Tuesday, 24 May 2011
A Malvern student who created a business around a race car simulator has been named the University of Worcester Business School’s Most Promising Young Entrepreneur of the Year.
The Award is based on student performance in the Small Business Management Module, and was won by Philip Jolley, who received a prize donated by the Federation of Small Businesses (FSB).
Philip, aged 31, who is in his third year of a Business Management and Accounting degree at the University, was chosen for the award based upon the high standard of his work.
“I’m quite astounded to have won this award,” he said. “It’s really nice to even have been put forward, but to win is really amazing.”
Philip has developed a business under the SPEED (Student Placements for Entrepreneurs in Education) programme using a race car simulator which is taken to corporate events on a pay-per-play basis.
Mark Richardson, Head of the University’s Business School, said: “Philip has been an excellent student. This award is in recognition of his hard work, dedication and commitment to his studies. I’m sure Philip will continue to be a great success in his future business ventures.”
Runner-up in the award was Mohammod Anish Miah, a 23-year-old student from West Bromwich. He had established an online business called printurstyle.com, where visitors can personalise T-shirts and other items.
Mohammod said: “It’s a real honour to receive this award. It’s a great achievement for me.”
Last year’s winner of the FSB award, Catherine Griffiths, is now employed by Enterprise Rent-a-Car and said she had been head-hunted by firms on several occasions.
The Federation of Small Businesses (FSB) is the UK's largest campaigning pressure group promoting and protecting the interests of the self-employed and owners of small firms. Formed in 1974, it now has 215,000 members across 33 regions and 230 branches. FSB has a vision of a community that recognises values and adequately rewards the endeavours of those who are self employed and small business owners within the UK.