Young people can apply for an award to make their business idea a reality.  The Award includes a £5,000 grant, business support and a living allowance.
Aged between 18 and 30 years old and looking for business support?  Innovate UK is working in partnership with The Prince’s Trust to find young people from across the UK with great business ideas.  Their goal is to find a new group of young innovators that, with their help, can turn their great ideas into successful businesses.
They are looking for young people who would benefit most from the Young Innovators Awards, including the financial support and tailored package of expert advice and access to innovation tools and connections on offer.  The financial support and tailored coaching and mentoring will be provided directly to the successful applicants.

Competition opens: Monday 15 June 2020

Competition closes: Wednesday 2 September 2020 11:00am

You can find an explainer and checklist to help you complete your application here.


The Young Innovators Awards will support up to 100 more young people by 2023 through annual competitions.  So far, 24 young people have received Young Innovators awards and 12,000 young people have engaged with the #IdeasMeanBusiness campaign.


#IdeasMeanBusiness | The Young Innovators Awards: Your application
Watch the video below to understand the competition requirements and application process.

Find our more about the competition here and more about the Young Innovators programme here.