Spelthorne Business Competition 2018

About the competition

The Spelthorne Business Plan Competition represents a search for the local business entrepreneurs of tomorrow. Participants are asked to think of a business idea and answer our online question form. The six best entries will then create a business plan to present to our panel of expert judges at a 'Dragon's Den' style final hosted at BP.


The winner will receive £3500, deposited into a business bank account, and a package of mentoring and support to help them bring their business ideas to life. They will also receive free website and logo design. Runners up will receive £1000. Third placed will receive £200.

Rules of entry - please read carefully

To enter simply complete the online form, outlining your business idea and complete the agreement and consent section.

The competition is open to those who have a business idea and no business experience and to those with existing businesses - neither group will be given an advantage - as long as they meet the criteria below.

  • all participants must be residents of, work in or currently be in education in the Borough of Spelthorne
  • all participants must be aged 16 as of the 31 August 2017
  • the competition can be entered by individuals or in teams (4 people max)
  • the competition welcomes plans for new businesses only
  • business plans may be submitted for any type of business

How to enter

The deadline for entering the competition is 12 February 2018

The deadline for entering the competition is 15 April 2018


12 FebruaryEntry opensParticipants invited to enter the competition
15 AprilEntry closesDeadline for entering the competition
27 AprilFinalists announcedThe best six entries will be asked for a business plan
18 MayBusiness plan deadlineBusiness plans must be submitted for the judges
24 MayThe finalFinalists will present their plans to the panel

Evaluation criteria

Assessment criteria will be used by judges for fair comparison of participants' submissions and presentations during the competition.

When evaluating entry forms, the judges will focus on many different issues, including the following:

  • the commercial potential of business ideas with high potential, growth-oriented businesses likely to be viewed more favourably
  • the innovative nature and technical feasibility of ideas
  • the likelihood that the business described can achieve a sustainable and competitive advantage
  • the economic viability of the business idea described and the proposed use of financial resources

Detailed judging criteria for the final will be supplied to participants who reach those stages of the competition, closer to the time.

Advice and support

For any assistance or advice please email tracey.carter@parliament.uk and leave your name, address and telephone number.