£100 Challenge
- £100 for 100 words -
The competition is now closed and the entries are being judged. The results will be announced soon.
The best essay you'll ever write.
CU Entrepreneurs has 20 cash prizes of £100 to give away, each for a summary of a business idea of not more than 100 words. The challenge is to condense what you want to say and get all the major points across in a single paragraph. Remember to make your idea 'POP'
- Make sure you describe its Potential
- Make sure that your idea is Original
- Make sure your idea is well Presented and clear
The £100 Challenge is what you make of it - the start of something big, or a quick way to pocket £100. Ultimately, CU Entrepreneurs want to help you make your ideas happen. Since 1999 we have awarded over £360k and our alumni companies are worth over £42m.
A note about confidentiality:
A few entrants have been concerned that their ideas will be "stolen" as a result of entering the £100 Challenge. To avoid this, we advise that you submit a public summary describing:
- the "what" (what role it fills)
- the "why" (why people will want it)
- but NOT the "how" (how it works or how someone could duplicate it).
In Phases 2 and 3 of the Challenge, CU Entrepreneurs will take measures to protect the confidentiality of your entries. All judges and entrants will be required to sign a Non-Disclosure Agreement. Failure to comply will lead to prosecution.