The Royal Academy of Engineering‘s Enterprise Hub has opened its Launchpad Competition in the aims of finding a budding engineering entrepreneur (or team) aged 16-25 to start a new business based on their engineering innovation. The plan behind these Launchpads is to maximise the chances of the chosen engineering startup’s successful growth.

Entries close in just a few weeks (6 July) so if you qualify be sure to enter as soon as possible.

£15K prize

Supported by angel investor David Gammon, the winner of the Launchpad Competition will receive the JC Gammon Award: a year’s Membership of the Academy’s Enterprise Hub including mentoring, training, networking opportunities with some of the UK’s most successful entrepreneurs and investors, and a £15,000 prize. Whilst up to two individuals could be chosen as runners up if the judges.

You can catch up with last year’s winner Dr Niall Kent and his business partner Dr Alessia D’Onofrio in this Enterprise Hub case study.

Are you a budding engineering entrepreneur? You can find out how to apply or for more information on the Enterprise Hub visit their website or follow them on twitter @RAENG_Hub.