Converge Challenge 2018

Converge Challenge is Scotland's leading company creation programme for entrepreneurs, seeking creative business minds from within Scottish Universities and Research Institutes across all sectors: the challenge provides the perfect platform for driving forward your business plans.

Comprehensive training programme in Edinburgh for the Top 60:

  • Converge - three day training - 29 - 31 May 2018
  • KickStart - two days training - 29 - 30 May 2018
  • Social Enterprise 2.5 days training – 29 (PM) - 31 May 2018

  • 1-2-1 bespoke business support and advice
  • Enhanced pitching skills training
  • Access to networking opportunities
  • Hands-on mentoring
  • Constructive feedback at each step of the process
  • Exhibition collateral
  • Online advice aids
  • Business surgeries with our expert Partners
  • Continued support to develop your business proposition
  • £160,000+ prize package – mix of cash and in-kind business support
Converge Challenge 1st Prize Converge Challenge 2nd Prize Design & Creativity Award
£43,000 cash £15,000 cash £10,000 cash
- - £5,000 product development & support
£5,000 legal support £3,000 legal support £2,000 legal support
£5,000 financial advice £3,000 financial advice £2,000 financial advice
£5,000 branding & marketing support £3,000 branding & marketing support £2,000 branding & marketing support
£5,000 Intellectual Property (IP) £3,000 Intellectual Property (IP) £2,000 Intellectual Property (IP)
£5,000 recruitment advice £3,000 recruitment advice £2,000 recruitment advice
£2,500 mentoring £1,500 mentoring £1,000 mentoring
£500 networking - -
Automatic entry into EIE19 Automatic entry into EIE19 -
Automatic entry into Scottish EDGE semi-final Automatic entry into Scottish EDGE semi-final -

Total £70,000+
(cash £43,000 | in-kind £27,000+)

Total £31,500+
(cash £15,000 | in-kind £16,500)
Total £26,000+
(£10,000 cash | in kind £16,000+)

In addition, MediCity bespoke three-day programme of sector specific support for the Top 30 Converge Challenge Life Science & MedTech submissions in the period between end of June 2018 and the business plan submission deadline 27 July 2018.
 

KickStart - Start-Up KickStart - Spin-Out Social Enterprise Entrepreneurial Spirit
First prize £5,000

First prize £5,000

First prize £6,000
In-kind PR and branding support est. £5,000
Winner £1,000 cash

Second prize £4,000*
In-kind PR and branding support est. £5,000

Bespoke 1-2-1 follow on training for 12 months with Converge Challenge Top 10

Total £5,000 Total £5,000 Total £10,000+


The Converge Challenge company creation programme is funded by

Entrepreneurial Training Programme

In addition to the cash prizes and in-kind support, Neuehansa Ltd provides our training programme consisting of five parts across four stages:

Stage 1: Residential Training for Converge Challenge
  • Three residential business course for the Converge Challenge Top 30
  • Two and a half days business training for Social Enterprise
  • Two days residential business training for Converge Challenge KickStart and Social Enterprise
Stage 2: “Practical Skills in Business Development for Start-Ups” workshop
  • Series of monthly 1:1 individual follow-up meetings including coaching for Tradeshows or Customer Meetings
Stage 3: 1:1 Follow-up Meetings
  • Series of 1:1 individual follow-up meetings and
Stage 4: Coaching for Tradeshows or Customer Meetings
  • 1:1 coaching to attend a trade show / meetings with customers

Neuehansa Ltd also provide training for the highly regarded and competitive Royal Society of Edinburgh - Enterprise Fellowships.