Thursday, 19 August 2010
99p Shopper Featured Startup In Todays NACUE Newsletter
Featured Start-up: 99p Shopper
Within the 70+ societies that NACUE engages, are some of the hottest young start-ups in the UK. In this new feature, we profile one university start-up each week and highlight how membership of the university’s enterprise society has benefited the founder(s). Our Featured Start-up today is: 99p Shopper
99p Shopper has been recently launched by Leicester student and serial entrepreneur, Suleman Sacranie on his 21st birthday. The website, which will compete with high street discount shops, will offer food and household products for just 99p. “The website will have everything you can find in Tesco’s, but it will all be 99p,” said Suleman. “It’s cheap and gives an alternative to people who are on low incomes. The new business is akin to an online version of Poundland, but with a difference.
Recalling his days growing up in his farther’s cornership, Suleman hopes his business will help families, students and other struggling in the current economic climate. Suleman is now in talks with a large supermarket chain over plans to create a discount version of the partnership bewteen Waitrose and online retailer Ocado.
Suleman first caught the public eye in 2009 when he pitched to BBC Dragons Den for his previous business ZS Media Tech, which worked to steer young people away from knife and gun crime. From his appearance and the subsequent exposure, he was able to secure a £50,000 deal from an American investor.
To learn more about 99p Shopper visit the website: www.99pshopper.com
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