THREE BUDDING ENTREPRENEURS RECEIVED SPECIAL PRAISE FOR THEIR BUSINESS PLANS BACK IN OCTOBER
While every young business entrepreneur that attended Your Lightbulb Moment back in October last year will have taken away some much-valued advice, there were some that received some prizes as well.
TICK THE BOX
In the Tick the Box room, 30 young men and women pitched their business ideas and plans to Margaret Mountford and an expert investor panel, with winners chosen from the morning session and the afternoon session, who both won an iPad mini.
Morning session winner: Ruth Baidoo
Ruth, 25, from Brentwood in Essex, is a dental care student who has a business idea which will help to support sustainable toothcare internationally.
“I got the chance to pitch my idea to Margaret and she was really nice, not at all scary,” she said.
“It was just like an informal chat and she gave me good advice and ideas about my business.
“It’s really given me the encouragement to push myself and look at ways to get the business off the ground.
“The best bit of the day wasn’t just winning the iPad mini, but meeting so many people to network with. It has given me a great deal more confidence.”
Afternoon session winner: Nphesah Dayle
Nphesah, 25 from New Addington in Croydon, pitched her natural skincare product with its ‘magic ingredient’ which helps clear up eczema – developed through her own research to find a way of healing her eczema condition which badly affecting her face and arms.
Her company, Precious Stones, is already selling through word of mouth with products she makes herself in her kitchen. She has already market tested it and at a recent trade show sold out of all her 250 samples.
She is now determined to take her business to the next level.
“When I started this journey I was just thinking about my own skin and didn’t see it becoming a company, but now I realise it was a business idea,” she said.
“I’m going on a course to learn some business skills and with all the support I’ve had from this event. This is going to be my full time job from now.
“I’ve been given the support to really push myself and make a success of this.”
Theodore Pang, 24, originally from Singapore but now living in Cambridgeshire and studying at University College London, won lunch with Tim Campbell for winning the MyKindaCrowd Challenge, which took place before Your Lightbulb Moment and looked for innovate ideas for fundraising for Concern Universal.
His winning submission centred on student volunteers organising marketplaces in their universities or schools, which allow fellow students to buy and sell second-hand items for free. Value-added services (eg direct help by volunteers to sell or publicise the items) will help raise funds for Concern Universal's skill development effort and therefore promote literacy in developing countries.
He also pitched this idea to Margaret Mountford in the Tick the Box room.
“Margaret was really amazing. She gave me some great ideas and suggested I look at developing the business as an online transactional one,” he said.
“The day was definitely very motivational. I loved the event. Everyone was so supportive and it was a really exciting and meaningful day.”