Strathclyde University Incubator Managing Director Gill MacAulay invited to sit on judging panel for esteemed business enterprise competition, the Converge Challenge.
Gill MacAulay was a judge at the 2014 Converge Challenge, which took place on the 30th September, at the Edinburgh Conference Centre in Heriot-Watt University. The Converge Challenge is Scotland’s premier business competition with a top prize of A?60k, funded by eight Scottish universities and the Scottish Funding Council. The aim of the programme is to give students and staff from all Scottish Universities and Research Institutes the chance to exploit the commercial potential of their inventions. It presents an opportunity for entrepreneurs to develop business skills, build confidence, and learn from some of the country’s most successful entrepreneurs.
Gillian was joined on the panel by the chair, Meryvn Jones, Dr Douglas Anderson, Professor David Milne, Anton Ziolkowski, and Robert Higginson. Her selection as a judge was due to her wealth of experience in supporting over 100 start-ups and providing business development advice: primarily in the areas of finance, grant assistance, business planning and marketing.
The winner of the top prize of 60k was Savitur Metrics, founded by Claudia Chen. Savitur Metrics aims to become a leading global supplier of monitoring technology for effective quality control across pharmaceutical and chemical plants around the world. The Savitur metrics team (Claudia Chen, Ian Stevenson and Suresh Thennadil) are planning to target a A?100m market within this sector and will spin the business out from the University of Strathclyde in early 2015.
In second place was Muhammad Sadiq from the University of Dundee with his company Ultravizion, a medical device Active Needle technology that allows clinicians to see standard medical needles in colour during ultrasound guided needle procedures, and in third place was Alexander Ward and colleagues, Jack Barraclough and Clifford Hicks from the University of St Andrews. Alexander’s company, Razorbill Instruments, produces a machine capable of precise movement at the nano-scale to be used in microchip manufacturing, physics and biomedical research.
Gill found it a very tough job to judge the young businesses, but enjoyed hearing from fresh new talent.
by Kimberley White