Every year, businesses are started by keen and passionate entrepreneurs. But there are a lot of instances where people want to start their own business, but can’t due to some kind of restriction. This is where Bright Ideas Trust can help.
Bright Ideas Trust is a charity that helps young people in London who aren’t in employment, education or training or who haven’t had the same chances as the rest of society to start their own companies and learn business skills that will stay with them for life.
It helps by providing funding as well as advice and support from its team of dedicated business mentors and expert advisors. It works with youth organisations throughout London to spread the word about what they do and encourage young people to share their ideas with them. By providing an average loan of £6,000 to each beneficiary, the organisation has supported a number of entrepreneurs in London.
The challenge is simple. We want to know if you have ever thought about running your own business. Whether you felt it was just a crazy idea, or you have been thinking about it for a while, we would love to know your ideas.
All you have to do to complete the challenge is fill in the following.
So... Let’s begin!
Tell us about what you love to do.
Do you love to surf, ski, play football, go shopping...
Think about your best skills and your interests.
This can be anything at all! Go crazy. Perhaps your best skill is writing, and you love to read. Or your best skills are art and design and you’re interested in drawing.
Taking your previous answers into account, if you were to create your own business, what would it be?
This might sound tricky at first, but it is pretty simple. If you love to write and read, perhaps you’d love to sell books! Or if you love surfing, maybe a business which sells surfing equipment.
Can you think of any businesses that are doing this already?
For example, Waterstones for Books, or Roxy for Surfing.
Try and think of any ways the existing businesses could improve?
For example, perhaps Waterstones could create a local book club, or Quiksilver could have an indoors surf machine. These ideas can be as wacky and crazy as you like!
The winner of this challenge will be going to lunch at a top London restaurant with Tim Campbell, businessman, winner of the first series of The Apprentice and Founder of Bright Ideas Trust. Tim founded Bright Ideas Trust in 2008 to help young people turn an idea into a business. This is a great opportunity to meet with an experienced entrepreneur, discuss your business idea and ask for some invaluable advice that could help your idea become a reality.
How To Enter
Once you have decided on your idea, you can choose to submit your entry in the following formats:
If you have completed your entry on paper, please scan your submission and upload as a JPEG.
You can upload your submission as a video/audio file, or include a link in a word document to a video you have uploaded to YouTube.
If you need any help uploading your submission or have any questions, get in touch and we'll be glad to help
(All submissions are reviewed by our team, please ensure yours is completed in full as any empty or false submissions will be removed and any points awarded deducted from your points total)
Lunch with Tim Campbell in a top London Restaurant
Bright Ideas Trust
Bright Ideas Trust is a charity that helps young people in London who aren't in employment, education or training or who haven’t had the same chances as other people in society to start their own businesss. The Trust helps by providing funding as well as advice and support from its team of dedicated business mentors and expert advisers. Through the Trust, young entrepreneurs will not only have the chance to start their own company, but will also learn business skills that will stay with them for life. Since January 2013 Bright Ideas Trust has been a London delivery partner for the Start-Up Loan Company and has helped dozens of people get their business off the ground and now has a target off helping a further 150 businesses in the next year. The the Trust will keep on supporting a number of entrepreneurs in London, and provides an average loan of £6,500 to each beneficiary.