London Met’s business idea competition returns for another year.
Date: 6 March 2015
The Big Idea Challenge is back, and with it your chance to share, test and realise your business ideas.
London Met’s business incubator, Accelerator, is inviting entrepreneurial students, graduates and this year also staff, to submit their ideas. There is £30,000 in money and prizes up for grabs, with the opportunity to secure space and business mentoring in Accelerator.
Whether it’s the next million dollar idea, a desire to change the world, or the inner artist in you that sparks your interest, the Big Idea Challenge wants to hear from you.
The Big Idea Challenge calls for ideas across three competition categories – Creative, Commercial & Social Impact. They’re interested in any good ideas that could lead to a business opportunity –any of those products, services, experiences and solutions that you’ve been dreaming about!
Last year’s winner, Giorgia Bacco said: “Being part of the Big Idea Challenge has been very exciting from the very beginning.
“All the challenges we had to face in each round gave me the opportunity to structure and define my project in more detail, and proved the feasibility of my idea. I have to thank all the people involved with the competition for their motivation and guidance. And, to all the other contestants, who shared this adventure with me.”
The competition runs through four stages. The first step is to submit your idea by 9.00am on Monday 23 March through the Big Idea Challenge website.
If you’re successful on this occasion you will receive guidance and support on developing and pitching your idea in a day-long bootcamp on 27 March. This will be available to the five best ideas across the commercial, creative and social categories.
The next stage is pitching to a panel of experts on Monday 13 April. The best ideas will be made into a 60 second video pitch which will be voted on by the public.
There will then be an award night on 30 April, when the winners and participants of the Big Idea Challenge will be celebrated.
“One of the great things about the Big Idea Challenge is that your idea doesn’t have to be fully formed. By entering, you give yourself the opportunity to develop it further, and turn it into something real”, said Simon Boot, London Met’s Student and Graduate Enterprise Manager.
There is more than £30,000 worth of cash and prizes on offer. Don’t miss out on this opportunity to make your dream come true.
The deadline for entries is 23 March.