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College student awarded for enterprise idea

London, 10th March 2015-. Portsmouth College student Reece Matthews has won a Santander Student Enterprise competition for his business concept which will ‘bridge the gap between learning and earning with code’. Reece has been supported by Portsmouth College on the college’s Activate Enterprise scheme (a partnership between the college and locally based social enterprise Question Me UK) which helps young people get into business with seed funding, mentoring, support and training.

Steve Frampton, Principal of Portsmouth College said “we are delighted for Reece. He really does deserve it. Portsmouth College is committed to helping develop the skills and abilities of all our students. We’re pleased to be providing a whole range of opportunities for progression such as our excellent Activate Enterprise programme.”

Reece was the overall winner of the competition which was launched at Europe’s biggest Student Enterprise Conference at Liverpool John Moores University coordinated by NACUE: the National Association of College and University Entrepreneurs. The competition involved every entry tweeting their business concept to the Santander UK team in fewer than 140 characters for a chance of winning the exclusive prize. Santander UK picked Reece’s business concept AssetLabs for its vision statement; Bridging the gap between learning and earning with code. Reece is a keen coder himself and wants to make it easier for young coders to spread their work online.

The prize comes in the form of mentorship and support from Santander executives - a valuable asset for any young entrepreneur.

Reece Matthews said: “Winning a prize from a leading bank was more than just a win - it was an inspiration to go further, aim higher and achieve more. It has made me realise that there are plenty of doors to be opened and I'm only at the very beginning of my journey. Gaining support from anyone is always positive; when it is with a successful bank it’s even more special. I look forward to working alongside them to achieve the most out of my start up.”

Nadine Hubble, student Enterprise Manager at Question Me UK and coordinator of the Activate Enterprise programme said “Reece is a brilliant example of all the wonderful things young people can do whilst studying. We wish him all the best and we will be supporting him every step of the way. We want every college to encourage enterprise and we’re hoping to implement our Activate Enterprise model in other colleges in the region.”

Simon Bray, Managing Director Santander Universities UK: “Reece’s business concept impressed us all at Santander. He will now be able to develop his vision further with the mentoring from some of our experts here in the Bank. Reece’s future as entrepreneur and businessman looks bright and we are delighted to be able to support him along the way.”

Santander Universities maintains a stable alliance with close to 1,200 academic institutions in 20 countries. This is a network where universities from all over the world can meet and engage in dialogue. More information: www.santander.com/universities

Santander Universities was introduced in the UK in 2007 and the bank is already collaborating with 77 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.  

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Santander Student Enterprise competition

Peter Rudd, finance director - Portsmouth College; Nadine Hubble, student, Reece Matthews, student entrepreneur, and Steve Frampton, principal - Portsmouth College.

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