SOFTWARE firm Rag Tag Developments Ltd was crowned winner of the 2012 Banbury Innovation Award in a special presentation at Rye Hill Golf Club in Milcombe last Thursday.
Banbury MP Tony Baldry, town mayor Tony Ilott and representatives from Banbury businesses were among those who attended the ceremony to mark the culmination of the Dragons’ Den-style contest which seeks out entrepreneurial talent in north Oxfordshire.
Rag Tag – a team of four professional independent software developers based at the Colin Sanders Innovation Centre in Mewburn Road – won more than £5,000 of business support services after its unique App, which allows users to network while they are out and about, was named the winner by a panel of business experts.
Rich Hancock of Rag Tag said the award would provide the firm with invaluable resources as it seeks to market the product.
He said: “We’re delighted to have won the competition, it was very unexpected.
“We’ve got a lot of experience designing software between us but the award will really help us with marketing, sales and the legal side of the business and all the other things which are beyond us.”
For legal reasons the visibly chuffed foursome were not giving much away about their invention, but Mr Hancock said: “It’s basically a mobile application for use in a social environment. People will be able to use it while having fun together.”
He added: “If we can make everyone involved in the awards proud of what we’ve done then we’ll be happy.”
Speech and language therapist Vanessa Rogers was nominated runner-up for the 2012 award for her iPad App which will provide high quality speech therapy resources.
Miss Rogers, who will receive more than £4,000 of professional support, said: “I’m so pleased to have been involved in the competition as it helped us to take what was just an idea and turn it into something real.”
Three further finalists will also receive prizes.