The Big Venture Challenge
by Startacus Admin
Following on from the success of last year’s initiative, Unltd have once again committed to the Big Venture Challenge, to help would be social entrepreneurs get the necessary capital to realise their ideas fully as well as to help 
them scale their projects or ventures.
The criteria for entry is pretty straightforward. All submitted ideas must:
- provide an innovative and scalable solution to a particular social problem or cause in England
- be less than 5 years old and have a proven performance so far or a detailed plan for future performance and growth
- have a revenue model that is both scalable and sustainable in nature
It’s also essential that there’s both a need and requirement to raise between £50-£250k in investment over the programme period for ideas to fully be realised
If you’re lucky enough to be selected to take part, there’s a pretty intensive 12 month programme ahead of you, with the specific underlying aim of helping you raise the external investment you need to get your project properly up and running.
Participants will be provided with invaluable business support and mentoring, as well as all the tools and resources needed to help them raise finance and get that all important investment. Add to that the extensive networking opportunities that will be provided and it’s clear to see why this is a pretty special prize.
There are a couple of weeks yet before entries officially open - so if you are interested, put the 8th January in your diary now!
In the meantime, you can check out all the finer details of the programme on the Unltd site as well as having a look at all the participants from last year’s scheme and with investments totalling £1.8 million, it was certainly a successful one.
If you do decide to enter, the very best of luck! We’ll keep our eyes peeled and report back on the chosen ones!
Join the Self Start society! If you like what you see here on Startacus and want to get involved yourself, why not become a member of our growing community by joining for free here!
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
The insolvency technology startup secures funding to help support the UK's most vulnerable consumers to avoid bankruptcy
Darren Hockley, MD of Delta International on how millennials may be helping businesses face the current COVID-19 pandemic
The innovative startup that's enabling businesses to connect with their customers via personalised handwritten communication
Software has become a powerful tool for businesses to harness. here are 4 software essentials your startup could adopt right now.
The Dublin-based MedTech company that is enabling remote monitoring of those with mild to moderate COVID-19 symptoms who are in self-isolation
The new FinTech platform that provides “the easy way to sell your unused and unwanted foreign cash currency at the best rates”.
In order to combat some of the impact caused by the coronavirus, many tourism focused attractions are turning to tech solutions. Here's a few!
The Trinity College spinout that has created a cost-effective hand hygiene training system teaching the WHO technique…
The lowdown on Budget Music Videos, the Belfast-based startup that will help you make a music video in a matter of minutes
BMW’s Innovation Lab next two sprints focuses on improving internal customer-led efficiencies or tech solutions that provide valuable data insights and analytics
Published on: 6th December 2012
.png)
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Cerebreon the Irish deep learning startup raises £1.5m in seed funding 31st Mar 2020 The insolvency technology startup secures funding to help support the UK's most vulnerable consumers to avoid bankruptcy
- Chivas Venture divides this year's $1m Venture Fund between 26 global Startups 23rd Mar 2020 In response to the COVID-19 pandemic, Chivas Divides its $1m No-Strings Venture Fund Between 26 Startups
- The open-source design of emergency ventilators for COVID-19 patients 20th Mar 2020 World Wide Community of over 500 designers engineers & medics finalising prototypes for safe scalable manufacture & rapid field deployment..
- Positive-ish reaction from small business and startup community to UK Chancellor’s Corona budget 11th Mar 2020 New UK Chancellor Rishi Sunak just delivered his first UK Budget. We took a look at first reactions from small business and startup leaders.
