15 Oct 2008

Managing Director Shortlisted for Top Property Award

Karl Hick, MD of Larkfleet Group has been shortlisted, after many months of interviewing and report submissions, into the regional final of a national competition to win £10 million interest-free funding for his company.

Karl Hick, is in one of three regional finals for the Bank of Scotland’s £30 Million Search for a Property Entrepreneur.

The three regional winners will each win a £10 million interest free loan and will all go forward to a national final in December where the bank's overall Property Entrepreneur of the Year will be named.

To be shortlisted for the award Karl had to prove that he had strong entrepreneurial skills and discuss how he would utilise the funding.

In his bid for the cash Karl told judges: “We would be flexible in our use of the money depending on the market conditions at the time of it being available.”

As well as the £10 million loan the overall winner of the competition will also receive four days of mentoring from one of Britain’s most successful property entrepreneurs, Nick Leslau.

Nick is chairman and chief executive of the Prestbury Group, which owns real estate across the country, including Alton Towers, Thorpe Park, Warwick Castle and Madame Tussauds.

The awards dinner takes place on 22 October 2008.

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