10 Top tips for funding applications from the Big Venture Challenge

UnLtd is running the Big Venture Challenge to find the next generation of large-scale social enterprises (a subject dear to On Purpose's heart).

With one week to go till the application deadline, they have published their top 10 tips on applying for funding, which not only hold for the Big Venture Challenge but are also worth keeping in mind for other applications too!

So here goes:
1) Your application form doesn’t have to be perfect – we will call you if we need more information

2) Keep your answers short, clear and concise. You can use bullet points – it doesn’t have to be polished prose

3) It’s a competition, so you do have to stand out from the crowd – tell us your vision and why we should back you

4) BVC is for startups and existing ventures who are ambitious to grow – stage is not a dealbreaker

5) Don’t be afraid to think big: but be prepared to prove that the demand / need / opportunity is there

6) If you know you have weaker areas, don’t ‘hide’ them: be honest & then say how you’re going to address them

7) The key is that you are ambitious and you want investment to scale up the social impact of your venture

8) If you apply you will get on our radar – even if you don’t win it could open doors to other opportunities / funding

9) Give it a go – you don’t have much to lose by putting in an application and you could win £175K

10) If you have any questions – pick up the phone and just ask – 02075661100

For further information on the Big Venture Challenge check out the website, email enquiries@bigventurechallenge.com or phone 02075661100.