This week marked one of the most exciting SETsquared events of the year – The Deloitte Business Pitching Competition! Held in their London Stonecutter Court HQ, just of Fleet Street, the universities of Bath, Bristol, Southampton, Surrey & of course Exeter sent their top five entrepreneurs to win cash prize investments into their businesses. Last year one of the businesses that won the competition went on to gain a reported £100,000 pound investment into their idea, helping to expand their business throughout London – (see where they are now at The Underground Book Club). Representing the University of Exeter at this years’ prestigious event were Instabear, SoundSYNK, Macaw, Carverts and George Edwards. Arriving at the Deloitte HQ at 12 we were quickly thrown into a full networking event before being split off to present the business ideas, along with over 20 other business drawn from the other four universities. First to go was Ali of Macaw Designs, a tailor made fabric business where Ali personally designs iPad, iPhone, Kindle & laptop cases from beautiful materials for you – check out the image below!
Ali was followed by Michael of Carverts, a start up company that pays students to all businesses to advertise on their uni cars. Before Carverts handed over to Instabear, who performed an excellent pitch of their Instagram Polaroid picture printing business soon to launch! Our afternoon was rounded off by first class pitches from Tom Charman of George Edwards (a new student clothing business Rampant Sportingesk) and the SoundSYNK team (an Iphone app that synchronises devices to play music in time with one another!).
Other notable pitches came from Bath, where one student had created a personalised business to business letter writing company that had an unbelievable rate of clients opening the letters and responding. As ever Elephant Branded made an appearance along with a few other extremely impressive businesses! After a talk from a few of the Deloitte hosts the final awards were announced and we are seriously proud to say that Instabear came second! Losing only slimily to the letter writing business. Great result for the University of Exeter! I think the students got a lot out of the day, experiencing how to prepare a 5 minute investment like pitch, getting a taste for how it feels to work in a huge corporate multi-national like Deloitte as well as networking with some fantastic entrepreneurs from other universities! Great day!
On the home front things are really progressing well with MGR Music, with guitar websites going online in Sunderland, Portsmouth and Reading as well as singing websites being created for Manchester and Derby. As you can see it was a busy week, the flagship Guitar Lessons London website also made great progress this week with the final few things coming together. I will be launching the website on my 22 birthday on the 17 April 2013, very excited! Plenty to do before then, but what a week!