17th June 2010, 1:30pm
Richard's fresh business idea in mix for 50,000 prize
Richard Lallo An enterprising University of Lincoln student has cooked up a fresh idea for a healthy fast food businesses thanks to a family recipe handed down by his granddad.

Richard Lallo, a final year BA(Hons) Marketing student, plans to launch his new pasta and panzarotte bar in his home town of Loughborough after he graduates this summer. The trademark dish will be a traditional Italian pasta sauce perfected by his grandfather, Constantino, in his native Italy and passed down to Richard.

Now Richard's bold business idea, developed with support from the University of Lincoln's Enterprise@Lincoln department, has won him a place in the regional final of a national competition.

Richard is one of just three budding business stars in the Central region vying to win the 50,000 prize in the Barclays Business 'Take One Small Step' competition already beating more than 3,600 entrants to be shortlisted.

But he needs the support of the public to be in with a chance of winning because the result will be decided by a public vote. Voting, which closes on 4 July 2010, can be done via: www.takeonesmallstep.co.uk.

Richard said: "My idea for a pasta and panzarotte bar came from my Italian granddad's pasta sauce, which is better than anything I've ever tasted. My ambition is to open up a chain of outlets providing freshly prepared and healthy food that tastes great. I really believe that if people try my food, they'll come back again and again.
"A few members of my family have their own business and Im drawn to the idea of being my own boss. Winning would allow me to start up, rent premises and get the best equipment to start my business."

In total ten winners will be chosen from regions around the UK in the 'Take One Small Step' competition. Each winner will have 50,000 prize money deposited in their own Barclays Business Account.

Steve Cooper, Managing Director of Barclays Business, said: "The budding entrepreneurs in the Central region need the public's votes we'll only be able to award the cash to the most popular idea so it's all up to them.
"We know how important it is to champion local businesses so we can't wait to see which idea comes out on top. We'll be helping not only with prize money but also by giving the benefit of our business experience through sound advice."

For more information on the entries, to vote, or for full terms and conditions, go to: www.takeonesmallstep.co.uk
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