Business Challenge

A business plan competition for students and alumni of Plymouth University

Business plan competition

The Business Challenge is a business plan competition brought to you by the award-winning Formation Zone. It’s an annual competition that helps you gain knowledge and expertise to develop your innovative business idea.

Innovative business ideas aim to create a product or service that is new or improved in order to satisfy a customer need. Previous challenge prize winners include ideas for environmentally- friendly cat products, an innovative medical product and a student delivery service.

The Business Challenge in a nutshell

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  • idea development
  • marketing
  • finance
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Business plan

  • professional services 1:1s
  • draft plan feedback
  • constructive, detailed, judges' feedback
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  • category winner - £650
  • overall winner - £1,000
  • 6 months Formation Zone package

Santander Universities

Plymouth University enjoys a longstanding partnership with Santander Universities. Santander Universities Scholarships are worth more than £50,000 per year and, alongside sponsorship of competitions like the Business Challenge, enhance the Plymouth student experience, employability and internationalisation.



“Winning the FZ business challenge gave credibility to my product and I think that being able to say that you operate out of a business incubator gives a good impression of collaborative innovation.”

Tom Pavelle, Challenge winner

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