Nailsea Win a Shop judging takes place
By KenHarrison | Friday, August 23, 2013, 15:54
Shortlisted applicants have faced a panel of judges in a Dragons' Den style pitch to win a shop in Nailsea free for a year.
Six local entrepreneurs were selected from more than 30 local people who submitted their ideas to run a shop in the £25,000 Win a Shop competition being organised by the Crown Glass Shopping Centre in Nailsea.
Each of the shortlisted applicants who made their presentation was quizzed by a panel of local business people, including representatives from landlord Ellandi, Nailsea Town Council and Nailsea Chamber of Commerce. As well as assessing each idea in terms of its long-term value to Nailsea, the judges pressed applicants on their experience, business plan, and financial and recruitment considerations.
The judges will now consider the economic aspects of each pitch, and the winner of the innovative competition will be announced on September 6.
The winner will be given a retail unit in the shopping centre, free of rent and rates, for a year. In addition, they will receive free mentoring help and support from local financial, banking, retail and marketing experts. The prize is worth over £25,000.
Mark Robinson, founding partner of Crown Glass Shopping Centre landlord Ellandi said: "There were some fantastic ideas for businesses, with applicants showing great energy and vision and a real determination to succeed. The judges have an almost impossible task to select a winner."
The competition to win 15 Colliers Walk for a year was open to residents of North Somerset and Bristol aged 18 and over.
At the end of the one-year period of occupancy the winner will have the opportunity to sign a commercial lease to continue occupancy if they wish.
A number of local business specialists have volunteered their time and expertise to support the new retailer. Local mentors include Wards Solicitors, Neil Houghton Accounting, Waitrose, HSBC Bank, Ontrac advertising agency and HPR public relations.
Specialist shopping centre investment and asset manager Ellandi, which acquired the Crown Glass Shopping Centre in 2009 in partnership with Development Securities plc, has implemented a series of improvements at the centre in recent months. These include the introduction of free WiFi, and the launch of a Nailsea-focused loyalty card, as well as investing £250,000 in refurbishing the office block in Crown Glass Place, which is now almost completely occupied by local businesses.
Crown Glass has also staged a series of special events for shoppers, ranging from bellydancing displays to free pet health advice. It is also supporting local and national charities. In addition, it plays host to a Tuesday Market each week and to the monthly Nailsea Farmers' Market and Craft Market.
Keep up to date with all Crown Glass events on Facebook.com/crownglassshopping.