The University of Manchester team comprising of EPS postgrads Charles Veys, Christopher Storer, Josh Kliment, Ben Owen, Zachary Coldrick and Omar Costilla Reyes are through to the Engineering YES (Young Entrepreneur Scheme) National Finals after surviving a competitive regional heat in Birmingham last week where they pitched their business idea based on their research to a panel of experienced judges.
The team, with their novel method of being able to map agricultural land for problems such as drought, pests, diseases and nutrient shortages, came second in the regional heat and they now head to the national final at Aston Science Park in June to compete with the best from around the country for the £2000 prize presented by Lord Digby Jones.
Charles Veys said “The training was very intense and went into a lot of detail with respect to the accounts and financial projections. We were also given time on two afternoons to discuss the idea with IP lawyers, accountants and venture capitalists to help shape the model.”
Engineering YES (Young Entrepreneur Scheme) is designed to provide a residential training experience in a competitive environment for those interested in commercialising research (www.engineeringyes.org) and mentoring is provided by Dr Martin Henery and Dr Robert Phillips at Manchester Enterprise Centre (www.manchester.ac.uk/mec).
For more details or if you are interested in applying next year contact Dr Robert A. Phillips