Converge Challenge 2018 Open for Business
Today sees the launch of Converge Challenge 2018. Now in it's 8th year, the programme aims to inspire staff, students and recent graduates from all Scottish universities to develop their ideas into viable and successful ventures.
Fearsome are delighted to again be a sponsor of the Converge Challenge programme and provide some of the support and training which has helped over 180 Converge businesses achieve a 78% post three year business survival rate.
This year's prize fund has topped £160,000 with finalists also receiving an intensive series of support workshops across the duration of the programme, leading up to the awards in September 2018.
Olga Kozlova, Director of Converge Challenge said, “In 2018 we are encouraging as many staff, students and recent graduates from all our excellent Scottish Universities, to apply and take advantage of our offering that turns innovative concepts and projects into growing businesses, and helps create a new generation of entrepreneurs.”
2017 saw Converge Challenge hit a significant target of 43% of the finalists being female; with the 2018 target striving to gain even greater equality across all entrants.
Morven Shearlaw, Director at Fearsome commented, "It's fantastic being engaged with so many talented and ambitious entrepreneurs right at the start of their journey. I'm personally really encouraged and excited that Converge Challenge has managed to attract so many females to bring their ideas forward. By investing in them today, we can hopefully start to re-balance the boardrooms of tomorrow."
The Converge Challenge 2018 categories are:
- Converge: established idea
- KickStart: for early stage ideas
- Social Enterprise: positive impact on social and environmental issues
- Entrepreneurial Spirit Award
Converge Challenge opens for applications today, Wednesday 24 January 2018, and will close on Thursday 29 March 2018. Enter now by visiting www.convergechallenge.com.