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Capturing the spirit of Churchill’s intent to produce the leaders of the future, this competition seeks to identify the best business ideas of current Churchill students and recently graduated alumni.
The aim of this competition is to create an environment where Churchill students and alumni can gain knowledge and skills in whatever future direction their careers take: corporate, banking, consulting or entrepreneurship.
Open to teams or individuals, we award the winning entry £1000 and business mentoring from the board of judges. Our judges are Churchill alumni—eminently qualified and successful in diverse sectors such as investment, management, research and manufacturing.
"Since winning, our entrepreneurial journey has expanded by engaging more with the entrepreneurial community in Cambridge. We are now at the stage of complementing and finalising the patent assignment"
Learning from success and failure — what it really takes to be an entrpreneur.
What does it take to be a successful entrepreneur? What does success mean for different types of entrepreneurs? How can you develop your entrepreneurial skills? How can you access the best support and mentoring?
How can you learn from things not going to plan – as Bill Gates said, 'Success is a lousy teacher' – so how do you learn from failure? This free event at Churchill College is open to all, and will allow you to hear first hand from serial entrepreneurs, with a Churchill connection, and provide you with the opportunity to network with a community of entrepreneurs and investors from within and beyond the Cambridge high tech cluster.
The 2016 winners were Biotechspert led by Churchill alumnus David Holden-White (G14) and Graham Mills.
Biotechspert’s idea for an online platform facilitating freelance consultancy within the biotech industry was the panel’s favourite due in part to its founders persistence, but they could also see the business as ready to go now with an eminently realistic and achievable strategy.
Through the Churchill Enterprise Competition we are bringing a bit of that magic into College in the expectation that we can bolster the chances of success of specific start-up ideas and also broaden your business awareness in ways that can help you any professional capacity you take on. Think of mentoring as an “on-the-job MBA” experience —you have the opportunity to engage with a great panel of alumni and mentors as part of this programme that I really wish we would have had access to as students and recent alumni
So please look at how you could take advantage of this, however early formed your business ideas may be we are here to assist and make sense of them. Who knows what could come out of this and what we could all learn in the process. Already several students have been in touch with Board members to discuss their ideas. One things many of us know about is sources of finance for great ideas—the lifeblood of entrepreneurs.
As Chair of the Churchill Enterprise Initiative I can point to my own experience. Three years after leaving Churchill, I had one of the most transformative experiences of my career—this was the entrepreneurial management course at Wharton Business School. We were exposed to successful alumni entrepreneurs, large companies CEOs who put their success down to this course, corporate financiers and other advisers who opened our minds to art of what is possible in business. The Churchill Alumni involved in the Enterprise Initiaitive would like to create a similar opportunity for current students and alumni.
The aim of myself and the Board is to create an environment where Churchill students and alumni can gain knowledge and skills in whatever future direction their careers take: corporate, banking, consulting or entrepreneurship.
We look forward to hearing from you and seeing your proposals and the deadline for submission is 4 March 2016 and we hope to have a decision by the week commencing 25 April 2016.
The prize is £1000 including experienced business mentoring that could be valued in multiple thousands if accessed on the open market.
— Simon Jones, Chair of the Churchill Enterprise Initiative.