The One Small Step competition from Barclays Business will see ten businesses collar £50,000 in funding for their startup.
With funding hard to come by, this looks like a good opportunity to secure that crucial initial cash to get the ball rolling. The competition has a broad remit:
"The brief is open - it could be a lifelong ambition or a recent
brainwave. It could be a personal experience or a distant dream. Even a
revolutionary concept that changes the world. It’s an open invitation
and anyone with a great business idea and the drive to make it happen
could win."
In an X-Factor meets Dragon's Den move, the One Small Step competition will sees the public vote on a shortlist of three companies from each region drawn up by the judges. Expect to see plenty of Twitter and Facebook canvassing for your vote over the next few weeks.