A team of budding entrepreneurs has achieved national recognition after taking part in a prestigious business competition.
The team of four students from Teesside University impressed judges with their entrepreneurial skills in the National Apprentice Challenge held at Aston University in Birmingham.
At the end of the two day event after competing in a serious of rounds designed to test their entrepreneurial and business acumen, the Teesside team, who are all active members of the University Technology and Enterprise Club, was placed second out of the 20 universities which competed.
The first day of the event consisted of a computer simulation which mimicked running a real life business with the students having to choose how they invested their money and competing against the other teams for their share of the market.
On the second day, teams had to design a marketing strategy for a real life company which they had to pitch to judges with the teams graded on how they used their budget to the best effect.
The Teesside team consisted of Chemical Engineering students Sadikul Haque and Aidan Moore, Product Design student David Donaghue, and Mechanical Engineering student Bjoern Graeser.
Aidan said: “The event was a fantastic experience.
“I think one of the reasons we did so well, was that we all worked very well as a team.
“We just looked at the information in front of us and very quickly grasped what was the most sensible way forward.”
Bjoern added: “The event was also an excellent opportunity to meet other students and to network.
“Although we were in competition with the other teams, it was a very friendly atmosphere and were able to make new contacts and develop new skills throughout the weekend.”
Andy Price, Head of Enterprise Development and Education, said: “We’re absolutely delighted that the team has done so well in this extremely prestigious competition.
“At Teesside University, we encourage students, from all disciplines, to consider the importance of entrepreneurism. It’s a vitally important skill whether you are going to work in the private, public or third sector.
“Bringing together students in a team like this and pitting them against other universities is an excellent way of refining and developing those skills.”
Teesside University is holding an open day on April 1. If you would like to learn more about life as a student at Teesside University visit www.tees.ac.uk/visitus