Budding UK technology entrepreneurs can realise their innovative ideas through a new Royal Academy of Engineering award aimed at 16 to 25 year olds, which offers a once-in-a-lifetime opportunity to be mentored by business leaders.
The winner of the new Launchpad Competition will receive one of the most valuable UK awards for young entrepreneurs in the technology sector – the JC Gammon Award – which is designed to help cultivate the next generation of entrepreneurs by encouraging young people to think commercially early on in their careers through training and mentorship.
The winner will become a member of the Academy’s Enterprise Hub, an initiative that sees some of the UK’s leading technology entrepreneurs and business leaders pledge their time to mentor the country’s most promising start-ups and SMEs. More than 100 volunteer mentors, who are Fellows of the Academy, have pledged their time to the Hub.
Joining the Hub and utilising the networks of the prestigious Royal Academy of Engineering will give the winner of the Launchpad Competition the opportunity to make a lifetime’s worth of high value business connections. The winner will also receive £15,000 to help catalyse their start-up business.
Within the first year of launching their business, the Academy will also invite the winner to pitch to a number of leading UK business angels and angel groups, with a view to securing further interest and investment.
Interested? Apply by Monday, 30th June 2014.
For further details and to apply go to the Royal Academy of Engineering Launchpad website.