CASH PRIZES:
This year start-ups will be competing to win a first place £15,000 cash prize to invest in their idea, provided by the Institution of Engineering & Technology.
BUSINESS SUPPORT:
The prize winner will receive a full-day advisory workshop from IBM in technology or business development using design thinking and resulting in a bespoke 30/60/90 day plan.
To help all the applicants along the way, start-ups can also receive $12,000 worth of IBM cloud credits (t&cs apply) to build their innovative solutions as part of their Start-up Builder Programme. Businesses will be able to use this credit to access IBM’s wide range of services which help to develop, build and scale tech start-ups, with services inc. Data Analytics, AI, Data, Blockchain, IoT and security.
PROTOTYPING LAB MEMBERSHIP:
The winner will receive a one-year lab membership for rapid prototyping and experimentation for two team members at The Mills Fabrica, London’s newest incubator for techstyle innovation in Kings Cross.
NETWORKING, INSIGHTS & TRAINING MEMBERSHIP:
The winner will be able to make unlimited connections with over 30,000 fashion professionals, brands and manufacturers working towards a more sustainable fashion industry with complimentary memberships to Common Objective. They will be able to access CO’s premium intelligence including toolkits and research, and training courses for learning about sustainable business practices. With the Business Membership the winner will also be able to post notices and announcements to the CO community to drive engagement.
Prospective applicants will also receive 15% off professional memberships before March 29th with the discount code MF2021.
INDUSTRY EXPOSURE & ACCESS TO NETWORKS:
Finalists will be invited to attend a one-day event in May where high-level industry professionals will act as ‘critical friends’ to support and challenge their business proposition, and provide constructive feedback; as well as a workshop in June.
Finalists will also be invited to join an evening of good food, conversation and networking at the celebratory Fashion District Innovation Awards & Investment Supper attended by influential members of the fashion, tech and investment industry.