The team behind a new business start-up programme at Falmouth University are celebrating after taking the Entrepreneurship prize at this year’s Guardian University Awards.

The university's Launchpad programme, which was partly funded by the EU and Cornwall Council, beat off competition from across the UK to win first prize at the ceremony in London.

Last December, the graduate business project won a global education award at an event in Philadelphia.

Nick Dixon, head of the Launchpad programme, said: “We are thrilled to have won this award. Launchpad has the power to transform Cornwall’s economy and the lives of thousands of people. To have the programme recognised by senior figures from education and business is testament to the high esteem in which the project, and Falmouth University, is held.”

The Launchpad programme begins in May, and the university is currently recruiting graduates to participate.