Victoria Leeds Business Boost Competition
14 Dec 2016
Earlier this year, in partnership with Leeds Beckett University, we launched our Victoria Leeds Business Boost Competition.
The competition provided an opportunity for local residents to secure funding through a Dragon’s Den style competition to turn their business idea into a reality, or to support existing businesses within the first six months of trading. In addition to financial assistance, successful candidates would receive a package of business mentoring, accountancy and tax support.
37 applications were received, covering a wide range of business ideas such as digital products, apps, jewellery and clothing. On the 17th November, 8 shortlisted applicants pitched their business idea to a panel of 6 judges including James Rogers from our Sustainability Team. Competition was tough as the final 8 were of an exceptionally high standard, all with unique selling points.
Artemis Coffee who have been trading for five months won the competition, offering premium, unique coffee drinks different to competitors securing £2,000 in funding. Having sampled earlier in the week, Harvey Nichols were particularly impressed with the quality of the coffee and have agreed to trial the sale of Artemis Coffee within their Leeds store. 3 other applicants were awarded funding, securing £1,000 and 2 x £500 awards.
The Business Boost competition is part of our 2016 Community Plan for Leeds, focusing on Employment, Skills & Enterprise and Arts & Culture.