We are delighted to announce the sixth year of awards under the College’s annual entrepreneurship competition, which aims to encourage students, researchers and alumni to convert their creativity and knowhow for sustainable commercial and social benefit.
The Entrepreneurship Prize competition was established in 2014 with a gift from Stuart Lyons CBE (KC 1962) and culminates each year in the ‘Lyons Den’, where finalists present their full business plans to an expert panel.
This year’s top prize, with a value of £20,000, has been awarded to Perfexia Health, and a £10,000 second prize went to Caravaggio’s Chair.
Perfexia Health
Presented by undergraduate student Mikka Alon (KC 2017), Perfexia Health have developed DocMe®, an API technology which can measure, monitor and help manage chronic conditions (such as hypertension) from a 15-second selfie. The technology, which makes use of computer vision and convolution neural networks, has been designed to enable remote consultations for patients without access to wearable devices – a particular problem during the pandemic.
Caravaggio’s Chair
Graduate students Stephane Crayton (KC 2014) and Shirley Lo (KC 2019) presented a design-based enterprise, working mostly with furniture. On receiving the award, Stephane said: “From start to finish, the King’s Entrepreneurship Prize pushed us to ask ourselves questions; we enjoyed particularly talking with the panel after presenting our business plan at the start of June. The award will enable us to take our first steps towards producing a catalogue at scale. We are extremely grateful and excited for the journey ahead, and look forward to sharing our progress with the King’s community over the coming years.”
King's would like to extend special thanks to our judging Panel, whose professional knowledge and experience have been essential throughout the competition.
Thanks also to a generous donation, the College has just established The King’s Entrepreneurship Lab to equip students with business skills and support those who wish to explore a career in innovation and entrepreneurship.
If you would like to find out more about The Entrepreneurship Prize and how to enter the competition, please email: enterprise@kings.cam.ac.uk
