The New Enterprise Competition’s (NEC) award-winning Growth Support Programme (GSP) is open for applications.
The NEC is a year-long programme that offers you the chance to build your dream business, taking it from an idea scrawled onto a pub napkin, all the way up to a sustainable, successful, and profitable business.
What does it all mean?
After the initial Ideas and subsequent Development Stage, the final Growth Stage begins. It’s the highest point of the competition, where you will be competing for up to £20,000 in funding for your business.
The New Enterprise Competition drew to a close this year at our celebration event. Route Zero were crowned the winners of the Growth stage, winning £10,000 plus 12-months incubation at SETSquared.
RouteZero was founded by Computer Science graduate Albie-Baker Smith and his co-founder Dan Brown with a mission of stopping catastrophic climate change through their platform which helps individuals and organisations switch out high-emission travel for greener journeys.
“The UK has just experienced its hottest temperatures on record, and winning the competition provides us with the opportunity to attack one of the UK’s highest emission sources: travel. We’d like to say a massive thank you to the New Enterprise Competition and the University of Bristol for catalysing RouteZero’s potential. The investment allows us to accelerate our work with customers and deliver them journeys that are Green, Anywhere, Anyway.”
Albie and Dan- RouteZero
The Ideas stage for the New Enterprise Competition is open for applications for another week. For the opportunity to test out your idea by pitching to us and to win up to £200 in equity free funding, what have you got to lose?
We caught up with Shabaj, who created the Success Program, a sports journaling app, which was awarded funding from the Ideas stage of the Competition last year.
In a nutshell, what is your start-up idea and where did the idea come from?
I’m working on a sports journaling app that allows individuals to track their weightlifting performance and provides customers with a quantitative measure of how their training programme is impacting their performance. Having our customers reflect on what they achieved on their last workout allows them to compete against themselves from one workout to the next.
The aim of the game is progression, but how can you know if you are progressing if you aren’t tracking your results?
I’m not the strongest person in the gym, by far. Often, if I push myself more than I am physically capable of and I get an injury. I got tired of repeating the same mistake and started to record my workouts in a notebook. However, I got fed up with flicking through the pages to find what weights, reps and sets I should do. I also lost more pens in the gym than most students do in three years at university. So I decided to build an app to think and carry less in the gym.
Have you always been interested in entrepreneurship? What inspired you to get into it?
I let my curiosity direct where I put my attention- which has its own set of pros and cons! My journey into entrepreneurship is more self-centred than most. From the projects I worked on, I always had a personal connection with problem I was trying to solve. Since I couldn’t find a product or service that met my needs, I would find out how I can create my own solution. If I have that problem, someone else might too.
The UK’s first women’s urinal showcased their first prototype at Bristol Comedy Gardens at the beginning of the month and following the news of their win, have been making headlines across the UK, gaining 60 million views of their business since winning the competition:
Co-founder Hazel McShane said: ‘’Winning the competition has given us the opportunity to follow our dream for pee-equality. I want to give a massive shout out to the New Enterprise Competition and Basecamp team who have shown us support and encouragement from day one. The funding and recognition has lit the fire beneath PEEQUAL and we are now so excited to get our PEEQUAL urinals out there to free the pee.” (more…)
Find out Today, the 8 March is International Women’s Day (IWD). The global annual celebration celebrates the social, economic and political achievements of women and simultaneously raises awareness on gender equality.
This week, there are lots of incentives and events taking place nationally and internationally which celebrate women overcoming challenges and creating an impact- however big or small- on today’s society. Although many are taking place today or over the next week, these events should act as a springboard for change over the next 12 months. This years theme is #Choosetochallenge . Here are some ways you can challenge yourselves this International Women’s Day.
Challenge diversity within business
The New Enterprise Competition is run by the Basecamp Enterprise team and awards funding for businesses, social enterprises and charities. It comprises of three stages over the year; the second stage-Development awards start-ups with up to £1,000 to go towards pushing your business to the next level.
Historically, funding has gone to start-ups who are building a prototype, developing a website and investing in materials and much more.
This year may seem uncertain but certainly comes with lots of possibilities, so why not take that business idea you had over the first lockdown to the next level?!
Want to find out more? Over the next few weeks we’ll be catching up with last years Development winners.
Precious Plastic Dunkerque
Could you sum up your start-up in a Tweet?
Precious Plastic Dunkerque is a Social Enterprise being developed to support displaced people in Dunkerque. Using plastic waste collected from informal camps, we will produce new items; to be sold, to support those sleeping rough and to provide community workshops. (more…)