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Young entrepreneurs: fancy winning £10,000 funding?

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In a recession, bank funding is pretty hard to come by. Free money is nigh impossible. But Shell LiveWIRE has launched not one, but two awards to give young entrepreneurs a well-deserved cash boost.

First up, and boasting a grand prize of £10,000 – the Shell LiveWIRE Young Entrepreneur of the Year Award 2009.

This award recognises the brightest new business startups. Young entrepreneurs, aged 16-30, in their first 18 months of trading are eligible to enter. The most innovative entrepreneur, showing a robust business model and thorough understanding of the marketplace will win a £10,000 cash prize for their startup. Deadline for entries is 11th September.

Previous winners include successful entrepreneurs such as James Murray-Wells from GlassesDirect.co.uk, Stewart Graham from Gael Force Group, Lucy Cohen from Mazuma Money and James Watt from BrewDog.

To find out more visit the Shell LiveWIRE Young Entrepreneur of the Year website.

The second award is aimed at younger startups. The Shell LiveWIRE Grand Ideas Awards is a newly-launched monthly competition offering up to five prizes of £1,000 each month for innovative new business ideas and projects.

If you’re a young entrepreneur (aged 16-30) within the first 6 months of trading and think you’ve got an innovative new product or service, or an unusual idea for marketing, promoting or launching your business, try your luck. Who knows, you might even get your hands on a wedge of cash for your startup.

To find out more go to the Grand Ideas Awards website.

Related articlesEnter the Real Business Women of the Future AwardsEnter the Growing Business Awards: Young Entrepreneur of the Year

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