A former King Edward VI Grammar School pupil has been selected for the final of Richard Branson’s Pitch to Rich competition in a bid to receive a prize package worth £5,000.
Entrepreneur Dr Stephen Terry has been named as a finalist in Virgin Media Pioneers Pitch to Rich competition after reaching the top four in a public online vote.
Stephen will now receive the once-in-a-lifetime opportunity to pitch his business to Richard Branson and a panel of other successful business leaders in London this week for the chance to win the prize.
Stephen is hoping that he will impress the panel of business experts including Jamal Edwards, founder of SBTV and Virgin Media Pioneers success story, Thea Green, founder of Nails Inc, Tarik Malouf, founder of Hummingbird Bakery, and Rob Hamilton, founder of Instant Offices.
Stephen said: “I am overwhelmed by all the support I have received from friends, colleagues and the local community and am thrilled to be named as one of the finalists in the Pitch to Rich competition.
“This is an unbelievable opportunity. I just hope Richard and the rest of the panel believe in my business model as much as I do and want to help me take my business to the next level.”
He attended King Edward VI Grammar school between 1971 and 1975 when the headmaster was Mr Whitney.
He then went on to study Engineering at the University of Liverpool.
Stephen, who runs TCK Engines Ltd, has invented a new crankess engine which should cut all fuel bills in half and has designed a LPG gas injection system which reduces total fuel consumption on diesel engines by as much as 20 per cent, with improved exhaust emissions.
Sir Richard Branson, Pioneer-At-Large of Virgin Media Pioneers and founder of the Virgin Group, said: “I always look forward to judging the Pitch to Rich final as it gives me a wonderful opportunity to meet a host of interesting aspiring entrepreneurs.
“It’s a real privilege to be able to help talented people achieve their goals and I am impressed by the tenacity and creativity of the finalists. I wish them all the best of luck.”
Last year’s winner, Dan Watson from London, designed SafetyNet, a sustainable fishing system designed to help juvenile fish escape during the trawling process.
Virgin Media Pioneers was founded by Virgin Media in 2010. Today, the free peer-to-peer network supports 5,000 entrepreneurs, providing mentoring, advice and opportunities.
To find out more about the Virgin Media Pioneers or to enter, visit: www.virginmediapioneers.com or @VMPioneers #VMPitch2Rich