The second phase of the London Entrepreneurs' Challenge 2004/5 business plan competition was held at UCL on 15 March 2005. During the day, a panel of judges representing entrepreneurs, venture capital and intellectual property experts listened to presentations from the twelve finalists in the competition. Their marks were added to those that had already been awarded for the teams' written business plans and the results were announced at Meet the Spin-Out 2005!
Intelliglass are the overall winners of the London Entrepreneurs' Challenge 2004/5
Team members Adrian Tweeddale and Lindsey Tethal are shown here being presented with their prize by the Provost of UCL, Prof Malcom Grant.
Omlidon Technologies (right) is this year's Postgraduate or Staff category winner. Team leader Christian Sarwa, an MBA student at London Business School, based his idea on technology developed at the Swiss Federal Institute of Technology in Zurich. The patented technology allows Teflon-type polymers to be delivered as melt-processable compounds, for the first time. This will enable their use in hundreds of new applications and greatly reduce costs in many existing applications.
The Undergraduate category was won by The Fruit Design Company (left) whose aim is launch a new innovative furniture design company. The first product will be a new bed that easily transforms from a single bed into a double bed or bunk beds. The secret is a patented system of spring-assisted levers that the team leader, Dan Grant, first developed while still at school.
Ulsaco (right) collected the Provost's Prize for the team that demonstrated the best combination of skills represented by UCL and the London Business School. Wael Salman led the team for UCL, with support from Kai Yip Lo (Arup - UCL alumni), Matt Fraser (LBS), Wes Rudsenske (LBS), Carlos Amador (UCL) and Axel Mewes (external). Ulsaco has developed a patented bottle design that prevents spilling for use in the oil and chemical industrires.
Dean's Prize winners, Health&Lifestyles (left), were rewarded for the best idea presented by a team mixing current members of LBS or UCL with alumni with a prize of £2,000. The team, led by Manos Stamatakis and Lucy Griffiths with assistance from Ashley Cooper, who graduated from UCL in 1983. The business is a service proposition, that aims to help train health professionals to better advise their patients on how to achieve higher levels of physical fitness.
