Engineering Competitions

Young Eng And Tech Entrepreneurs Compete to be Mentored by Technology Heroes

Written by Gabi Champagne | Engineering Competitions | Thursday 12th June 2014 11:57:00 GMT

Are you a budding engineering or technology entrepreneur? Applications for the Launchpad Competition have opened - to find the next budding UK tech entrepreneur, with £15,000 in prize money.

Score: The competition wants to encourage all participants, not just the winner

Score: The competition wants to encourage all participants, not just the winner

Applications for the Launchpad Competition have opened – to find the next budding UK technology entrepreneur, aged between16 and 25. The winner will achieve the JC Gammon Award, which is designed to encourage the next generation to think commercially early on in their careers.

The winner will be offered a once-in-a-lifetime opportunity to be mentored by technology heroes, and will become a member of the Academy’s Enterprise Hub, an initiative that sees some of the UK’s leading technology entrepreneurs pledge their time to mentor the country's most promising start-ups.

Fellows of the Academy include well-known Dr Mike Lynch FREng, co-founder of Autonomy and founder of Invoke, and Sir Robin Saxby FREng, former founding chief executive and chairman of ARM Holdings, the giant software design company.

As well as receiving these valued business connections, the winner will get £15,000 to help set-up their business. Furthermore, within the first year of winning, the Academy will invite the winner to pitch in front of a number of UK business angels, with the opportunity of achieving further investment.

Arnoud Jullens, head of enterprise at the Royal Academy of Engineering, says this is important because “the future success of the UK’s economy is dependent on investment in innovation today, and developing relevant skills in the next generation of technology entrepreneurs”.

Eligible disciplines for Launchpad can range from classical engineering such as mechanical, chemical, civil and biological, to mathematics, robotic, design, information technologies, and everything in-between.

The applications for this competition close on Monday 30th June, so if you are interested, get yours in as soon as possible!

Further details can be found here: www.raeng.org.uk/prizes/launchpad.

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