Entrants from all walks of life will have the chance to battle it out for a £1,000 grant to put towards developing their brilliant business idea, while also getting their company formed entirely for free.
Many entrepreneurs have great and innovative business ideas but struggle to get them up and running. Sometimes all that is needed is a little helping hand to get things started – and that’s what The Formations Company Entrepreneur Award is all about. The Entrepreneur Award is a business grant created to attract the brightest new talent from across any industry or sector.
To apply, all that is needed is entrepreneurial flair and a truly great business idea. You could be a student, a mum or a business enthusiast, wherever you are from in the UK and whatever you do, if you have that special business model, The Formations Company want to hear from you.
The winning entry will take the grand prize of a £1,000 business grant and have their limited company set up for free. As the award is in partnership with Barclays, the winner will also receive an invaluable start-up package including professional guidance and mentorship to help turn the business idea into a reality.
Last year’s winner was Fergus Kennedy, a 21-year old Cambridge University Student. His business idea, ParaPatch, a social enterprise concept in which immunisations are transported to remote locations via drone technology impressed the judges for being unique, ambitious as well as potentially life saving.
Speaking at the time, Fergus said “I’m thrilled to have won – support from The Formations Company will enable me to continue exploring the newest and most exciting technologies”.
For the chance to get those business ideas off the ground, apply by visiting: www.theformationscompany.com and fill out the application form. The deadline for applications is 30th June 2017.
The Formations Company has worked with nearly 300,000 UK companies to aid with the technicalities of company formation. The Formations Company offer a range of services and packages, including a 100% secure online process which has been refined so start-ups can be incorporated in as little as three hours.