Outstanding potential awards
Two special awards were made to recognise the outstanding achievements of two companies founded by recent Loughborough graduates.
Having benefitted from experiencing first-hand the entrepreneurial ecosystem at MIT where they participated on an exchange, Alex Nash (Alcuris) and Chris Ruddock (INCUS Performance) started developing their businesses during their final year studying Product Design Engineering. Their potential was recognised through the University’s business idea competition and, having graduated with first-class degrees, they launched their businesses on LUSEP, the University Science and Enterprise Park in 2016.
With an Innovation Award from Innovate UK initiating the start-up process, fast forward to May 2019 and they have raised in excess of £2M investment and created 25 highly skilled technical jobs, rising to 32 by the end of this year.