Enterprising Students Think Business

Published: 8 May 2003

Winners of student business competition announced

A monitor to prevent sudden infant death syndrome, a multi-layered blanket system and a trolley case with an inbuilt steering system were just some of the winners of a student business competition organised by the Scottish Institute for Enterprise (SIE) and sponsored by Scottish Enterprise Glasgow.

Over sixty students from the University of Glasgow and Glasgow School of Art participated in the Think Business competition to develop entrepreneurial ideas.

The vision of the SIE is to promote an enterprise culture that leads to a greater number of innovative ideas and business start-ups emerging from Scottish universities.

At the University of Glasgow, SIE act as the focal point for all student activities in enterprise, commercialisation and business start-up by offering business development support, workshops and competitions.

Greig Sinclair, Enterprise Advisor for the SIE @ Glasgow, said, "The quantity and quality of the entries we received was far higher than we expected. Some of the ideas have real commercial potential and there's a great chance that they will be fully fledged businesses before too long."

"Research has shown that graduates are far more likely to become entrepreneurs than other sectors of the population so exposing students to these activities can only increase the entrepreneurial stock in future years."

The competition winners won a total of £3,500 in prize money but according to one of the winners, Kyle Wright, they took more than just the money from their win. 'Being involved in the competition has given us a real insight into what's involved in starting a business as well as the opportunity to meet with likeminded students and benefit from the support network that is available when we take our idea to the next stage.'

Media Relations Office (media@gla.ac.uk)


For more information on SIE @ Glasgow activities contact Enterprise Advisor Greig Sinclair, tel: 0141 330 2626,

e-mail: greig.sinclair@enterprise.gla.ac.uk

web: SIE

First published: 8 May 2003

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