February 2016, Brighton, Sussex:
Nick Musto wins Young Start-up Talent Brightons 50k prize fund for 2016
by Sussex & Surrey PR Agency Media Word Waves
SEALIFE Brighton, with the help of Avensys AV played host to Young Start-up Talent’s eagerly anticipated Brighton and Hove showcase where it was revealed from the glass bottom boat that University of Sussex student, Nick Musto, has been awarded this year’s £50k prize fund. The 22 year old, whose app – Radar is designed to allow students to save money on nights out said “The process has been incredible. I’ve learnt so much and had a blast. This is an app made by students for students, I’m very proud.”
The initiative, which is aimed at 16-25 year olds who want to start up their own business, gives away a £50k prize fund worth of business products and services which are donated by some 34 local businesses to the winning entrepreneur each year in order to kick start their business.
Winner Nick Musto with YST founders Matt Turner and Lorraine Nugent
Gary Chown of NatWest, judge and headline sponsor of the initiative said “I’m thrilled to see such a high standard of businesses enter this year. This truly stands as a testament to the fantastic young talent we have across Brighton and Hove and look forward to working with Nick.”
The process for Nick and the other finalists got serious back in December 2015 when applicants where whittled down to eight promising hopefuls who participated in a speed networking event where the young entrepreneurs took the plunge and faced a group of business professionals. Dan Simpson of Hartley Fowler and judge said “It’s been really interesting to see the variety of personalities and business ideas develop from the beginning through to the final process which has all been very impressive.”
The Sealife Centre arcade was occupied with contestants impressive industry stands, created with the help of YST sponsor – Face Media Group. Jim Cunliffe said “This is our first time working with Young Start-up Talent and it’s been fantastic. What we offered each of the contestants was a print pack to support them for the showcase so we’ve been working closely with them and really learnt a lot about their businesses, they’ve been absolutely fantastic.” Among the finalists were:
Sussex University students Joseph Chan and Phillip Streicher who branded the experience “Extremely inspiring.” Entered the initiative with Augmind, a company trying to make affordable and portable neurofeedback to treat ADHD and anxiety.
Jasper Menzies, who came to the den with his product, JazPouch; a multi-purpose, custom, handmade leather pocket pouch.
The youngest contestant Adam Patel at age just 14, who stormed the Den with his business, Chit Chat Celebrations, a publisher and distributer of quality greeting cards and crackers for all faiths and cultures.
BACA students; Jordan Back, Tristan Kibble, Callum Sexton and Robbie Down, who are passionate about using their business to educate the gaming community through video games themselves.
Supporting their fellow entrepreneurs were YST alumni and finalists from across the South East. Nicky Salazar from PSD Ice Art who provided an outstanding Ice Sculpture for the evening, said “I’m pleasantly surprised by the talent of the young people, their ideas, enthusiasm and just how mature they are for their years. Seeing these young, smart people wanting to set up their own business is very encouraging to others.”
Guest speakers for the night delivered their speeches beside some of the aquariums most majestic creatures from the famous glass bottom boat. Speakers included Ben Towers – listed recently as No1 Teen Entrepreneur in the Times, Martin Hess Director of Hewlett Packard and Max Leviston – General Manager of the Sealife Centre Brighton who said “I think entrepreneurial spirit is relevant everywhere. It’s great to encourage this kind of talent from the earliest age. It was really tough to come to our decision but I’m really pleased with our worthy winner.”
Penina Shepherd of Acumen Business Law said “It was a very difficult judging process, it wasn’t easy to find the winner because they were all brilliant. When the winner was announced it was great to see the joy along with the prospect of so many opportunities ahead of them.”
To find out more visit www.youngstartuptalent.co.uk. You can download the Radar app today on android and iOS. (Radar: Brighton’s Best Guide).