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Asian
"live wires" pick up top business prize
(August 2002)
Afzaal
and Aftab Ahmed, founders of 3D animated puzzle company Fixits,
won the prestigious title of Shell LiveWIRE Young Entrepreneur of
the Year 2002 and £10,000 in prize monies. The
Awards, now in their 20th year, are the culmination of an annual
intensive four month competition.
Over
1000 of the best and most innovative new young businesses from across
the UK competed for the title.
After
two years gestation, Aftab [31] and Afzaal [30] founded Fixits last
year to design, manufacture and market innovative 3D puzzles for
children. They launched their first two titles 'Tiger Tiger' and
'Floating Zoo' at the main toy-trade fair only four months ago.
Their
reinvention of the traditional puzzle - which dates back to the
1760s - was met with orders from zoos to multiples and from the
UK to South Africa. They have been short-listed for the Gift of
the Year Award, and will soon be stocked in Fenwicks', Hamleys and
John Lewis stores, and have a projected turnover of £100,000
for their first year of trading.
At
the Awards Nigel Griffiths MP said: "Small businesses are Britain's
lifeblood. Not only do they contribute £1 trillion a year
to the economy, but they help to revitalise communities by creating
jobs, attracting investors and generating wealth. Shell LiveWIRE
makes young people's dreams come true by helping turn their ideas
into reality."
An
expert judging panel comprising: Nick Brooks of Shell Internet Works;
Joanna Marshall of Yo Yo textiles; Rosemary Emodi from the Greater
London Authority, Colin Wilson, former Shell LiveWIRE Director for
Scotland and Natasha Muktarsingh of The Mail on Sunday, reviewed
each finalist's business plan, as well as conducting interviews
to assess individual business acumen, potential and long-term viability.
Afzaal,
co-founder of Fixits, said as he collected the title: "This
is a huge accolade won in the face of strong competition from businesses
across the UK. Young people in Britain recognise that there are
credible and serious career paths offered by starting up a business.
Now, with services like Shell LiveWIRE, the vital support is there
to make the dreams a reality."
Congratulating
them on their win, Clive Mather, Chairman of Shell in the UK, commented:
"Competition is fierce, and the businesses impressive. Regional
finalists from the last four years have created over 2,000 new jobs
and delivered a combined turnover of £53.5 million. The Awards
recognise the best in 2002, creating ambassadors for enterprise
in the business community."
About
Shell Livewire
Young
people aged 16-30 and seeking business advice can request their
FREE Essential Business Kit, tailored to their specific business
or idea, by phoning the Shell LiveWIRE Lo-call hotline on 0845 757
3252 or by visiting www.shell-livewire.org.
The pack includes business sector profiles, information booklets
on how to conduct market research and write your first business
plan, plus listings of local, independent business advisors who
offer one-to-one business advice. Shell LiveWIRE promotes sustainable
business practices through its service.
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