Status Social wins prestigious business competition
Status Social has been named as a winner in Derbyshire’s Local Business Accelerators competition. Directors Mark and Kerry Saxby faced a Dragon’s Den-style grilling in the event run by the Derby Telegraph, University of Derby and Derbyshire and Nottinghamshire Chamber of Commerce.
The entrants were initially judged on the quality of the presentation, the viability of their business, the value that Local Business Accelerators could add and the passion they had for their enterprise.
The judges said they were particularly impressed with Status Social’s knowledge of its target markets and its ambition to grow.
Status Social wins a year’s worth of mentoring from experienced entrepreneurs, free advertising in the Derby Telegraph and membership of the Derbyshire and Nottinghamshire Chamber of Commerce. The overall winners of the competition – which has yet to be decided – now go the grand final in London with a chance to be mentored by Dragon’s Den star Deborah Meaden.
This is how the Derby Telegraph had to say about the winners:
“One of the most comprehensive presentations came from husband-and-wife team Mark and Kerry Saxby, of Status Social.
Mark said: “I thought our presentation went really well and, having only seen the images on the laptop, I was surprised at how good they looked on the giant screen.
“We tried to think up all of the questions that we might be asked and then include all of that information in the presentation.
“The turnover figure was the most difficult to deal with and you see people on Dragons’ Den come up with numbers that are just pie in the sky but Kerry was brilliant on that side of things.”
The pair impressed the judges with their knowledge of their target markets, the fact that all the figures were at their fingertips and their ambition.
Having changed its name to Status Social from Status Social Media Marketing, it became a limited company over the festive period and has high hopes for 2013.
“Our first full-time employee started on Monday,” said Mark. “I’ll be focusing on Derby and Burton while she will be responsible for bringing in business from Nottingham, Leicester and expanding the business beyond Derby.
“This is one area where the mentors will be really useful because we need to set targets for our new employee and hone our business plan.”
In Derby, the firm has won business with the city’s university and will be responsible for the social media marketing surrounding the Format International Photography Festival.
Outside the city, Status Social has worked with the Institute of Directors, barristers’ chambers in Peterborough and tourist organisation Visit Cleethorpes.”
You can read more about the competition and the two other winners here.