Native Land has been announced the winner of the South England and Wales area final of the Bank of Scotland Corporate £30 million Search for Property Entrepreneurs.
Alasdair Nicholls, Chief Executive of Native Land, said: “We were up against some impressive competition so it’s a real privilege to have won. Facing the judging panel was an exciting experience and a great test of our competency and knowledge of the business. The £10 million funding package will allow us to become a stand alone business and begin to broaden our reach in the market. Dr Edward Wojakovski advised us to be patient and to keep our feet on the ground so we’ll heed that advice and think carefully about how to use the funding.”
Native Land will go through to the national final in December, where it will compete against the winners from two other regions across the UK for the chance to be named ‘Property Entrepreneur of the Year’. The winner will have the opportunity to benefit from four days mentoring from Nick Leslau, one of Britain’s most successful property entrepreneurs, and recent star of the ‘Secret Millionaires’ TV series.
Native Land was chosen as the winner after Alasdair presented his business case to a judging panel, featuring two well known and successful property entrepreneurs. Graham Stanley, from Moorfield Group and Edward Wojakovski, from Tonstate, were joined on the panel by senior representatives from Bank of Scotland Corporate and Deloitte.
Graham, Edward and the other judges questioned Alasdair, who displayed impressive business awareness, coupled with a strong vision of the future and the determination needed to be a top property entrepreneur.
Graham Stanley, a member of the judging panel commented: “The overall quality of presentations was very good and all the finalists ‘ticked the boxes’ of being a property entrepreneur so the decision was a difficult one, with the businesses all at different stages of their evolution. Alasdair Nicholls and Jonathan Mantovani set the business up from scratch and going alone in those circumstances was a brave move and impressed the judges. Native Land uses joint venture funding partners to support each of its projects and winning the £10 million funding package will allow Alasdair to look to the future in his own right and not need to continue the use of joint venture funding.”