World Labs – Elevating Ideas competition

– THIS OPPORTUNITY HAS ENDED – 

OVERVIEW

WorldLabs is running a competition called “Elevating Ideas” that aims to support early stage innovators and entrepreneurs with the funding and tools needed to grow their initiative. 

  • Projects can come from any field, and will not be judged based on level of professional or entrepreneurial experience.
  • The award of £50,000 is designed to give an early-stage entrepreneurial venture an instrumental boost

OPPORTUNITY

The ‘Elevating Ideas’ winner will be awarded the generous amount of £50,000 and the plethora of benefits that come with it.  There are benefits in the Elevating Ideas competition for all participants.

  • Publicity: Project will get a publicity boost on WorldLabs and across all other media channels. Whether you are one of the shortlisted candidates or not, if we like your idea, it will be written about, talked about and reach a wide and engaged audience.
  • Collaboration: Finding the necessary connections and establishing meaningful collaborations will be easier than ever before. You will get your idea noticed and be part of a network of team-members, co-founders and investors. We’ve also made the team up process smooth and simple, so you can find your ideal collaborator.
  • Advancement: Establishing your idea on Worldlabs will help your venture grow beyond the duration of this competition. The same project will keep exposing you to a promising network of collaborators, partners, advisors and investors. You will be ready to enter new competitions and increase your chances of getting funding. We support entrepreneurial growth during and beyond the competition.

APPLICATION

STEP 1. Complete your Project. Your idea should be outlined in a public Project, containing non-confidential information that showcases the uniqueness of your entrepreneurial venture. Your Project helps you garner public engagement, support and followers to your idea. It is an effective way to keep your startup alive and growing, even after the competition is over. A public, active and updated project will allow you to connect with collaborators, find inspiration, advice and grow sustainably. More information on how to create a project here.

STEP 2. Upload a 60-second video pitch. This is your opportunity to tell the judges why your product and/or service is unique, why it matters, and why they should support it.

STEP 3. Click on ‘Apply’ to submit your completed project and to answer our Competition Questionnaire. This is where you get a chance to explain your idea in more detail. Our questionnaire is utterly confidential, and the space to describe the feasibility of your idea, your business plans, and potential to scale.

STEP 4. Engage on WorldLabs. How proactive you are on the platform will reflect how committed you are to making your idea grow by finding collaborators, keeping track of your progress, and building a network of supporters. We encourage you to post regular updates on your feed, connect with people that can help you, share your venture across social media and even create team up posts if you are looking for someone to join your team.

ELIGIBILITY AND REQUIREMENTS

Applications from candidates worldwide will be accepted, regardless of the type of idea and the professional/educational background of the applicant.

For your project to be considered for the 2018 Elevating Ideas Competition, you must:

  • Submit a completed application
  • Be 18+ years old
  • Have at least one representative of your team available to travel to London for 24th of November 2018.

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