The SU


SIFE Bath Win Student Enterprise 09

SIFE Bath Win Student Enterprise 09

Krispy Kremes go down a treat in the BANTER Shop

 Friday 20th November saw SIFE Bath become worthy winners of Student Enterprise 09

SIFE Bath wisely picked a well-known brand and a product not available in Bath. They were able to package and price the doughnuts flexibly in multiples to respond to demand throughout the day and made £440 profit. SIFE will be using the money to fund their charity projects throughout the year.

Their next fundraiser is Strictly for Charity on Saturday 28 November at 7.30 in the Arts Lecture Theatre and tickets are available from the ICIA box office and on Parade at lunchtimes. Cat Stambouzou, final year medical engineering, and project leader for the Student Enterprise '09 shop project said 'It was a fantastic experience and winners or not everyone took home something and enhanced their business skills - thanks to everyone who bought a doughnut!"

Runners up were the Winter Warmers team aka The Bath Soup Company - a team made up of three University of Bath graduates, Ed Smyth, Jason Malone and Dominic Povey together postgraduate Luke Tregidgo and Heather England from the BANTER Bath Entrepreneurs committee.

The Bath Soup Company made £380 profit and the graduates now want to make a go of the business for real. They are getting a helping hand from one of the mentors (Gavin Eddy, ForwardSpace who mentored Aptus Suits- £130 profit) who is so impressed with the efforts of the entrepreneurial trio he has offered them a start-up loan and a free stall at an event he is organising this Sunday. The St Catherine's Artisan Market is running in Frome on 29 November btween 10-2 and the boys homemade soup, bread and cakes will be on sale again.

Francine Haeberling - leader of the council - hailed the project a success at the Grand Finale on Friday 20 at the Guildhall and said the council would be supporting it again next year when she hoped it would be bigger and even better. Brian Chalker - chair of the council - whose theme this year is 'Grow Your Own' was particularly impressed with the the number of student business ideas that utilised local produce and commended The Apple Tree, Chai Cafe and The Bath Soup Company in particular and said he would be happy to have any of these businesses start up in Bath.

Siobain Hone, Student Enterprise Co-ordinator says - "Enterprise is all about creativity and risk. We offered these students an opportunity to be truly entrepreneurial and it's been very gratifying to see how they've performed and how much they've learnt. Even the teams who made a loss have got so much out of the experience that I think it's been money well spent and everyone has been full of what they would do differently next year".

For more information on the Banter Shop visit: http://www.bath.ac.uk/student-enterprise/

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