InvEnterPrize is Aberystwyth University’s Student Ideas Competition which is open to undergraduates, post-graduates and recent graduates. The competition rewards the entrant with the ‘Best Business Idea’
InvEnterPrize competition provides a yearly opportunity for entrepreneurial students to develop a business concept or social enterprise idea and pitch it to a panel of successful Aberystwyth University alumni in a virtual Dragons’ Den style event.
InvEnterPrize is run in conjunction with and predominantly funded by the Alumni Office (DARO) which donates a £10,000 prize fund, which is now enhanced with the EIB funding to stimulate participation from students and graduates from the Departments of Computer Science, Maths and Physics. In addition to the support from DARO, the university partners with Aber Innovation and Enterprise Campus which offers free ‘office space’ for one year to businesses specifically allied to biosciences.
Winner: Breezelabs - Thomas Breeze, Computer Science Post Graduate - £3,000 Engineers in Business Prize
Breezelabs’ core product and service is the hardware and software of advanced modular robotics that allows for highly customisable and versatile robots while being more environmentally friendly and cost-effective than today's competitors. This is complemented by our two other services, web hosting and on-demand manufacturing, to create a self-sustaining business that allows for reduced overhead costs for the software, hardware, and development for the modular robotics. The web hosting service is currently running with an expected launch date for the robotics in late 2023.
Positive Feedback
The EIBF prize of £3,000 offered as an ‘Extra Prize’ for our annual InvEnterPrize competition is a great incentive for all students, particularly applicants from the Computer Science, Physics & Maths departments within the university. It’s a significant addition and helps to raise the profile of this Student Ideas Competition within the university and wider community and is much appreciated.
Tony Orme, Careers Service, Aberystwyth University