Yes! We are happy for multiple business owners to present the same idea, as long as they only complete one application form. As long as one member of the business is eligible (current student or [...]
We recommend following this structure: Introduction The benefits of your idea Why it’s such a good opportunity The intended market include evidence of demand Financial details What you need the money for Your personal investment [...]
A panel of four judges will mark each application out of 30 points based on the following criteria: Realistic/Viable Sustainability Growth potential The five applicants with the highest scores will be offered the chance to [...]
Your business plan should cover all the headings on our business plan template, but how much information you include is up to you. We recommend 200 words per section.
We will not look at any submissions prior to the deadline. Once the deadline has passed, each entry will be saved to a secured folder and shared with the judges. As such, only ourselves and [...]
We will only look at applications once the deadline has passed. As such, we will not be able to tell you if there is any information missing and it is up to you to make [...]
We will not shortlist businesses of a sensitive nature (such as politics or religion) or which may reflect badly on Propeller and the University of Central Lancashire. If you are offered an award but do [...]
You can choose to withdraw your application any time by emailing teampropeller@uclan.ac.uk If you withdraw after having the money awarded to you, you must return the full award amount.
We aim to inform all applicants whether they were successful in the first round. This will likely be 1-2 weeks after the application deadline, but if there is a high volume of applications this may [...]
Payment takes 10-17 days from submission of the finance paperwork - the sooner you return this, the sooner you'll receive your award. We do not offer extensions except for in extreme circumstances. If you cannot [...]