Deadline: 28 February 2025
Apply for the Monzo x Enterprise Nation small business grant to win up to £10,000 and accelerate your business idea, product or growth strategy.
Enterprise Nation is collaborating with Monzo to provide financial support to help you develop your next business idea, game-changing new product or service, or growth strategy.
Funding Information
- StartUp Idea of the Year will distribute £25,000 to support small businesses and entrepreneurs in the UK with their next business idea, product or service. The grants will go to three winners:
- First place: £10,000
- Second place: £8,000
- Third place: £7,000.
Benefits
- Eligible applicants will receive a free six-month subscription to a Monzo Business Pro bank account. This offer is subject to Monzo’s Ts&Cs and eligibility criteria, and is only for new Monzo Personal and Business customers. Enterprise Nation will notify eligible applicants when the offer is ready to be redeemed.
Eligibility Criteria
- To be eligible to apply, your business must:
- be based in the UK
- have a UK business bank account or be willing to open one if you win
- be a registered business or registered as self-employed with proof of UTR
- have been trading for at least three months and no longer than 72 months
- not be undergoing insolvency, examinership, receivership or any related or similar process, and
- if requested, be willing to share its success story of how it used its cash grant (Monzo may use and/or publish these details further for various purposes such as marketing, advertising and PR)
For more information, visit Enterprise Nation.