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9 July 2012 | PR 12/131

Santander celebrates Loughborough University’s young entrepreneurs

Photo

Formula Santander Scholars with Emilio Botín, Lewis Hamilton and Jenson Button.

Loughborough University has much to celebrate following the Santander Universities Entrepreneurship Awards with finalists in both award categories – the only university to do so.

The Awards support and encourage student entrepreneurs in pursuing their business ideas. The ceremony, held at the Royal Opera House in London on 4 July, was attended by more than 50 Vice-Chancellors from universities across the UK as well as prominent figures from the worlds of finance, academia and politics.

First prize in the undergraduate business plan category was awarded to Loughborough alumnus Laurence Kemball-Cook for his company, Pavegen, which manufactures paving slabs that convert the kinetic energy from footsteps into electricity for use in low-power applications including lighting and signage.

Meanwhile, Felicity Milton’s company 1Point6 was amongst the highly-commended finalists in the postgraduate category. The international athlete and award-winning mechanical engineer and designer has developed the 3N1 Recovery and Performance Sleeve which aids the repair of lower leg muscle injury and benefits a range of medical conditions.

Ana Botín, CEO of Santander UK, was full of praise for the participants: “Entrepreneurs are the lifeblood of our economy. The creativity and commercial acumen demonstrated by the winners and runners-up have been extremely encouraging – they are the future of the UK economy and Santander Universities is proud to be able to lend its support.”

Also in attendance were six Loughborough Formula Santander Scholars who formally received their scholarships from Emilio Botín, Chairman of the Santander Group, and Formula 1 drivers Lewis Hamilton and Jenson Button.

With them was Vicki Unwin, the Head of Sport Fundraising at the University, who said: “Our relationship with Santander, now in its fifth year, has allowed the University to provide scholarships across a range of academic disciplines. The scholarships are invaluable, and have a real impact on the future of the students who benefit from them.”

Commenting on the success, Professor Steve Rothberg, the University’s Pro Vice-Chancellor for Enterprise, said: “I am delighted by Santander’s recognition of the high standards set by our student and graduate entrepreneurs. Congratulations to Laurence, Felicity and all of our Santander scholars. Santander make an important contribution to academic life at Loughborough and we are very grateful to them for that.”

−ENDS−

For all media enquiries contact:

Paula Hamill
Marketing Officer (Enterprise)
Loughborough University
T: 01509 228684
E: P.Hamill@lboro.ac.uk 

Notes for editors:

About Pavegen
Laurence Kemball-Cook launched Pavegen in 2009 and developed the technology while studying Industrial Design and Technology at Loughborough. Flexing just 5mm, Pavegen slabs absorb the kinetic energy produced by footfall, creating 4-10 watts of electricity. The energy generated from five slabs can illuminate a bus stop throughout the night. It is estimated that with heavy usage a Pavegen installation could pay for itself within two years, with each slab targeted to have a five-year lifespan. 

About 1Point6
Felicity Milton’s award-winning 1Point6 is a licensing and royalty entity. Its 3N1 Recovery and Performance Sleeve brings together three medically validated modalities into a personal, on-the-go garment enabling busy active professionals, patients and athletes to take an active role in their healthcare.

Loughborough’s Formula Santander Scholars
The six scholars who attended the Awards on 4 July were Adam Steventon, Samuel Shomefun, Adam Wilson, Jose Ramirez-Merino, Kate Maxey and Daniel Delderfield.

About Santander Universities
Through its Santander Universities Global Division, Santander has collaborated with universities for more than 15 years on a unique global initiative which distinguishes it from other national and international banks and financial institutions. The bank supports the Higher Education sector in such areas as teaching and research, international cooperation, knowledge and technology transfer, entrepreneurial initiatives, student mobility and innovation. Santander Universities Global Division maintains a stable alliance with nearly 1,000 academic institutions from America, Asia and Europe. This is a network where universities from all over the world can meet and engage in dialogue. ‘Santander Universities’ was introduced in the UK in 2007 and the bank is already collaborating with sixty British Universities and Higher Education Institutions, with agreements focused in promoting international exchange, entrepreneurial activities and the mobility of students and researchers within the network.

About Loughborough University
Loughborough is one of the country’s leading universities, with an international reputation for research that matters, excellence in teaching, strong links with industry, and unrivalled achievement in sport and its underpinning academic disciplines.

It was awarded the coveted Sunday Times University of the Year 2008-09 title, and is consistently ranked in the top twenty of UK universities in national newspaper league tables. In the 2011 National Student Survey, Loughborough was voted one of the top universities in the UK, and has topped the Times Higher Education league for the Best Student Experience in England every year since the poll's inception in 2006. In recognition of its contribution to the sector, the University has been awarded six Queen's Anniversary Prizes.

Loughborough is also the UK’s premier university for sport. It has perhaps the best integrated sports development environment in the world and is home to some of the country’s leading coaches, sports scientists and support staff. It also has the country’s largest concentration of world-class training facilities across a wide range of sports.

It is a member of the 1994 Group of 19 leading research-intensive universities. The Group was established in 1994 to promote excellence in university research and teaching. Each member undertakes diverse and high-quality research, while ensuring excellent levels of teaching and student experience.

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