Re-starting the business plan

I thought of the idea for the business back in January 2005. During my masters I took a module on Enterprise and my group needed an idea. We got a pretty good mark for the plan and its presentation to a scary bunch of business gurus and we entered the plan into a business competition run by the universities in the north east. We made the final but had to drop out because people were either too busy with other coursework or were not fully committed to the idea. Over the course of the year my housemate persuaded me to consider going into business for real. Suffice to say we are both now working on the idea pretty much full-time.