Students win 5k for flame sensor
A team of students scooped a £5,000 prize at the Scottish Institute of Enterprise national business plan competition .
Four University of Dundee students and one from University of Aberdeen presented their plan for Intelliflame - a device to monitor fires of different substances for the offshore oil industry and were awarded the runner up prize to start up their business.
Peter Traill and Paul Casey, science and engineering students and Dominic DeFranco and Matthew Miskell, in the faculty of law and accountancy joined with Medhi Khoury from the University of Aberdeen at the early stages of the competition and started throwing ideas around for a business plan. The boys took advice from Research and Innovations Services at the University of Dundee. The students are all members of the young entrepreneurs society at the University of Dundee.
Principal, Sir Alan Langlands, who is chairman of the Scottish Institute of Enterprise gave the welcome at the ceremony at Our Dynamic Earth in Edinburgh.
Carl Togneri, Director of SIE, announced the winner as Dynamic Innovations from Glasgow University. The team of four, whose business plan was developed to exploit their 'hearing test' device technology, were then presented with the top prize of £10,000 in start-up finance by Andrew Bissell, CEO of Voxar.
The other runners up were ReacTec, a three strong team from Edinburgh University whose idea is to develop an adaptive ski incorporating innovative materials that will offer skiers significant performance advantages over existing ski technology.
Connect Scotland, who managed the competition on SIE's behalf, will also offer the three winning teams the opportunity to present at their prestigious early stage investment conference, Springboard, in Dundee on 17 June.
Caption left to right Peter Traill, Peter Casey and Matthew Miskell
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