What is it?

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

Formation Zone Business Challenge

The Challenge is an annual business plan competition for students and alumni of Plymouth University. Participants develop their skills and knowledge of business through workshops, 1:1s and drop-ins, while working on their business plan with expert guidance.

Thanks to the generous support of Santander Universities, participants can win up to £1,650 cash as well as a six-month support package from Plymouth University’s award-winning business incubator, Formation Zone.

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?

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.

Winners of the Business Challenge take home prizes including cash and business support and everyone is invited to a reward event to celebrate their achievements in the competition.

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