The F Factor 2021 Awards £10,000
The F Factor 2021 is the UK’s leading startup competition for young aspiring entrepreneurs. Anyone under 25 can submit a life-changing idea for a chance to pitch at London Tech Week, the UK’s largest tech festival to be held on 20th – 24th September 2021.
Applications are currently open until March 31st 2021 via https://ffactor.me/
Born out of Founders of the Future and the wider Founders Forum Family, The F Factor is the nationwide startup competition to guide young entrepreneurs at the idea stage. Participants compete through several stages of the competition to refine their concept, access mentorship and present their startup ambitions to expert judges.
The startup competition celebrates it’s 7th year and is scaling to new heights by joining forces with Elevating Founders Europe, the flagship Seed and Series-A pitch competition hosted during the London Tech Week festival. Elevating Founders curates and matches the most promising regional and international startups with investors and new business opportunities.
The nation-wide UK competition showcases the best and brightest talent from 5 major regions of the country:
- Greater London
- South East & West
- Wales & Midlands
- North East & West
- Scotland & Northern Ireland
At the National Finals stage of the competition, the Top 10 Finalists will be hosted in London to access various activities and networking opportunities as part of the UK’s largest tech festival. The selected startups will also have the chance to pitch in front of a 3,000 person-audience including investors, entrepreneurs, and media partners.
As part of the competition’s mission to promote sustainable entrepreneurship and global impact, The F Factor draws on the UN Sustainable Development Goals as a framework for participants to hone their startup ideas.
To enter The F Factor, participants are encouraged to identify which one of the UN’s Sustainable Development Goals their startup applies to most. The programme also seeks to uncover new ways that technology-driven solutions can contribute to ending poverty, providing affordable and clean energy across the globe, or reducing inequalities.
Why you should apply:
Once entries have been submitted, participants will then get access to tailored resources and a startup toolkit to help refine the idea and pitch. Participants also benefit from close contact with the highly dedicated F Factor team that are on hand to support them throughout their competition journey.
Participants will also have access to dedicated mentorship sessions and pitch training support in the final stages of the competition in the battle to secure a top spot as a Regional Winners and £1,000 equity-free cash or the £10,000 cash prize for the team crowned as The F Factor 2021 National Winner.
Previous finalists include: BYP Network by Kike Oniwinde (2018 National Winner), Bugbakes by Ross Lamond (2019 Regional Winner), AccuRx by Jacob Haddad (2016 National Winner) and The Bread Brew’d Project by Farah Ravat and Ethan Richards (2020 National Winners).
Previous judges include: Barry Smith (founder of Skyscanner), Simon Cowell (The X Factor), Martha Lane Fox (lastminute.com) and Richard Reed (co-founder of Innocent Drinks).
How to enter The F Factor 2021
Applications close on the 31st of March and all future founders need is 3 easy elements:
- A summary of their startup idea
- A seemingly working prototype or video walkthrough of their product.
- A 2-min. pitch in video
To learn more about The F Factor you can check out: https://ffactor.me/
To apply for the competition center here : https://foundersofthefuture.typeform.com/to/hDfkhCXL