Shell LiveWIRE supports young entrepreneurs with two award schemes and online resources for business start-ups. The enterprise scheme hosts a business networking community of 84,000 members which enables individuals to share ideas, insights and inspiration with fellow entrepreneurs who understand the challenges they are facing.
The Shell LiveWIRE Young Entrepreneur of the Year Award recognises and celebrates the achievements of the UK’s finest young entrepreneurs and is now open until the 11th September 2009.
Budding entrepreneurs will need to show how they are entrepreneurial, that they have a robust business model, understand their marketplace and have a clear business development strategy.
The winner of the Award will:
• Receive a cash prize of £10,000
• Benefit from publicity and media coverage
• Be profiled through the Shell LiveWIRE website, newsletters and discussion forum
• Having gone through the application process benefit from an
opportunity to focus on their short and long term business objectives
and plans
The Award process is split into 4 stages: application; short listing; area assessment; and final assessment and awards event.
Applicants must have been trading for not less than 3 months and not more than 18 months on the 11th September and will be expected to have an understanding of the following:
• Their business and the environment in which it operates
• Knowledge of their product / service
• The market in which they operate
• Their pricing and profits structure
• Their future development needs
• How they will progress the business, and their plans and ambitions
Applications will also be checked for the ‘LiveWIRE’ factor to see if they are an entrepreneur who will inspire others.
For further information and to check eligibility visit www.shell-livewire.org