The Development stage of the New Enterprise Competition (NEC) is open for applications until next Monday 1 March.
Considering applying for the chance of winning up to £1,000? Here are the top 4 reasons why you should take your ideas to the next level and submit an application:
Funding
The competition awards winners with up to £1,000 to go towards developing your start-up and the prize money can go towards anything. Whether it be developing a prototype, building a website, or purchasing tools and materials – whatever you need to take your ideas and turn them into a reality.
‘’The competition funding will allow our community workshop space to become a reality. We considered running a Crowdfunder, but funding from the NEC takes the pressure off and means that we have enough funds to purchase essential items that will be difficult to Crowdfund for.
We are excited that this funding will mean that all elements of our enterprise can start, and that we can start working towards developing products that can allow us to become financially self-sustaining.’’ – Precious Plastic Herzeele- 2020 winners