The Prize Pool
Entrants in the Competition are competing for a share of a prize pool valued at more than £30,000. Boom.
The total cash prize fund is £3,750 in Startup funds – cold, hard cash that you use to develop or advance your idea. Divided into £750 for each Category Winner, plus an additional £750 for the overall Grand Champion Winner
(selected from the Category Winners by an independent judging panel)
Two shortlisted Ideas will receive a shiny new website each worth £2500
built by Lucidica, our amazing corporate competition partner.
Big Idea Challenge finalists may also be awarded free places on our Summer Launchpad, an intensive 12-week start-up programme commencing in June 2021.
Business incubation & office space
Up for grabs is prestigious office space and the opportunity to be part of a community of startups at Accelerator, London Met’s business incubator in Shoreditch.
Logo & brand package
Up to three logo and brand development packages for selected entries (valued at £800 each).
One to one mentoring with members from our corporate partners.
Everyone’s a winner
Yep – even if your idea is not one of this year’s winners, by entering you’ll receive preferential access to support programmes (such as Quickstart) designed to help make your idea a reality!