Several budding entrepreneurs of the future gathered at Lancaster and Morecambe College’s Coulson’s Restaurant to pitch business ideas Dragon’s Den style to a group of employer mentors from local businesses.
‘The Start-Up Factory’ programme aims to develop students’ entrepreneurial, business, marketing and presentation skills.
Mathew Whelan, Jack Whitehead, Jamie Holden, Mike Fort and John Broadley, all students of the college, took turns to pitch their ideas to local businessmen Paul Morgan, Head of Telemarketing at Cannon Hygiene, Phil Tarbun of Tarbun and Company Accountants and David Morgan, who runs ‘The best of Lancaster’.
The expert panel of businessmen are acting as employer mentors for the students and will be providing on-going guidance over the next couple of months to help develop the student’s respective business ideas.
Phil Pond from Scarlet Opus was also a guest speaker at the event and stayed on to watch each of the students make their business ‘pitch’.
Stuart Rimmer, Director of Quality and Enterprise at the College said: “The Start-Up factory is a great opportunity for our students to demonstrate their creative side, working together with local business mentors is a brilliant way to learn and develop enterprise skills, something we encourage all our learners to experience, giving them the attributes and skills to thrive in the modern workplace.”
Mathew Whelan said: “I was nervous about presenting my idea but the mentors were very helpful and gave me some great advice on how I could move my business idea forward. It was a really helpful session”.
The students will now go back and work on developing their businesses with the help and guidance of the employer mentors over the next couple of months.
The group will gather once more on April 17, where again they will be expected to make a presentation to discuss how their business ideas have developed over the last couple of weeks.