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Young Entrepreneurs could win a £25,000 investment with the launch of a new award. The Richard Hallt Young Entrepreneur Award, run by consultancy 10th Bridge in connection with UK Youth will see one lucky young entrepreneur awarded £25,000 to develop their business idea.

To enter, applicants need to complete a business model canvas for their idea and record a video about themselves.  Judges will then select a shortlist of entrants whose business ideas have the highest chance of success. Those shortlisted will be invited to develop a business plan and design a pitch deck summarising their plan. The finalists will then be assigned a member of the 10th Bridge team to support them and help them improve their plan before they present it in front of the panel.