Scotland’s Universities take on the Converge Challenge
26 Apr 2016
Over 200 entrants from 17 Scottish universities will compete in this year’s Converge Challenge entrepreneurial competition.
The Converge Challenge aims to create the next generation of entrepreneurs and is open to students, graduates and staff from universities and research institutes in Scotland.
It has three categories: Converge Challenge, for those with an established idea; KickStart, for early stage ideas; and Social Enterprise, for ideas that will have a positive impact on social and environmental issues.
2016 is a new record year for entries and has seen a 400% increase in applications from recent graduates, as well as a 34% increase in applicants for the Kickstart category – good news for Scotland’s thriving entrepreneurial community.
The top 60 will go through to the next stage of entrepreneurial training and development before taking to the stage to present their elevator pitches to an expert panel of judges on 2 June.
This year, Converge Challenge has increased its total prize fund to £150,000 and has a special Design and Creativity Award with a cash prize of £10,000 in celebration of Scotland's Year of Innovation, Architecture and Design.
The winners of each of the three categories will be announced at an awards ceremony at the Assembly Rooms, Edinburgh, in September.
Converge Challenge is funded by the Scottish Funding Council and eight universities (Heriot-Watt University, University of Strathclyde, University of Glasgow, University of Stirling, University of Edinburgh, University of St Andrews, University of Aberdeen and University of Dundee).