Unloc Enterprise Challenge for 16 - 25 year olds

The Unloc Enterprise Challenge brought to you by Verizon is an online entrepreneurship competition looking for people aged 16-25 with fresh, new and innovative technology led business ideas. We are reaching out to a Pan-European audience in our search for a great new start-up business.

Applicants will compete to win the overall prize at the London grand final:

• £10,000/€11,000* of funding for their start-up business

• A mentorship package to accelerate their idea

• Finalist runners up will also receive £1,000/€1,100* of funding for their start-up business

Competition criteria

● VIABILITY: Can the plan achieve what it states it will do? Does it operate within the budget/resources currently held or will acquire?

● TECHNOLOGY INNOVATION: Is the idea unique? Does it have a clear unique selling point? Is the technology solving the problem in a creative way or fulfilling a gap in the market?

● SUSTAINABILITY: Will the venture… improve people’s lives in some way? Meet social or community needs in a new way? Does it meet or sustain a UN Sustainable Development Goal in some way?

ABOUT VERIZON

Verizon is one of the largest communication technology companies in the world, connecting millions of people, companies and communities globally with powerful technology. Using award-winning networks to make breakthroughs in interactive entertainment, digital media, the Internet of Things (IoT) and enterprise services for customers, to deliver the promise of the digital world.

ABOUT UNLOC

Unloc is a social enterprise on a mission to empower young people to be innovative change makers. We strive to encourage entrepreneurial thinking amongst 16-25 year olds and promote alternative career pathways. With the support of our partner Verizon, we believe this competition provides a valuable platform that gives young people the chance to promote their creative business ideas.