£10,000 to kickstart your business idea: NACUE’s Varsity Pitch Competition

Times are tough coming out of university at the moment. With an average of 52 applications to every graduate position [source] it will mean a lot of disappointment and frustration across the country. When I graduated it took 3 months to finally find this job. For a lot of students and graduates going to jobs fairs the impression you get is that getting a job with a big corporate is the only option. This is by no means the only path available to you however. Why not a career in entrepreneurship? There are many ways in which you can pursue this route in life and here is one opportunity that you wont want to pass up…

NACUE have really knocked it out of the park with a no strings attached offer of £10,000 to transform your business idea into a reality. You don’t have to be a hacker in a garage or have a 10,000 word business plan with how you’re going to shake up the property industry. All you need is an idea that you’re passionate about.

It really couldn’t be easier to enter. Simply record your video pitch, upload to youtube, and submit the entry form. Once this has happened, the good people at NACUE will review all submissions and then whittle this down to 7 businesses for the semi-finals. The final 7 will then attend a bootcamp to hone their business plan and pitch. On the final day of the competition the 7 teams will pitch live to an audience of media, entrepreneurs and investors. The night will culminate in the winner of the Varsity Pitch competition being announced. How exciting.

We’re proud by being able to say that we’ll be adding to the list of prizes that come in addition to the £10,000 grand prize. For the final winner, we’ll be offering repeated free listings on the site as well as well as a creative brief consultation. We’ll also be offering support for the 6 semi-finalists that don’t get crowned at the end of the night. For more details on the rewards from this competition see here.

This competition offers a tremendous opportunity for any aspiring entrepreneurs. You’ll make some great contacts, get some sage advice along the way and get some awesome offers thrown in as well. We’re really excited to see the entrepreneurial flare and enthusiasm coming through from the UK’s next generation of business stars.

Before you go on to submit your business pitch or if you’re unsure as to whether you should apply then watch the video below. It sums up what being an entrepreneur should be all about. It’s told me to go out in the world, build things and meet new people. Be bold and persevere no matter what the outcome.

So then. Take a leap of faith, record your video submission and wait to see what happens. What have you got to lose?

The deadline closes on the 14th October so get your entry in ASAP. More information can be found here. If anyone needs any help or advice then do get in contact with me on twitter and I’d be more than happy to help.

[Image source]

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