November 24, 2017, by Susan Lim
Nottingham Provost Business Challenge 2017
Proposing a solid business plan that illustrates ingenuity, innovation and, most importantly, favourable profit margins that attract investors is never a simple task, and yet every year many hopefuls attempt that very challenge. The students from the University of Nottingham Malaysia (UNMC) are by no means an exception to that concept as they tested their ideas and innovative business ideas at the Nottingham Provost Business Challenge 2017. The challenge was organized by the Nottingham University Business School (NUBS) and sponsored by Ken-Rich; an established manufacturer of over 20 years that is in the industry of personal care, household detergents, car and industrial cleaning products.
The finals were recently held on 20 November at our University’s Great Hall where the finalists presented their business proposals to judges which comprised of representatives from the University and panel of judges including Dato’ Hooi Lai Lin, the CEO of Ken-Rich. The task given to the teams this year included the requirement to create and innovate a range of organic toiletry products suitable either for infants or adults which resulted in a three-hour long event participated by five teams. Each team comprising students from at least two different faculties and different schools presenting and promoting their various organic soaps/shampoos/lotions to the intrigued judges.
The aim of the competition was to offer University of Nottingham Malaysia students an opportunity to gain professional experience, and to participate in the process of real-life business projects. It was open to all students of the University, both undergraduate and postgraduate students. Apart from the ingenuity and effort showed by all five teams during their 20-minute presentations, the teams were also able to develop and showcase the actual products to both judges and audience followed by challenging questions directed at them by the judges on their business proposals.
After all the enthusiastic presentations, that resembled projects which one could find on Kickstarter were over, Dato’ Hooi Lai Lin contributed her insights and highlighted some of the key points of each of the presentations. The winning team, 1st Runner-Up and 2nd Runner up teams were then announced by Professor Chew Ging, Dean of Faculty of Arts and Social Sciences (FASS).
Congratulations to the winning teams!
1st Place: Green Nut
Kevin Kana Jacques (FASS) – BSc Business, Economics and Management, 3rd Year.
Foong Min Jie (FOE) – MEng Chemical Engineering, 4th Year.
Ong See Jia (FOS) – Masters of Pharmacy, 2nd Year.
1st Runner Up: Shealoco
Ibrahim Miflal Fayaz (FOE) – BEng Chemical Engineering with Environmental Engineering, 3rd Year.
Suma Khalid Mohamed (FOS) – BSc Biotechnology, 3rd Year.
Mariyam Imsa Shakir (FASS) –BSc (Hons) Economics and International Economics, 3rd Year.
2nd Runner Up: Sensnic
Lee Shu Ning, Rachel (FOE) – BEng Chemical Engineering with Environmental Engineering, 2nd Year.
Tan Zi Lin (FOS) – BSc Psychology, 2nd Year.
Phileon Phua Wei Soon (FASS) – BSc Business, Economics and Finance, 2nd Year.
For more information, please contact Dilip Mutum