Young Food and Drink Entrepreneur of the Year
by Startacus Admin
The growth in entrepreneurship in the UK has been seen across the board, but one demographic that has produced an especially high proportion of new businesses is the young.
Take for instance this inspiring tidbit; in the UK at the moment 80,000 university students are running a business of some sort alongside their studies, and 25% of these students are hoping to make a career of it when they finish their degree.
Great news you might think, but the fact remains that only around 4% of businesses created during a student's time at university will ever go on to generate enough income to make a profit.
It seems rather a shame to us that so many enterprising individuals are taking the crucial initial steps towards creating a business, but are failing to grow and develop their ideas into something more sustainable.
Young food and Drink Entrepreneur of the Year
Young entrepreneurs are creating innovative businesses across all industries, but one area in particular that is growing in popularity, is food and drink. This is where the Young Food and Drink Entrepreneur of the Year Award could come in very useful.
In what is a notoriously difficult industry to crack, the folks at fine foods wholesaler Cotswolds Fayre are to once again host their enterprise competition which aims to provide some well deserved support to a young food and drink entrepreneur, who is trying to get a foothold in this most challenging of industries.
Following on from the success of its inaugural year, which saw Chris Hannaway of ‘Overly Premium Sports’ scoop the title, Cotswolds Fayer owner Paul Hargreaves is once again offering innovative young entrepreneurs the opportunity to give their fledgling business a boost.
“The engagement with Paul and the team at Cotswold Fayre has been very useful in helping to develop the business and in turn has helped the Overly brand to find its way forward in a crowded market” Chris Hannaway
The winner will receive £1000 towards developing their business as well as a designer to lend a hand with the branding, and monthly meetings with Cotswold Fayre founder Paul Hargreaves who will mentor them on their business plan and help support them in other areas of growing their business.
Paul Hargreaves, Founder of Cotswold Fayre said: “The growing number of young entrepreneurs looking to start a business is a fantastic sign for the fine food industry. However, the prospect of starting a business with little or no experience can be incredibly daunting.”
This is the third year that the company has delivered the startup support scheme and all team are hoping that 2015 will prove to be the most exciting and diverse competition yet!
The award is open to anyone aged 16-24 who dreams of running their own food / drink business and has a great idea that they want to take forward. The closing date for applications is June 30th 2015 so get those self-starter skates on!
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 “online marketplace for accountants” aimed at helping startups and SMEs alike...
Self-funding or ‘bootstrapping’ your tech startup is one sure-fire way of avoiding many of the pitfalls of receiving large amounts of seed capital. Here's why...
The rise of automation addresses shortages of labour, creates a 24-hr manufacturing chain and negotiates potential hazardous work conditions.
The IoT solution for real-time remote detection of stowaways in the rear of vehicles, trailers or containers, or theft of said cargo.
The digital coach aiming to help improve the quality of life for people living with IBS and IBD conditions
North-East of England early-stage entrepreneurs and startups take note! North-East England startups sought for latest Ignite pre-accelerator programme.
Workplace discrimination and failure to address social mobility costs UK economy £270bn per year according to research by graduate recruitment platform Debut.
dip is a free to download and free to use shopping companion app that shows users relevant high street deals based on their hyper-location.
The EdTech startup aiming to connect inspirational teachers with those looking for something a little different
If you’re ready to take the plunge and start your dream startup business, here are some of the top UK locations worth considering.
Published on: 21st May 2015
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- North-East England startups sought for latest Ignite pre-accelerator programme 18th May 2019 North-East of England early-stage entrepreneurs and startups take note! North-East England startups sought for latest Ignite pre-accelerator programme.
- Stigma around mental health costs UK economy £1.4bn a year 15th May 2019 Stigma around mental health struggles and burnout is costing the UK economy £1.4bn a year through unexplained sick days.
- UK leads Europe in scaleup investment 13th May 2019 The UK leads Europe and are fourth in the world for scaleup investment after US, China and India, according to the Tech Nation Report for 2019.
- Energy Sector startups sought for EDF Energy’s 2019 Pulse Innovation Challenge 9th May 2019 EDF Energy’s innovation accelerator, Blue Lab are on the hunt for the best new ideas that could spark innovation in the energy sector.
