To qualify for entry your company must have:
1) Been founded by Graduates, Undergraduates, Postgraduates or staff of a Northern Institution.
2) The company must have won an award or been commended from its University or by an awarding body recognised by the organisers as reputable and acceptable.
3) The company must have received support in-kind or financial support from a recognised educational institution in the North.
4) The company must have traded for 18 months to 3 years and produce full accounts (ideally audited) and latest management accounts and forecasts. It must be physically registered and based in the North of England (covering the ITV regions of Granada, Yorkshire, Tyne Tees and Border TV excluding Scotland).
5) The owners will be asked to state in confidence, and in no more than 1,000 words, the objectives of the company, ownership, size, purpose, market potential, employment levels, opportunity, threats, competition and ambition over the coming 2-3 years.
6) This information will be independently verified by David Fleming, Partner in the Manchester centre of US Financial Advisors Duff and Phelps before a report is submitted to the judges.
7) Shortlisted companies will be offered the opportunity to have a promotional film made highlighting their business. This will be broadcast on a number of platforms and made available to each business to use as part of their own marketing strategy.
8) Shortlisted companies will be asked to take part in a in four-minute pitch to judges on the afternoon of the Educate North Conference.
9) After questions from the judges, each business will be scored and the results revealed at the awards dinner that evening. Each shortlisted business will receive two tickets to the prestigious awards dinner.
10) The Judges are chosen from their background in investment, academia and business across the North of England.
11) Prize money must be used for the growth and development of the business.
With a prize fund of £10,000, what are you waiting for?
"The awards were a great opportunity to not only show-case our company to a broad audience, but also a way of focussing our entire business model into a succinct pitch and test it against some tough questions from the panel,” explained last year’s winner Dean Paton, MD of Big Heritage, a Chester company engaging communities with the past.
“Beyond the prize fund, the award ceremony and conference proved to be a perfect opportunity to learn, network and listen to some inspiring speakers"
Go to www.educatenorth.co.uk/university-entrepreneurs-challenge where you can download a copy of the application form.
The deadline for applications is Friday 10th March, 2017. Companies that are successfully shortlisted will be informed on Monday 20th March, 2017.
We look forward to hearing from you!
If you require further information, please contact Alison Tarpey-Black via email@example.com.