The WorldLabs Elevating Ideas Competition provides funding to start-ups and innovative ideas across all fields, with the aim of elevating the next generation of entrepreneurs. The competition is aimed at a global audience and is appealing to anyone who can showcase their initiative and prove it is promising and sustainable.
The award of £50,000 is designed to give early-stage entrepreneurial ventures help with starting up their operations. There are additional benefits in the competition for all participants, including:
- Publicity: The project will get a publicity boost on WorldLabs and across all other media channels.
- Collaboration: Finding the necessary connections and establishing meaningful collaborations. Entrants will get their idea noticed and be part of a network of team-members, co-founders and investors.
- Advancement: Establishing an idea on Worldlabs will help the venture grow beyond the duration of this competition. The same project will keep exposing the applicant to a network of collaborators, partners, advisors and investors.
To celebrate the end of the competition, WorldLabs is hosting an event in London. It will welcome 600+ entrepreneurs and investors, and over 50+ start-ups exhibiting. The top 10 teams shortlisted from the competition will be invited to pitch in front of a live audience and judges. The winner will be announced on the same day. The event will give entrepreneurs exposure to investment opportunities, mentors collaborators and industry influencers to help elevate their project to the next level.
Applications are accepted from entrepreneurs and start-ups worldwide, regardless of the type of idea and the professional/educational background of the applicant.
The deadline for applications to be received is 22 October 2018.