THE 2018 edition of Aberystwyth University’s student enterprise competition has been launched, with a £10,000 prize on offer to the winning entry.

InvEnterPrize, now in its fourth edition, offers entrepreneurial students an opportunity to pitch their ideas to a panel of distinguished, successful Aberystwyth University alumni chaired by Prof Donald Davies of Imperial College, London.

The successful entry will be able to invest its winnings in equipment, facilities or professional services to turn an invention or business start-up idea into reality.

Also up for grabs this year will be free office space for one year at the Aberystwyth Innovation & Enterprise Campus, which is offered for proposals for the bio-sciences, life sciences and agriculture sectors.

Entrants will be able to seek expert advice and attend a series of workshops and presentations led by successful entrepreneurs as they develop their final bids, gaining valuable advice on the way.

A short list of finalists will be invited to present their business propositions to the panel of judges in a Dragon’s Den-style event on Monday, 19 March.

Prof Davies said: “We are looking for a spark in our potential winner or winning team; foremost the idea needs to be unique and achievable but we also want a student or students that believe in their product and have the tenacity to see it through.”

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