtu.be/1yTrWcsn_aU

 

For more information, contact:

Carol Buckman

Business Gateway Manager

T: 0151 291 3285

E: buckmac@hope.ac.uk