Social entrepreneurs in Manchester are urged to enter a brand new funding competitors, culminating in a glamorous pitching occasion.

Designed to drive constructive social change, Ignite is being launched by the Bolton-based Ford Household Basis and is supported by main UK universities.

The general winner will obtain a £20,000 impression accelerator grant to scale up their transformative enterprise, with an extra £30,000 being shared between the opposite 4 finalists.

College college students and up to date graduates have to enter their present social enterprise by July 19, to be in with an opportunity of securing not solely the funding however skilled mentoring and precious networking alternatives.

Every enterprise might want to present a 1500-word written utility or six slide pitch deck, a 5 minute video pitch and monetary projections for the subsequent 12 months.

The shortlist of 5 shall be introduced in August forward of a remaining pitching and celebration occasion on the night of October 3, overseen by business skilled judges.

Ford Household Basis and Ignite founder, Tony Ford, mentioned: “We wish to hear from bold social entrepreneurs on a mission to make a long-lasting distinction with their rising enterprise. These rising stars should be at college or can have graduated within the final three years and shall be eager to showcase how their social enterprise has the potential to unravel present issues and enhance lives.”

Durham College’s senior enterprise supervisor, Marek Tokarski, mentioned: “Ignite represents a groundbreaking collaboration between Durham College and the Ford Household Basis, equipping college students with the instruments, assets, and mentorship wanted to remodel their revolutionary concepts into impactful social enterprises. We’re proud to be the primary college to get behind this transformative pitching competitors, with the method alone offering a rewarding expertise for these collaborating.”