Best Innovative Pivot Idea For Post Covid-19 World

Best Innovative Pivot Idea For Post Covid-19 World

Opening Date
23rd March 2021
Application Deadline
31st May 2021
Prize Sponsor
The Prize
£100 Cash Prize

The Brief

A £100 cash prize is on offer for the most original business idea that would not have been right for the pre-Covid era but whose time has come.

What Are We Looking For?

Idea must be unique
It must be original. It can be based on existing businesses but with a post lockdown pivot.
Idea must be able to be made into a sustainable new business venture
There needs to be a way of making money so that it's not a one-off project but a sustainable venture which creates employment for one or more people.
Idea can be bootstrapped i.e. doesn't need heavy investment
We are not looking for ideas that need investment. Rather a bootstrapped approach with minimum capital outlay.
Idea must be a pivot from an existing business that is more suited to this post Covid-19 era
This is the novel criteria of this competition. We are looking for ideas whose time has come for the new post lockdown era.

How Does The Competition Work?

We have a simple entry from which allows plenty of scope to frame your idea and load supporting documents.

As important as the idea, the ability to promote and gather feedback is an important sign that the creator can gather support for their idea. Traction is the key to success for entrepreneurs.

Judging will be based on the application criteria and popularity of the idea from the feedback section.

We have a team of experienced entrepreneurs and philanthropists as well as a network of over 1,000 founders and mentors to call on.

Enter The Prize Competition

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12R prizes are run by the Twelve Ronnies Foundation whose mission is to harvest new ideas which solve problems that have an economic or societal benefit. We believe the best way of harvesting ideas is by offering prizes to encourage idea generation. Showcasing your ideas is often the best way to get feedback and support, however if parts of your idea are confidential, we recommend that you store and share the confidential information about your idea in a safe place such as the ideasvault.co.uk. The vault storage allows sharing as required, rather than bringing the idea into the public domain.
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