Venture Further news

Thursday, May 05, 2016

MANCHESTER ENTREPRENEURS VENTURE FURTHER WITH £50K CASH BOOST

Eight Manchester entrepreneurs have been awarded a slice of a £50,000 cash prize through Manchester Enterprise Centre’s Venture Further competition, to help drive progress in their start-ups. 

Venture Further invited students and researchers from the University of Manchester, as well as recent alumni, to present their business proposals and pitch decks to an expert judging panel. The competition offered an opportunity to win a vital cash injection to help realise their business goals.

Four winners, each receiving £10,000, were selected across the business, research, digital and social categories by a panel of enterprise and business professionals in both the academic and private sector. Four runners up in each category also received a cash injection of £2,500 for their business.

Forty four entries were submitted to this year’s awards programme and the winning entries were:- 

• In the business category, Maximum Wind Ltd – software which accurately predicts the best location for on-shore wind farms  
• In the research category, CryoPhyc Ltd – a new method of microalgae preservation through freezing
• In the digital category, MishiPay Ltd – an app which hopes to change the way we shop with the absence of queues
• In the social category, SocialGrowth – a social enterprise network and social entrepreneur consultancy


Martin Henery, Venture Competition Director at the Manchester Enterprise Centre, said: “Venture Further provides students with invaluable business experience. Regardless of whether they win, they are put through their paces explaining how they intend to develop and grow a successful, sustainable business to a panel of business and commercialisation experts. 


“We were incredibly impressed with the standard of entries from all our finalists this year and we’re confident that, like the many Venture Further finalists before them, this year’s winners will go on to make great achievements through their highly successful ventures.”

This year’s Venture Further competition was sponsored by Waters Corporation, Manchester Science Partnerships and CMS Payments Intelligence.

For more information, visit: www.manchester.ac.uk/venturefurther 


ENDS
Media contacts:
• Charlotte FitzGerald: cfitzgerald@webershandwick.com / 0161 238 9400
• Gemma Clulow: gclulow@webershandwick.com / 0161 238 9400


Images and quotes from the finalists available on request.



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