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Serial entrepreneur launches enterprise competition

5 December 2006

Local entrepreneur and Bristol graduate Mike Bennett (BSc 1997) officially launched the University's New Enterprise Competition for 2007.

Local entrepreneur and Bristol graduate Mike Bennett (BSc 1997) officially launched the University's New Enterprise Competition for 2007.

Mike set up e3media with business partner Stuart Avery while he was still a student at Bristol. Today the Internet and digital agency enjoys great success, working with the likes of Orange, BBC and French Connection. He also set up local businesses Juicy Juicy and, more recently, Goldbrick House.

Addressing staff and students from the University who attended the launch, Mike encouraged students to participate. ‘It’s great to see universities such as Bristol promoting a culture of enterprise through competitions such as this. When you set up your own business, you inevitably come across people who don’t think your idea will work so having an unshakeable sense of self-belief in yourself and your idea is essential. What the New Enterprise Competition does is allow you a platform to test your business idea as well as getting expert advice from University staff, many of whom have set up businesses of their own.'

The competition is designed to inspire new high growth business ideas and entrepreneurial talent. Launched every autumn, the competition is open to students, staff and recent graduates of the University. There is a substantial prize fund in the region of £30,000, as well as free professional advice and managed office space. 

The competition is open to graduates from the last five years, as well as staff and current students. Business plans must be submitted by 26 February 2007. The best entries, as judged by a panel of experts, will then be invited to submit full business plans.

For more information seewww.bristol.ac.uk/research/newco/competition.

' When you set up your own business, you inevitably come across people who don’t think your idea will work so having an unshakeable sense of self-belief in yourself and your idea is essential. What the New Enterprise Competition does is allow you a platform to test your business idea as well as getting expert advice from University staff, many of whom have set up businesses of their own.'