NBS/Natwest Employability Prize 2015

  The second annual Natwest Business Banking employability prize competition took place last month which was an authentic piece of assessment linked to our third year module Entrepreneurship & Small Business (3M4Y). Short listed student groups presented their innovative business plans to a business audience of the Natwest Business Advising Team. The business plans included a boutique restaurant, an insurance broker start up, a furniture import company, a Tea House, a cutting edge in-ear headphone designer and a student furnishing service.

The judging panel were impressed with the students’ presentations and Louisa Wells, Senior Lending Manager for Norfolk, Suffolk and Essex commented “The student presentations were of a very high standard and it was very difficult to select a winner”. The winning team was “Madera Furniture Company” which planned to supply Cocobolo wood furniture. Madera’s business plan was robust and also had a triple bottom line business model comprising: a like for like tree planting scheme on harvested wood, a commercial agreement with the wood furniture manufacturers and a donation of their profits to make a social impact to improve the education for the children of the community which manufactured the furniture.

The winning team, “Madera”, received £250.  They are pictured below with their Business Sponsors

Left to right: Louise Wells (Natwest), Todd Cartwright, Jo Black, Faisal Kahn, Tom Jordan and Adrian Gray (Natwest)

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The second placed team “White Monkey Tea House” received £150 and are pictured below.

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The 3rd placed team “Vita Dine” received £50. and are pictured below.

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All of the six competing teams also received certificates from UEA which also included the Natwest Business Banking logo. Faisal Khan a member of Madera, the winning team, commented, “The Natwest Employability prize was a very enjoyable and rewarding experience, it has provided me with a tangible piece of evidence that I can show to my future employers to iterate my employability skills!”

 

 

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