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Business Plan Competition: Launch Your Entrepreneurial Journey
Ever dreamed of starting your own business? Our Business Plan Competition is your chance to turn that dream into reality. The rewards? A £1,000 cash grant to kickstart your idea, a professionally designed website, and mentorship from successful entrepreneurs. Whether you’re into tech, sustainability, or have a completely unique idea, this is your opportunity to learn, grow, and potentially launch the next big thing.
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The competition is currently open and closes on Monday 7th April 23:59 BST - Results will be announced on 30th April, 2025
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Prize includes a professionally designed website for your venture - Winners also receive 1-to-1 mentorship from successful entrepreneurs
About the Competition
Ready to transform your entrepreneurial ambitions into reality? This is your moment to step forward. Submit your entry to compete for a comprehensive winner’s package including a £1,000 cash grant to launch your venture, a professionally designed website to establish your digital presence, and exclusive mentorship sessions with successful entrepreneurs who have built thriving businesses. Join an exceptional cohort of young innovators and take the first decisive step in your entrepreneurial journey.
This isn’t just a competition – it’s your gateway to the world of entrepreneurship. Our winner will:
• Win Seed Funding: Secure a £1,000 cash grant to kickstart your business.
• Build Their Brand: Receive a professionally designed website for your venture.
• Learn from the Best: Gain invaluable mentorship from successful entrepreneurs.
• Boost Their CV: Stand out in university applications with this prestigious accolade.
• Develop Essential Skills: Hone your business acumen, presentation skills, and strategic thinking.
Age Range
Aspiring entrepreneurs can submit an entry if they are between 14-18 years old.
Submission
Entrants must submit a 10 page business plan and 2 minute video pitch.
Deadline
The competition closes on April 3rd, 2025.
Grand Prize
The winner will receive a £1000 cash grant, a professionally designed website, and mentorship sessions.
How to Enter
Your plan should be 10 pages at most and include:
- Executive summary
- Market analysis
- Financial projections
- Implementation strategy
- Sustainability considerations
You’ll create a compelling 2-minute video pitch to present your business concept.
You’ll submit your business plan, video pitch and optional supporting documentation in one go.
Prizes
- 1st Place
- Runners-Up
Assessment Criteria
Business plans and video pitches will be judged according to their:
• Innovation and creativity
• Market viability
• Financial planning
• Presentation quality
• Environmental and social impact
FAQs
Who can participate in the competition?
The competition is open to students aged 14-18 who are currently enrolled in secondary school or sixth form. You may enter either individually or as part of a team of up to three members. All team members must meet the age eligibility requirements. Entry is completely free.
What needs to be included in my submission?
Your submission should include:
- A business plan (maximum 10 pages) covering:
- • Executive summary
- • Market analysis
- • Financial projections
- • Implementation strategy
- • Sustainability considerations
- A 2-minute video pitch presenting your business concept, target market, and implementation plan.
Both components must be submitted through your Succeed account dashboard.
What are the prizes?
The winning entry receives:
- • £1,000 cash grant to kickstart your business
- • Professional website design and development
- • Mentorship sessions with successful entrepreneurs
Runners-up will receive scholarships to Immerse Education’s Business Management programme.
How are entries judged?
Entries are evaluated based on:
- • Innovation and creativity
- • Market viability
- • Financial planning
- • Presentation quality
- • Environmental and social impact
What are the key dates?
- • January 6th, 2025 – Competition opens
- • April 3rd, 2025 – Competition closes
- • April 30th, 2025 – Results announced
What support is available when preparing my submission?
Registered participants receive access to:
- Business plan templates
- Video pitch guidelines
- Example submissions
- Educational resources
What file formats are accepted?
- Business plan: PDF format (maximum 10MB)
- Video pitch: MP4 or MOV format (maximum 200MB)
What happens if I win?
Winners will be contacted directly with details about prize distribution, mentorship programme arrangements, website development process, and PR opportunities. Our team will work closely with you to ensure you get the most value from your prizes and support package.
Register to enter the Immerse Education Business Plan Competition
The Immerse Education Business Plan Competition gives students aged 13-18 the opportunity to develop and submit their innovative business ideas. Register now to receive full competition details, including submission guidelines and key deadlines.
