Branson launches £1m competition for begin-ups
Youthful and growing corporations will pitch to the Virgin billionaire for a combination of funds and marketing support &#thirteen 

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Richard Branson has introduced a £1m competitiveness, which aims to assist 10 British isles begin-ups and proven firms to develop and win new consumers.
#VOOM: Pitch to Abundant 2015 , the new competitiveness from Virgin Media Enterprise, opens nationwide these days. Productive applicants will pitch their ideas to Mr Branson, who will judge the winners .
“Pitch to Rich is a excellent possibility for Uk businesses to make their mark on a world-wide stage,” explained the Virgin billionaire. “If you consider your enterprise has great potential, then enter Pitch to Rich right now, as you by no means know in which it may lead you.”
Mr Branson is contacting on the business people guiding businesses massive and tiny to pitch for a mixture of tough income and marketing help. He has run equivalent start-up competitions prior to .
British organizations can apply for one particular of three categories. There is £150,000 in marketing and advertising help accessible for the most exciting begin-up, with two runners up acquiring assistance worth £50,000.
Entrepreneurs with a huge concept that could disrupt an current market can vie for a £50,000 prize to make their idea a reality, with £10,000 for two runners up.
For present companies that are seeking to accelerate expansion, there is £250,000 well worth of marketing support up for grabs, with two runner up prizes of £100,000 in support.
All the winners also acquire mentoring from a Virgin Media Enterprise advisor. There is also a People’s Choice award picked by general public vote, value £50,000 in advertising and marketing support.
The 3 classification winners will also acquire a year’s free of charge cell and net from Virgin Media Company, unrestricted journey on Virgin Trains for a 12 months, a area on the Accelerator Network programme, which supports rapidly-progress tech and media start off-ups.
The profitable business people will also get free of charge company tips from the ICAEW Business Suggestions Support and a membership to the not-for-income non-public customers club at The Residence of St Barnabas.
Virgin Media Enterprise, which offers broadband, Television, mobile cellphone and property cellphone services, is anticipating to get hundreds of entries to #VOOM: Pitch to Wealthy 2015.
“Every robust economic system wants sport-changers and via Pitch to Abundant we hope to inspire even a lot more,” explained Virgin Media Enterprise handling director Peter Kelly.