The Lions Den

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What is the Lions Den Competition?

The Lion’s Den competition is derived from the biblical story of Daniel in the lion’s den and can be compared to the BBC’s reality television series, Dragon’s Den. The idea of The Lion’s Den is to provide entrepreneurs and business owners in the local community the opportunity to develop the knowledge, skills and experience required to successfully run a business and obtain the investment to implement or grow their business.

Are you ready to face the Lions? Give the ultimate pitch to be in with a chance of winning a business support package worth £10,000 including £2000 cash.

If you are aged between 16-30 year old with a new idea or existing business enter the competition now to be in with a chance of winning the grand prize. Applications for the first stage of the competition close on 28th April 2013 at 5pm. See below for further details on how to apply.

Competition Selection Process
There are 3 stages to the competition:

1. Fill in the application form, which you can download here and email ubleec@gmail.com by the application deadline of 5pm on 28th April 2013

2. Applicants who make it to the Semi-final will have to pitch to a panel of judges on 11th May 2013, 4 applicants will then be selected to go on to the live final.

3. The last stage is the Lion’s Den Live final which will be held as part of the LOUD conference on 1st June 2013 where finalist will pitch to the Lions and one applicant will be selected as the winner of the Lions Den competition 2013.

Applicant Support

Applicants who make it to the Semi-final will be invited to a workshop to be held on the morning of the 11th May 2013 where they will learn how to create a winning pitch and have an opportunity to practice ahead of pitching to the panel.

Selection Criteria

Below are the key criteria that will be used to judge applicants:
The business idea must be viable
Your business idea must be unique and/or have a clearly defined competitive advantage. Your idea/ business can be within any industry.
You must be able to articulate and explain your idea verbally and in writing
You must be motivated and have a hunger to succeed
You must be open to support and feedback with a willingness to use feedback to make improvements
You must be able to pitch your idea, in a clear concise and confident manner
You must be willing to sign up to The Enterprise Academy Charter

For more info visit: http://theenterpriseacademy.blogspot.co.uk