THE RAPID CHALLENGE
Application
To apply to The RAPID Challenge, fill in the application form below. Successful applicants that have reached the next stage will be informed.
THE RAPID CHALLENGE
Application Criteria
To be eligible to apply to The RAPID Challenge, you must comply with the required criteria seen below. Entries with the desirable attributes are more likely to progress in the challenge. By submitting an application, you confirm that you comply with the entry criteria.
Required Criteria
Be a disruptive hardware project
Have a sustainable business strategy
Based in the UK
Pre-revenue or up to £1M annual revenue
No more than 10 employees
Desirable attributes
A proof of concept / prototype
Demonstrate the potential for commercialisation within 12 months
Have the potential to or have obtained IP
protection.
Application Video
As part of the application, we ask that you submit a short video.
The application video is your opportunity to tell us about your project, what makes it special and what impact it will have. This is the ideal chance to demonstrate your prototype if you have one. We will use the video to assess your project and gain insight into the founder / team.
You should aim to include information about your project and introduce your team. We will not be assessing production quality, the video is about conveying your idea. We are not expecting a studio production, a camera phone video is perfectly acceptable. Please ensure your video is no longer than 3 minutes.
We encourage applicants to use a video hosting platform such as Youtube and to provide a link in the application form. We won't be able to accept a video entry via any alternative methods.
Any Questions?
The Next Steps
To reach the next stage of the Challenge please fill in the following business plan template
Should you reach the next stage of the Challenge, you will be notified by email.