What is it?

Develop your business plan for a chance
to win cash and start-up support

Formation Zone Business Challenge Schedule

Step 1: Register your contact details with us before 1st November 2017 and attend an introductory session to start the challenge

Step 2: Attend a series of evening workshops to strengthen and develop your business idea during November and December 2017

Step 3: Work on your draft business plan and get initial feedback in January 2018

Step 4: Meet 1:1 with professional advisers to get your crucial questions answered and enhance your business plan for submission in February 2018

Step 5: Attend the Awards networking event, with category winners announced and judges’ feedback provided to all participants 14th March 2018

Once you have registered on the Business Challenge, you will be provided with a full programme of confirmed dates. Please use the registration form to download on our Enter Now page

 

What to expect

The Challenge starts on 1 November 2017, with our first introductory session, and runs through to February when you submit your business plan to our panel of judges. It is an extracurricular activity that includes a number of workshops in the first semester – idea development, marketing, and finance, and then professional advice sessions in the second semester.

Registration opens at the beginning of October and, once you have registered, you will be added to the Challenge Moodle pages where you will find the full schedule for the competition and all of the resources you’ll need. If you have any questions about the Challenge that are not answered by our webpages, please get in touch using the form below.

The Business Challenge in a nutshell

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Workshops

  • 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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Rewards

  • category winner - £650
  • overall winner - £1,000
  • 6 months Formation Zone package

Why should I enter the Business Challenge?

Because the Business Challenge is a competitive selection process for the award-winning Formation Zone business incubator, helping us to find the best businesses coming out of Plymouth University this year. You will be in with a chance of winning Formation Zone incubation space and services for 6 months, and seed funding from Santander Universities to get you started!

We understand that developing an idea into a business plan can be daunting. That is why you will have access to free workshops, one-to-one sessions and expert support and advice before submitting your business plan. The challenge will give you the skills and knowledge you need to develop your idea and start your own business. It is not just about picking winners, everyone gets constructive feedback and advice on where to go next.

 

 

Let us contact you

Request a call back or email