News - Midlands

Leicester entrepreneurs to bag Santander cash

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Banking giant Santander is offering students at the University of Leicester cash prizes to develop their entrepreneurial ideas. Santander’s Awards for Entrepreneurship scheme will offer a combined total of £44,000 to support the university's budding tycoons.

The scheme is being run as part of the Santander Universities network which supports the higher education sector.

Applicants can submit proposals which would include details such as their proposed target market, financial forecasts and "idea viability". They also have to state personal motivations and objectives, said Santander.

The awards are separated by two categories, undergraduate and postgraduate with the top prize for each category being £5,000 and £20,000 respectively.

Proposals can be submitted now and the competition will be open until Thursday (5 May 2011).

A panel of judges will then hold a selection process to determine the strongest applicants. The top five entries from each category, as judged anonymously by a judging panel from partnered universities, will go head to head to pitch to judges in London.

 
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