£100 for 100 words

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 £500k in prize money to over 40 start-ups and have seen many of them develop into successful companies.

A note about confidentiality:

Some entrants express concern that  their ideas could 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.

Submission link on the website will become available on the 20th of October, 2010.