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Young business brains take on the Dragons

Published Tuesday, 21 July 2015

East Northamptonshire's finest young business brains put their skills to the test last week at the final of the 9th Business Dragons event, hosted by East Northamptonshire Council.

The competition, organised by The East Northamptonshire College, saw teams of entrepreneurs from four local schools (Rushden Academy, The Ferrers School, Huxlow Science College and Manor School) pitch their ideas and business plans to a panel of local Business Dragons.

The 'Dragons' included Peter Waddup (Director of Scotts of Thrapston), James Maziak (Managing Director of Maziak Compressor Services Limited), Katherine Dillon (Director of Seeds of Change) and Emily Carrington (Solicitor of Borneo Martell Turner Coulston).

The final, which was held in the Council Chamber on 17 July, gave the young people the opportunity to present their original business ideas to the panel, having considered the design of the product, finance, staffing, manufacture, competition and profitability.

The Business Dragons then tested the knowledge and professionalism of each team with rigorous questioning about the benefit and effectiveness of their ideas.

The best overall winner trophy (supplied by East Northamptonshire Council and presented by the Chairman) went to Pillihod, Rushden Academy. Their idea is to produce a contact lens featuring transitional technology that would replace the need for sunglasses and could be used by companies to give to their employees to prevent glare while driving.

The best presentation trophy (supplied by Scotts of Thrapston) was awarded to Easy Roll, Huxlow Science College, for their pitch of having a contraption that aids with putting up wallpaper to make redecorating easier.

LEGC, Rushden Academy, won the best innovation trophy (supplied by Maziak Compressor Services Limited). Their idea is for a smart date sticker that can is put on food packaging and changes colour to represent the best before date, use by date and when the food item is out of date.

Chairman of East Northamptonshire Council, Marika Hillson, said:

"I never expected such a high standard of business ideas to be offered to the Dragons at this event. Each and every student should be very proud of themselves. The teams certainly gave the Dragons a run for their money, each offering a product that was useful, marketable and one I would certainly consider buying. It was a joy to see the budding entrepreneurs of the future blooming in our district. Well done to everyone."

For photographs from the event, visit our news images gallery.
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