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Young Innovators Challenge offers £300,000 prize fund to Scotland’s enterprising students

Scotland’s final year students can win up to £50,000 for their business idea with the Young Innovators Challenge, which was launched on Wednesday by the First Minister, Alex Salmond and youth employment minister Angela Constance

Open to students aged 18-24 from college, university or in a national training programme, the competition will see them compete for a share of a £300,000 prize fund. In addition to the individual prizes of up to £50,000, each winner will also receive a full year of support from a business advisor.

The Young Innovators Challenge is managed on behalf of the Scottish Funding Council by the Scottish Institute for Enterprise (SIE).

Commenting on the launch of the new competition, Fiona Godsman, CEO of SIE, said:

“This is a fantastic new opportunity to unlock the potential of Scotland’s innovative young people and help bring their business ideas to life. We’re very excited to be a key part of the competition process and we’re looking forward to working with the entrants!”

For competition guidelines and to register your interest in participating in the Young Innovators Challenge go to: www.sie.ac.uk/YIC

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