The following Venture application form is for business ideas where the lead applicant is a currently-employed member of University of Dundee staff (research and non-research). If you are a currently-matriculated student or recent graduate please apply here.  Please ensure that you have read and agree to the Venture Competition 2022 Terms & Conditions before submitting this form.

We recommend that you write and save the content for your application in a word processing application and then copy your answers into the fields below before submitting to avoid any potential loss of data and to ensure you have a copy of your application for future reference.

1. University of Dundee staff or recent graduate applicant details (lead applicant must be a currently employed member of University of Dundee staff or recent graduate)

  • Title:
  • Forename:
  • Surname:
  • University of Dundee/work email address (Note: correspondence will be sent to this email address):
  • Personal email address:
  • University of Dundee school/department (currently work in or graduated from):
  • Your mobile number:
  • Is your idea a joint application? If so, name the fellow team members, email addresses, university/organisation and their roles in the proposed business:
  • Eligibility/Permission: I can confirm that I have access to/ownership of all required intellectual property for the purposes of developing this business idea and I can confirm that I have gained appropriate permission(s) from my supervisor(s), principal investigator(s), Centre for Entrepreneurship and/or University of Dundee RIS, as appropriate, to enter the Competition (tick box to confirm).

    Please see the Venture Competition 2022 Terms & Conditions for more information.
  • University of Dundee staff or recent graduate category applied for (can only apply for one category):
    • Wildcard Award (for non-research staff) - £2,500 prize fund sponsored by James Keiller Investments and the Centre for Entrepreneurship

 

 

2. Business Idea Details

  • Proposed business name:
  • Title of innovation/business idea:
  • (a) Non-confidential summary of your innovation/business idea (max. 100 words in laymen terms):

                  and

  • (b) What do you hope to achieve with this idea in the next 12 months? Do you think you will be in a position to take this idea forward as a business? (max. 200 Words):
  • Your product or service (max. 450 words). Please describe your idea:

    -> What problem does it solve?
    -> Who are your competitors and why is your idea better?
    -> What stage of development is it at (idea, proof-of-concept, prototype, fully developed)?
    -> Do you have intellectual property protection?
    -> Any previous funding you have had
    -> Please provide a breakdown of how you would use Venture funding to further develop your idea
    -> Please include a URL to an artist's impression or image (if available) 
  • Your target market (max. 250 words):

    -> What is your market?
    -> How will you get your product/service to market?
    -> How will your business make money?

  • Benefits to the customers (max. 200 words):

    -> Who are your customers?
    -> Are they different from the end users?
    -> Have you spoken to your customers and/or end users?

  • Requirements for development (Please tick all applicable - hold ctrl (PC) or command (Mac) to select more than one):
  • Provide a summary of your business idea's social aims and objectives (max. 200 words):

    -> Detail the kinds of benefits you would plan to deliver to individuals, the communities and/or the environment.
    -> What would your organisation plan to do with any surplus profits it generates?

  • Availability for Venture Final

    The Venture final will be on Friday 25 February 2022 between 4-6pm. It is also necessary to be available to pitch live to the expert judging panel on Wednesday 23 or Thursday 24 February.

    Please check the box to confirm you have made a note of this and that you (and/or your team) will be available to pitch live if selected as one of our finalists.

  • Please confirm that you have read our Terms and conditions (Please tick):

    You will be informed by 6pm Friday 4 February 2022 if you have been selected for the Venture Final on Friday 25 February 2022.

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