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Christopher Adams from KPMG with the winning students.Planning on Success

Four innovative students who hope to set up their own text messaging company have scooped a cash prize for the best business plan.

Left to right: Christopher Adams of KPMG with Cybernetics students Paul Shead, Randeep Kalsi, Wali Akbar and Zesham Sattar.

Wali Akbar, Zeshan Sattar, Paul Sheard, and Randeep Kalsi, operating under the name Tower SMS, won £1,500 to help them take forward their plan to the next stage.

Following the win, Wali said: "We were really pleased to win the prize and some of us intend to launch a new business as soon as we graduate."

The Cybernetics students presented their plan to launch a low-cost text messaging service for student mobile phones to a panel of judges, which included senior figures from KPMG, NatWest Bank, Bradford Business Link, senior staff of the University, and business leaders. Tower SMS won prizes for both the best financial plan and the most innovative business plan.

The competition, run by Cybernetics, was the finale to the 'How to run a Small to Medium Enterprise' module which is part of the Cybernetics Business Incubation programme.

This is the first of its kind in the UK for undergraduate students and has already generated two businesses - supplying network services, and developing and selling parts for robots.

11 February 2002

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