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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