# CrowdBnk offers £10,000 for best business ideas

- Link: https://fundraising.co.uk/2013/01/16/crowdbnk-offers-10000-best-business-ideas/
- Published: 2013-01-16T10:44:55+00:00
- Author: Howard Lake

**Social investment crowdfunding platform CrowdBnk is offering prizes of £10,000
to help a new business get started or develop faster. Their competition is free 
to enter and anyone can submit an idea, including charities and social enterprises.**

The £10,000 will be given to the ideas that "generate the most excitement" in terms
of pledges.

The top prize of £7,000 will be awarded to the idea that manages to raise £10,000
fastest, while another £3,000 will be given to the idea that gets the most "watches"
and social media shares.

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To participate you must form a team of between two and five people, and your project"
must not be listed on any other fundraising or crowdfunding platform anywhere in
the world".

The competition will run from 31 January to 3 March 2013.

Crowdbnk is regulated by the FSA and aims to enable new entrepreneurs to raise funds
from the public markets.

www.crowdbnk.com/projects/competition 

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 * **[JustGiving develops crowdfunding site Yimby](https://fundraising.co.uk/2013/12/08/justgiving-develops-crowdfunding-site-yimby/)**(
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 * **[Community Development Foundation offers matched funds in crowdfunding challenge](https://fundraising.co.uk/2014/01/08/community-development-foundation-offers-matched-funds-crowdfunding-challenge/)**(
   8 January 2014)
