Etailer Is Chosen As Britain’s Best Entrepreneur

Times Online:

Internet retailer The Hut Group has won the Bank of Scotland Corporate’s £35m Entrepreneur Challenge, beating six other regional finalists to the fiercely contested prize.

The nationwide hunt for Britain’s best entrepreneurial business reached its climax during a packed award ceremony at the Royal Courts of Justice in London.

In addition to the £5m of interest-free funding for up to three years, The Hut Group won four days of mentoring with famed entrepreneur Sir Tom Hunter.

The Cheshire-based company’s co-founders, John Gallemore and Matthew John Moulding, expressed their surprise at winning the overall final just two weeks after picking up the regional prize.

“I feel numb. I’m so shocked I’m shaking,” said Moulding. “It’s quite an emotional thing. My dad flew in from Canada, so it’s great he could be here to see it.”

Gallemore said The Hut team had not been counting on success after seeing the quality of the other finalists.

“Everyone on our table was going through the finalists and agreed that almost every one of them could win it. It was pretty depressing.”

The mentoring prize would make a big difference to the company, said Moulding.

Logo from The Hut.com.

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