Deadline: January 22, 2021

Are you a young leader with a tech-led business plan designed to meet any (or all) of the UN SDGs? Apply now for the Verizon/Unloc Young Entrepreneurs Challenge 2021. The Young Entrepreneurs Challenge is an online entrepreneurship competition looking for people aged 16 to 25, with fresh and innovative technology-led business ideas.

They are reaching out to a Pan-European audience in their search for a great new start-up business. You could win a £10,000 / €11,000 grant, a mentorship package and pro-bono support to accelerate your business idea.

Prizes

Applicants will compete to win the overall prize at the grand final:

  • £10,000/€11,000 of funding for their start-up business.
  • A mentorship package to accelerate their idea.
  • Finalist runners up will receive £1,000 of funding for their start-up business.

Eligibility

Applications will only be accepted from:

  • Individuals between the ages of 16 and 25 years on February 1, 2021.
  • Residents and/or citizens of a mainland European country.
  • Immediate family members of the judging panel are not eligible to apply.
  • Previous entrants who attended the Grand Final are not eligible to apply.

Business proposals must meet the following criteria:

  • Be legal in all mainland European countries.
  • Be either a pre-start (not yet trading); or not have been trading for more than 3 years and have an annual turnover of less than £100,000 on February 1, 2021.
  • Not have the purpose of political lobbying.
  • Be the applicant’s own idea and not infringe on the copyright, patent or intellectual property of others.

Judging Criteria

Applications will be judged on three key factors:

  • Viability
  • Sustainability
  • Technology innovation

Application

To enter the Challenge, all you need to do is submit a 60-second pitch video. The deadline for submission is January 22, 2021.

Click here to apply

For more information, visit Young Entrepreneurs Challenge.

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