Part of the application process is filling out a Business Model Canvas (BMC) as well as preparing a three minute video pitch. Both of these should be submitted alongside the completed application form.
In order to make sure all submitted Business Model Canvases are filled out correctly to a high standard, it is compulsory that you attend our Business Model Canvas workshop designed specifically to help you with this part of the process.
The workshop will be held online on 11 November 2020 in the afternoon. You must be able to attend in order to progress in the process.
The application form, including a link to your video pitch and your BMC, will need to be submitted by 11:59pm on 10 January 2021. This form includes answering three critical questions that help us match your idea against the Home Office criteria. These are:
- How is your business innovative?
- How is you business viable?
- How is you business scalable?
The final part of the application stage is the Review Panel Day where we will invite you to participate in a 15 minute Q&A session to support your application.
The review panel will consider your completed application form, your BMC and your video pitch on the day and ask you to attend a Zoom call for any further questions they may have. The Review Panel Day will take place on 20 January 2021 (exact time and more details to be confirmed).
Your application and business idea will be considered and assessed against the Home Office Start-up scheme rules. If your business idea is deemed by our Essex Startups team to meet the criteria, you will proceed to the next stage of the selection process.
This is a competitive process, spaces on the scheme are limited and it is not guaranteed that all applications will be successful.