“This is award will allow us to create and formalise the process by which entrepreneurs can be recognised for the real life business lessons they have learned and skills they have gained” said Neil Lewis, Media Modo Partner.

He continued, “we expect that banks, business angels, VC funds and fellow entrepeneurs will be able to use the formal accreditation to more effectively select entrepreneurs to lead their business ventures and investments and that the outcome will be a reduction of risk and higher rate of return.”

“This is a very exciting media project that will be delivered through our Rags to Wreckages brand – real life business advice and services to help entrepreneurs succeed” explained Lewis.

The award will be spent at a North West University or research institute.