Telegraph: Young British entrepreneurs are launching a new website to house spare business ideas that can be developed by anyone that finds them interesting. James Murray Wells, the twenty four-year-old multi-millionaire founder of www.glassesdirect.co.uk, and Oli Barrett, founder of new ideas company Connected Capital, are behind the venture. It will be launched this week and is called IdeaVolcano.com

More than 100 entrepreneurs and business advisers have already signed up to the site during its testing phase. Mr Murray Wells said all the entrepreneurs he encountered had more ideas than they could handle and the site would allow them to realise their potential. "There’s a lot of people with good ideas and lots of people that are looking for good ideas," he said. "That’s what we are hoping to do with Idea Volcano, putting these people together."

Website will help entrepreneurs to develop business ideas [Telegraph]

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