Member Article

Young entrepreneurs go green at business awards

Entrepreneurial talent was recognised in abundance at Newcastle University’s annual business planning competition, Enterprise Challenge, held at Newcastle Civic Centre.

Now in its 8th year, the competition, organised by the University’s Careers Service and sponsored by Accenture, handed out a series of business awards, many with an environmental focus.

The RMT new trader business plan award went to Jack Payne and Robert Grisdale of ‘Whipbikes’ for their innovative business bringing sustainable travel in the form of pay as you ride bikes to Newcastle University’s campus. One hundred and fifty bikes will be launched across campus in September 2010.

As well as picking up the new trader awards, the duo were also given the green light by the audience, winning an interactive public vote on the night.

Jack Payne said: ‘This time last year we felt out of our depth, but now the Enterprise Challenge awards have given us the confidence and confirmation that following an idea you’re passionate about is well worth it! Winning both and audience and public vote is incredible – we can’t wait to officially launch the business in September.’

Queen Bee Candles were announced joint winners of the Culture and Creativity award. A team of five passionate students created the company that makes handmade beeswax candles which help to protect the environment while supporting the ‘Save The Honey Bee’ campaign. The girls are currently trading at farmers markets around the North East.

Samantha Kerrison commented: ‘We are proud to win the culture and creative award. The prize will give the business a great financial boost that will help to impact directly on our environment.’

The event was as popular as ever among the North East’s business and academic community. Lisa Hyman from the overall sponsor Accenture commented:

“Enterprise Challenge 2010 has showcased some fantastic enterprising ideas from students and graduates in the North East. It’s a delight to be involved in supporting the awards again and providing a platform for these young people to be recognized for their outstanding achievements.”

This was posted in Bdaily's Members' News section by laura fitzpatrick .