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Santander Universities Entrepreneurship Awards winners announced

Santander Universities Entrepreneurship Awards
  • Six Santander Universities Entrepreneurship Award winners unveiled.
  • Bio-Bean Limited from University College London won £20,000 Postgraduate prize.
  • 2,000 new international mobility grants for UK and international students.
  • One in four students has or plans to start an entrepreneurial venture whilst at university.

London, 2nd July 2014-. Student entrepreneurs from across the UK were today recognised and rewarded at the fourth annual Santander Universities Entrepreneurship Awards ceremony held at Santander UK’s headquarters in London’s Triton Square.

The 10 shortlisted entrepreneurial projects competed for cash prizes ranging from £1,000 for third prize in the Undergraduate category to £20,000 for 1st prize in the Postgraduate category. The six winning entries were selected by a panel of judges consisting of representatives from several UK universities and business schools and Santander.

During the event Ana Botín, Chief Executive Officer, Santander UK announced the winners of the fourth Santander Universities Entrepreneurship Awards. Three undergraduate and three postgraduate business plans received cash prizes of up to £20,000 after being selected from projects submitted by universities across the country.

The undergraduate winners were:

  • First prize: Loughborough University (Version 22 – Producers of innovative household products that solve everyday problems in ways that make people smile)
  • Joint Second prize: Kings College London (Attollo Lingerie)
  • Joint Second prize: University of Leeds (JumpIn)

The postgraduate winners were:

  • First prize: University College London (Bio-Bean Limited – An award winning green energy company which collects waste coffee grounds and recycles them into high-value advanced bio fuels)
  • Second prize: University of Edinburgh (Medicen Devise)
  • Third prize: University of Cambridge (Ocean Array Systems)

New research released today by Santander highlights the prevalence of students starting their own businesses, with almost a quarter (24 per cent) of existing students having already started their own entrepreneurial ventures or planning to do so whilst at university.

Ana Botín, Chief Executive Officer, Santander UK said: “If the UK is to compete with the rest of the world we need new ideas, state of the art products and innovative companies with the capacity to export their products and services. At Santander we know that the UK with one of the best higher education systems in the world is the perfect breeding ground for entrepreneurs and we want not only to reward but also to encourage students to dare to invent, innovate, create, be entrepreneurial.”

The Santander Universities Entrepreneurship Awards are funded by the Santander Universities Global Division and aim to support and encourage university students to pursue their business ideas. The competition is open to students from all 72 UK universities partnering with the Santander Universities Global Division. (For a list of these universities go to www.santander.co.uk/universities)1. The applicants submitted their business plans following a call for entries issued in January 2014.

Santander supports higher education through its Santander Universities Global Division, whose activities form the backbone of the bank’s corporate social responsibility programme. The bank maintains more than 1,100 collaboration agreements with academic institutions worldwide.

A list of all the universities that maintain collaboration agreements with Santander UK Universities can be found at: www.santander.com/universities.
 
Research conducted by YouthSight, 24th - 26th June 2014 amongst a UK representative sample of 2,000 full time undergraduate students.

Santander Universities
Banco Santander, through the Santander Universities Global Division, maintain more than 1,100 collaboration agreements with universities and research centres all over the world. Since 1996, Santander Universities has been the focus of the Bank's social action with an investment of more than 1 billion euros in different initiatives and university projects. In 2013, the Bank invested 142 million euros to support higher education. Further information: www.santander.com/universities

‘Santander Universities’ was introduced in the UK in 2007 and the bank is already collaborating with seventy-four British Universities and Higher Education Institutions, with agreements focused in promoting international exchange, entrepreneurial activities and the mobility of students and researchers within the network

In 2014, Banco Santander will sponsor the 3rd Universia International Meeting of Vice Chancellors, which will gather more than 1,100 university chancellors in Rio de Janeiro (Brazil) in July. Further information: www.universiario2014.com 

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Santander Universities Entrepreneurship Awards

Ana Botín with Symon Lyons, first prize, undergraduate winner.

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