StartUp Idea of the Year Grants Programme (UK)

About

The StartUp Idea of the Year Grants Programme in the UK, organized by Enterprise Nation and Monzo, offers small businesses and entrepreneurs the chance to win financial support of up to £10,000, along with other prizes, to accelerate their business ideas, products, or growth strategies, with a deadline of February 28, 2025.

Benefits

• First place prize of £10,000
• Second place prize of £8,000
• Third place prize of £7,000
• Free six-month subscription to Monzo Business Pro bank account for eligible applicants

Eligibility Criteria

• The business must be based in the UK
• Have a UK business bank account or be willing to open one if selected
• Be a registered business or registered as self-employed with proof of UTR
• Have been trading for at least three months and no longer than 72 months
• Not undergoing insolvency, examinership, receivership, or any related process
• Willing to share success story if requested