Posted on January 3, 2017 by staff

Young tech entrepreneur secures funding for vaccine drone


A young tech entrepreneur has secured a £1,000 grant for his drone project which delivers vaccines to remote communities.

The ParaPatch won Fergus Kennedy, 21, the 2016 Young Entrepreneur Award from the Formations Company – which also allocated the three-figure funding to him.

Following his win, the Cambridge University student told Bdaily he was “thrilled” to have won.

He added: “Support from The Formations Company will enable me to continue exploring the newest and most exciting technologies.”

The cash injection will be used to develop a prototype, which will take immunisation to the world’s hardest to reach communities.

Piers Chead, founder of The Formations Company, said: “The standard of entrepreneurship that we’ve experienced is truly amazing.

“At a time of change in the UK, bright young people are naturally looking to take control of their future and make their mark, particularly on the technology, education and healthcare sectors.

“It’s fantastic to see a new generation of entrepreneurs rising to the challenge of starting a business.”

The competition was open to anyone working on a business innovation idea in higher education, and drew entries from universities across the UK, including the London School of Economics and the University of Warwick