ICON backs University business plan competition

Ideas ranging from a new way to bond titanium to the creation of a student radio station are battling it out to win a university business plan contest.

Eight fledgling firms started by students and staff at the University of the West of England (UWE) are vying for a prize worth £20,000 in its annual business plan contest.

Yesterday the eight met their sponsors. Each one Business West, accountants Baker Tilly, ICON Corporate Finance, law firm Osborne Clarke, Royal Bank of Scotland and UWE – provides cash and free advice.

Osborne Clarke’ partner Andrew Braithwaite said: “It’s good to make a difference by encouraging great new ideas, and great new entrepreneurs.”

Entrants now have until February 23rd to develop their ideas. The winner is announced on May 5. The eight are:

OPUS – portable 3D imaging metrology devices
External QA for the EU – a programme for cancer diagnostic and predictive biomarkers
PhoenixNET – Internet application for roster timetabling
Bristol Mountain Board Park – sustainable board park
Practice Law International – project to enable users to access professional
qualifications abroad
Laser Induced Superplasticity Technology (LIS Tech) new technique for
bonding titanium components
The Virtual Seen system – virtual technology for department store changing
rooms
The Hub 1449 AM – UWE student radio