Success Stories Enterprise Liverpool Hope University,Enterprise,Student and Graduate Opportunities,Student Opportunities,Young Enterprise

Success for Hope teams at Young Enterprise North West Regional Finals

Liverpool Hope University Business Management students at the Young Enterprise Regional Finalists 2014Following the success of the University’s 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 three were selected to represent the University.

Across the North West, there were 90 teams running the same module, and the also shortlisted teams for the competition on Wednesday 26th February 2014. On the day 12 teams competed for the eight 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. Liverpool Hope’s groups consisted of nine 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 the University’s 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.

The 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 two 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 the University’s third team, made up of two final year Business Management students, Kirandeep Mahey and Prakash Lalwani. They sell their three 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 for more information:

E: buckmac@hope.ac.uk

T: 0151 291 3285

Facebook: hope.liverpool.9

Twitter: HopeEnterprise




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