Centre for Entrepreneurial Learning

Cambridge University Entrepreneurs triumph in international business plan competition

Five teams of entrepreneurs from around the world competed for cash prizes, international exposure and venture funding in the Next Generation Entrepreneur Forum (NGEF) Business Plan Competition.

The teams had ten minutes to pitch their ideas to a panel of internationally recognised entrepreneurs, followed by five minutes of intense Q&A from the panel and the assembled conference of two hundred. The University of Cambridge won first place with the grand prize of €1,000 going to Cambridge student venture TouchSight.

"I am delighted that the overall winner, TouchSight, is from Cambridge," commented Rahul Vohra, President of Cambridge University Entrepreneurs. "Building on their success in the Cambridge University Entrepreneurs £1k Business Ideas Competition and the Varsity Pitch, TouchSight have emerged victorious over teams from Monte Carlo, Michigan, Brussels and California. TouchSight will bring real change to millions of blind and visually impaired people across the world."

TouchSight have developed a unique mobility aid for the blind and visually impaired. The glove-based system, called the TouchSight Vision Mitt, enables the user to 'sense' their surroundings using ultrasonic sensors and vibration feedback actuators, providing a low cost alternative or supplement to guide dogs or white sticks.

Pete Davies of TouchSight commented: "We have learnt a huge amount about entrepreneurship and have met amazing people from around the world with similar interests and great connections. We have come across several opportunities to help us take our business to the next stage. We are now taking steps to build more prototypes and bring the product to market."

The Gold Sponsors of Cambridge University Entrepreneurs are the Greater Cambridge Partnership, PA Consulting, the Cambridge Angels, 3i, ARM and Filemot Technology Law.

Notes for Editors

  • Centre for Entrepreneurial Learning (CfEL)
    CfEL aims to spread the spirit of enterprise to the University of Cambridge and beyond by delivering a range of educational activities to inspire and build skills in the practise of entrepreneurship. The Centre collaborates with over 200 experienced entrepreneurs, innovators and other practitioners to provide relevant, credible and practical training.
  • Cambridge University Entrepreneurs
    Cambridge University Entrepreneurs organise the most successful student run business planning and creation competitions in Europe. Since 1999, CUE has had over 450 entries and has awarded over £280,000 in grants to 31 business ideas. These companies have raised more than £15m further funding and are currently valued at more than £30m. The CUE competitions help you create global companies. Find out more »
  • Sponsors
    The Gold Sponsors of Cambridge University Entrepreneurs are the Greater Cambridge Partnership, PA Consulting, the Cambridge Angels, 3i, ARM and Filemot Technology Law.

Contact

For more information, please contact:

Rahul Vohra, President
Cambridge University Entrepreneurs
+44 (0) 7904 920171
rahul.vohra@cue.org.uk

Emma Yap, External Relations
Cambridge University Entrepreneurs
+44 (0) 7872 946278
emma.yap@cue.org.uk

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