Ideas Take Flight
CUE’s main events are the £100, £2k and £10k competitions. From ‘just an idea’ to ‘we’re ready to scale’, our competitions and accompanying mentorship aim to guide you towards creating a commercially viable company - regardless of whether you win.
The competitions are open to individuals and teams from three categories: ‘Software’, ‘Social Enterprise’ and ‘Science and Technology’. Entering the 2k and 10k competitions is not dependent on any of the previous competitions. For detailed rules, see: Competition Handbook 2017/2018.
"Write 100 words and convince our judges that your idea has legs"
It’s simple: pitch your business idea to us in less than 100 words. The challenge here is to convey the defining points of your idea in just one paragraph. The judges are looking for domain knowledge, market niches and competitive advantages. There is no limit to the number of entries or prizes per person.
Competition has closed for 2017-18
Deadline: 3rd November 2017, 11:59pm
Winners announced: 24th November 2017
No. prizes: 10
"Choose a category, complete a business canvas and present to our judges "
The business canvas will force you to answer key questions like: ‘Where is your revenue from?’, ‘Who is on your team and why?’ and ‘What metrics will you use?’.
In the slide deck you will need to: clearly identify your market niche, make rigorous, quantitative comments and display a self-critical attitude.
A demo or evidence of existing traction will give you a big advantage.
Competition has closed for 2017-18
Deadline: 22nd January 2018, 11:59pm
Presentation to judges: 20th-22nd Feb 2018
Winners announced: 1st March 2018
No. prizes: up to 6
"Do everything from the £2k, create a demo poster and start the company!"
Depending on the category, the demo poster should be a concise summary of either: a working prototype, commercialisation-ready research or substantial customer engagement.
At the CUE Grand Finale, three winners will present their businesses to potential investors and every entrant will have the opportunity to showcase at the event’s poster session.
Deadline: 8th April 2018, 11.59pm
Presentation to judges: 1st-3rd May 2018
Winners announced: 9th May 2018
No. prizes: 3
Young Entrepreneur of the Year
Calling for the Young Entrepreneur of the Year 2017/18
The Young Entrepreneur of the Year track is aimed at identifying those individuals who demonstrate the ambition, determination and vision to pursue the lifelong journey of becoming an entrepreneur. The winners may or may not have the best current business idea or be able to craft a “textbook” business plan but they will demonstrate the key fundamentals.
Winners will receive £2,500 along with a certificate, access to a select network, mentoring, and an apprenticeship opportunity. It is expected that the winners will make the time to participate in all stages of the CUE 2016/17 business plan competition as well as attend the three Young Entrepreneur of the Year workshops.
The competition is supervised by Darrin Disley, CEO of Horizon Discovery Group who will be kicking off a series of exclusive workshops teaching you the do’s and don’ts en route to becoming the next Young Entrepreneur of the Year! The best part: you don’t need to have a business idea yet to be eligible to enter the competition. The workshop is free to all students, staff, and alumni of the University of Cambridge.
Deadline for submission of all materials: 19th April 2018, 11.59pm
Submissions to: firstname.lastname@example.org.
Workshop 3: 26th April 2018, 6:00pm, CU Engineering Department