The Next Door team created a free app available on Apple and Android devices with a two-sided platform that provides a solution for students and young people who are looking for a part-time job. On the one hand, this solves the problem for students who are looking for well-paying part-time jobs and on the other hand, it solves the problem for people who have time-consuming jobs and must balance this with everyday tasks such as domestic chores and grocery shopping.
Bills4Me is a solution (an app plus a meter) which allows users to have access to their data analytics on energy usage and thus attempts to address the problem of energy wastage by helping users in shared accommodations (like students) monitor and manage their energy usage.
While EIBC prize money is a welcome and encouraging financial incentive, the value of the competition is much more in terms of an opportunity for our students to learn how to pitch to a panel of seasoned potential investors (including Sainsbury Management Fellows) and at the same time get detailed feedback on the potential of their business ideas. This mentoring is much more valuable than the actual prize money. Many thanks to Engineers in Business Fellowship and Sainsbury Management Fellows for their continued focus on encouraging entrepreneurship amongst engineers!
Assistant Professor, Entrepreneurship & Innovation Group
University of Warwick