Big Ideas Wales encourages 16 to 25 year olds to show off their enterprise proposals and entrepreneurial skills.
Big Ideas Wales awards ready for presentation. Courtesy of Big Ideas Wales.
Entries are now open for the second Big Ideas Wales Celebrated competition to showcase entreprenuerial talent among 16 to 25 year olds.
The national competition aims to find the best business proposals and enterprise activity carried out by young people in Wales.
The initiative run by Big Ideas Wales was established to celebrate shining talent in business from those both within and out of the education system.
Ventures can include raising money for charity, taking part in the Welsh baccalaureate enterprise and employability challenge or it can be a business idea that the participant is passionate about.
Entries can be submitted in teams or as individuals and should take the form of a short video detailing the name of their enterprise and a full brief of their idea including how it would benefit their audience.
The competition culminates in the Big Ideas Wales Celebrated ceremony and national showcase which will be held at Bangor University in March 2018.
Participants at the Big Ideas Celebrated event in March 2017. Courtesy of Big Ideas Wales.
In its first year, the competition attracted 80 entries from across the country and in a variety of sectors.
Daniel Huxtable, 20, a student at University of Wales, Trinity Saint David won the 2017 best business activity award for his online martial arts shopping destination Fightwear store UK.
Daniel said his main motivation behind entering the competition was to meet and network with young business people in Wales as well as being able to showcase his business to a new audience.
Julie James, minister for skills and science said the young people involved in Big Ideas Wales Celebrated demonstrate the ambition, skills and resilience required to succeed in business.
She continued: “They are an inspiration and many will undoubtedly go on to become the business leaders of the future and form the bedrock of the Welsh economy.”
Entries for the showcase can be submitted until 1 February 2018.