Young people can apply for an award to make a business idea in fashion or textiles a reality. This includes a grant for £5,000, a living allowance and tailored business support from Innovate UK.

The competition is open to sole applicants only.

To be eligible you must be:

• a UK resident with the right to work in the UK or will have the right to work in the UK for the duration of the award
• aged from 18 to 30 on the date of competition closing
• able to commit on average two days or 15 hours per week to working on the award and attend two bootcamp sessions.

The aim of this competition is to find young people with great business ideas who have the potential to become future leaders in innovation and successful entrepreneurs. Projects must:

• address a problem
• be innovative
• be significantly better than what is currently on offer including from existing businesses

Innovative ideas can be ready to be developed into a new business or within an existing business

As part of the process, applicants must pitch an idea in a short video, up to 3 minutes long. This must be uploaded to either Vimeo or YouTube and provided as an unlisted link in question 18 of the application.

The competition opens on 14 June. Innovate UK plans to give awards to 32 young people across the UK.

There will be an online briefing event on 15 June. Register for the 10.00am online briefing event

The closing date for applications is 28 July 2021.

FIND OUT MORE: Young Innovators Awards