Do you have a novel, early-stage business idea?

Sponsored by The Royal Bank of Scotland, the KickStart Challenge is for aspiring entrepreneurs with innovative business ideas they’d like to test, validate and prepare to launch.

Register your Interest

What’s in it for you?

KickStart Challenge can be your first step towards commercialisation, designed to test the robustness of your idea, equip you for the realities of entrepreneurship and prepare you for our more advanced challenge categories.

£10k

First prize

Winning our top prize will get you £10k in equity-free cash to help progress your business idea plus fast-track entry to the semi-finals of our most relevant advanced challenge category.

2x £7.5k

Runner-up prizes

Two runners-up will each receive £7.5k in equity-free cash towards developing their idea and preparing to launch their business.

3x £5k

Special prizes

We have three special prizes of £5k to give away to deserving projects in areas including climate action and wellbeing.

Training

Bespoke training

All successful applicants enjoy a money-can't-buy package of training and pitch coaching from experts with real-world experience of starting and growing successful businesses.

Who can apply?

The Kickstart Challenge is open to those taking the first steps of their commercialisation journey, designed to help you establish the viability of your idea and prepare for the challenges of entrepreneurship. We welcome applications from across industry sectors and enterprise types, for both product and service-based ideas.

Read our full terms and conditions

Staff and students at all Scottish Higher Education Institutions are eligible to apply.

Recent graduates (up to 24 months after graduation from the initial application date) from Scottish Higher Education Institutions are also eligible to apply.

Team and joint applications are accepted, provided one member of the team is a student, recent graduate or member of staff from a Scottish Higher Education Institution.

Applicants must plan to have their business headquartered in Scotland.

The lead applicant must be available for our awards ceremony.  We highly recommend you attend our training events too as past experience has shown these dramatically increase the quality of business plans/cases and the chances of reaching the next stage of the challenge.

You must either own or have the right to use and commercially exploit all Intellectual Property Rights related to your business idea. 

This challenge is aimed at early-stage projects that have the potential to become high-growth businesses. Applicants need to demonstrate feasibility and early market research.

Judging criteria

Kickstart Challenge applications are judged on the novelty and innovation of the idea combined with clarity of planning. We’re looking for individuals and teams who understand what it takes to get market ready and launch a business. Successful applicants will be able to demonstrate product/service feasibility, a strong USP and market demand.

challenge_kickstart_judging

Innovation

Demonstration of market need

Understanding of your market and customers

Clarity of product/service development plan

Viability of proposed business model

What’s involved?

Our challenges are split into four stages over a period of eight months. Applications open in January and these are evaluated by a panel of university representatives. 

Successful applicants are then invited to attend the Converge entrepreneurial training programme (23-26 May) that prepares them to put forward a business case and 1-minute video pitch to be assessed by a panel of university representatives. 

Shortlisted business cases are then evaluated by a panel of business experts with the winners announced at our annual Converge Awards ceremony on 3 November.

How it Works
  • Application Deadline
    5 April
  • Business Training
    23-26 May
  • Business Case Submission
    1 August
  • Awards Final
    3 November

Judging panel

We select our expert judging panel from a wide range of industries for their unique experience and insight gained from launching, growing and nurturing businesses in Scotland.

Dr Kate Cameron

Founder & CEO Cytochroma Ltd

Kate is the founder and CEO of Cytochroma, a Scottish based contract research organisation that manufactures advanced stem cell models, and utilises automation, and AI to transform preclinical testing.
Previously she led multiple research projects, presented at numerous international conferences, and lectured at the University of Edinburgh and at the University of Sao Paulo, Brazil.

Kate is a driven entrepreneur and has achieved significant recognition in numerous business awards, grants, and competitions. She is a former BBSRC sponsored Royal Society of Edinburgh Enterprise Fellow and Converge Challenge finalist.

 

Jenn Galloway

Entrepreneur Development Manager The Royal Bank of Scotland

Jenn has held a number of roles within the Royal Bank of Scotland including working with Corporate & Commercial Customers and leading on People Engagement strategies. Most recently she has been leading on Enterprise activity across Scotland, working alongside Enterprise experts to support local businesses, deliver thought leadership events and link SME’s to relevant partners and stakeholders. She's passionate about collaboration, customer focus and supporting businesses to achieve their goals, and committed to removing barriers and providing more opportunities to help businesses grow.

 

Graham Reid

Board Member Apollo Informal Investment

Graham is a qualified accountant and former Finance Director with extensive executive experience in private equity ownership, debt financing, rapid growth management and transformational IT projects.

He is an angel investor, a non-executive director for two angel-backed startups and is a board member of angel investor syndicate, Apollo Informal Investment.  Graham was Group Finance Director of CALA Homes for 18 years and was Scottish Finance Director of The Year in 2018.

 

Iain Mackie, KickStart Challenge judge

Iain Mackie

Lead Investor, Scotland Creator Fund

Iain is the Scottish Lead Investor at Creator Fund, a university-focused deep tech VC that backs Europe's most exciting start-ups. Iain previously worked in Quantitative Trading and Asset Management before founding a successful e-commerce data start-up that supports some of the UK's fastest-growing brands. He is also an angel investor and board observer of Edinburgh-based robotics start-up Touchlab. 

Iain holds an MA in Applied Economics, an MSc in Data Science, and is currently pursuing a PhD in machine learning and search systems. In addition, he is currently taking part in the final of Amazon's Alexa Prize Taskbot Challenge, where teams build multi-modal conversational agents to help users navigate real-world problems.

 

Resources

Learn more about taking the entrepreneurial leap, boost your business skills and find resources to help you polish and perfect your challenge application.

KickStart application form 2022

Downloadable file

A preview of the application form you will need to complete online.

Download now

FAQs

Downloadable file

Answers to commonly-asked questions to help you on your way

Download now

Funding tips for female founders

Article

Are you a budding female founder? Do you need funding to take your idea to the next level? Check out this handy guide from RBS.

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Workshops

Don’t miss our 2022 workshop series for aspiring academic entrepreneurs.

Recoil Kneepads

Case study

Find out how Vicky's impact absorbing kneepads are helping trades people carry out their job in comfort. "I've managed to create something that genuinely helps someone else."

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Waterwhelm

Case study

"There's no right time to start a business. Now is the right time!" Ali has created a novel way to treat low-quality water to a drinkable standard.

View case study

Lissa Herron

Enterprise Manager

Any Questions?
Contact the team...