Promising business ideas including a new way to buy music have won top awards at an annual University of Wolverhampton ceremony.

Students were asked to submit a business outline for an innovative idea for the Bizcom Awards and seven were selected to present their concept before a judging panel.

Scooping first place and a £1,000 cheque in the Business Enterprise category was Charlotte Fardon, from Wednesfield, who is studying a Foundation Degree in Music Industry Practice. Her business plan focused on offering an innovative retail music service, operating from hairdressers and beauty salons, called Music HiLites.

The second prize winner and the recipient of a £500 cheque was MSc Sport and Exercise Sciences student Nico Kolokythas, 36, from Wolverhampton, who plans to establish a website for sports science support, called ithinksport.

Awarded first place in the Social Enterprise category was 35-year-old Ased Naseem, from Birmingham, who is studying an MSc CAD & Construction. His Great Uni Booksale idea, which is an opportunity to buy and sell text books at organised sales twice a year, clinched the £1,000 prize.

The second prize in this category was £500, which was awarded to Pschology and Sociology student Lukasz Rzymyszkiewicz, 21, and his idea for Polhelp, a translation service aimed at the Polish community in the UK.

Steve Moore, from the Institute for Innovation and Enterprise (IIE) at the University, presented the awards at the ceremony. He said: “In the current climate, the University of Wolverhampton is pleased to support all of our students who are looking to secure their own future through starting innovative businesses.”