Win a share of £4,000 to launch your startup! Have a brilliant idea but need funding to get it off the ground? Launch Point is your chance to make it happen. University of Edinburgh students and recent graduates (up to two years post-graduation) can win a share of £4,000 to launch their early-stage business over the next 12 months. Whether you're refining a prototype, talking to customers or conducting marketing research, this competition can help take your startup to the next level. This semester, we're delighted to be partnering with the Engineers & Scientists in Business Fellowship, who are contributing £3,000 of the prize pot, specifically for applicants in engineering, science or medical science. Enter by either submitting a 5-minute video or a short-written application. We strongly encourage video entries, they're a great way to bring your idea to life, showcase your passion and stand out to the judging panel. What makes a winning entry?We're looking for bold, well thought-out ideas with growth potential. Strong applications will:Identify a meaningful problem and a specific customerOffer a unique, innovative solutionHave potential to scale beyond a local contextShow a path to financial sustainabilityDemonstrate a capable, committed teamMake a positive impact on people and the planetExplain how funding will help you move forwardAlign with one of the University's core missions: Data, Digital & AI, Health & Care and/or Climate & Environment Who can apply?All University of Edinburgh studentsAlumni up to two years post-graduationPrevious Launch Point winners may apply again with a new idea, provided they haven't received competition funding this academic yearApplicants currently on a visa that allows this within the next 12 months. Those on a Student Visa typically cannot engage in business activity, so please check your visa conditions and guidance from the Student Immigration Service before applying. Funding conditions Winners must: Spend the funds within 12 monthsProvide a short breakdown of how the funds were usedAttend three advisory meetings with an Edinburgh Innovations business adviserShould you win funding as part of this programme, a UK bank account is preferred for all payments. Requests to use non-UK bank accounts may be considered on a case-by-case basis and may be subject to additional checks or processing time. Document Launch Point judging criteria (209.67 KB / PDF) Deadline: Monday 16th March 2026 at 12noon.(Late submissions will not be accepted.) Enter now The competition was a great opportunity for us to kick-start and validate our startup concept. We at ROBOCEAN: Ecosystem Engineering cannot wait to use our prize money to develop our prototype and save our seagrass."Niall McGrath - Robocean co-founder Winner's Announcement Join us to discover the winners of the competition at the Innovator Networking session taking place on Friday 24th March 2026, 2pm-5pm. We'll will ensure everyone mixes and connects with a fun icebreaker activity, followed by a talk and Q&A from an experienced entrepreneur. The winners of our competition: Launch Point will be announced. If you have an idea or startup, you'll have the chance to share it with the room during our open mic section. Finally, we'll wrap up the evening with some free networking.Book Innovator Networking now This article was published on 2024-07-01