Starting a business can be a daunting and often difficult on a small advertising/marketing budget and a lack of contacts to get things off the ground. Therefore business start up competitions such as Youngtrepreneurs’s start up challenge, is not only a great way to gain exposure, but also has the potential to lead to much needed funds and media coverage.

 

Business start-up competitions can help turn ideas into well-connected startups with great potential for profit:

 

Here are some more great benefits of entering a business competition:

 

1. Professional Advice And Guidance
At the beginning you may have a business idea that you can’t stop thinking about, but you have no clue where to start. During the Youngtrepreneurs start up challenge, you will be given professional advice and guidance by experienced mentors. You will learn how to create a business plan and how to strategically get your business up and running.

 

2. Learn To pitch Your Idea
Initially you might be anxious about pitching your idea in front of a big audience and the investor. However throughout the Youngtrepreneurs start-up challenge, you will grow as a a person and will feel more prepared and confident by the final stages of the competition.

 

3. Networking
Lastly, one of the hugest advantages of the Youngtrepreneurs start-up challenge are the people you will meet. You’ll have the chance to find professional mentors, future business partners and potential investors.

 

To find out more about how you can win a £10,000 investment for your business idea visit: http://www.youngtrepreneurs.com/programmes/business-competition/