University of Westminster Launches First Student Business Idea Competition
15 November 2018
Open to all current students, the competition has been organised by the Creative Enterprise Centre in partnership with NACUE (National Association of College and University Entrepreneurs) and is sponsored by Santander Universities UK.
A prize fund totalling £5,400 will be divided into four £500 winner prizes, eight £250 runner-Up prizes and four £350 viral idea prizes, awarded to the ideas that receive the most votes. To enter, students will be asked to upload a one-minute video pitch with their business idea or concept into one of the four categories: Digital and Tech, Maker and Inventor, Social or Environmental Impact or Freelance. To proceed to the next stage, students will be responsible for promoting and marketing their idea and encouraging their peers to vote for them.
Chandresh Meghji, Deputy Relationship Director at Santander Universities UK, said: “We are really proud to be able to support The Big Idea initiative. Our mission is to help people and businesses prosper and with initiatives like this, we can help those ideas become a reality. Our relationship with the University of Westminster goes back to 2010 and since then we have supported numerous programs and many students. We are really looking forward to seeing the best ideas come through and helping these businesses prosper. Good luck!”
The competition is not focused on finding the most developed idea or business concept but rather encourages students to explore and showcase their imagination and ability to respond to real problems, trends and needs in our modern-day society.
To enter, students must complete an online application form by 25 January to have a chance of winning one of several prizes.
About the University of Westminster:
The University of Westminster boasts a vibrant learning environment attracting more than 20,000 students from over 150 nations and we continue to invest in our future with new developments, research projects and new ideas.
We offer highly attractive practice-based courses that are independently rated as excellent, many with international recognition. Our distinguished 180-year history has meant we lead the way in many areas of research, particularly politics, media, art and design, architecture and biomedical sciences, and our position in the city of London allows us to continue to build on our close connections with leading figures and organisations in these areas as well as in the worlds of business, information technology, politics and law.
Our commitment to educating graduates for the needs of professional life attracts high quality students from within the UK and around the globe.
Internationalisation, employability and sustainability are key elements in the University of Westminster’s vision for the future and we strive to ensure the very highest standards are met and maintained.