Insight 43 - Magazine - Page 9
The Lord-Lieutenant's
Entrepreneurs Challenge
T
he Lord-Lieutenants Entrepreneurs
Challenge has been held annually
at The County Show since 2019.
During that time there have been some
great young business’s winning the
substantial prizes which this year will
comprise the following-with more being
donated all the time:
• All finalists will be offered Bronze
membership to the Hertfordshire
Chamber of Commerce.
• Pearldrop would be delighted to offer the
winners of the Challenge a video (up to
the value of £2000
• Vida Barr-Jones Ltd sponsoring a prize of
a Brand DNA Workshop
• 3 hours of time intellectual property
advice per winning category
• Per winning categories, 2x one-hour
sessions with one of our business
advisors
• All 10 finalists have the option of joining
the incubator hub for 12-months
• Per winning category, 2x 1-hour sessions
of legal advice which can be tailored to
the winner’s needs
• HR Advice from The Grove Hotel, Watford,
HR Director – once a month for a year, on
call for support and signposting
• Eastern Cyber Resilience - First Stage Web
Assessment of the winner’s website.
• Prize offering for the winners will be a
complimentary financial consultation
session, providing valuable insights for
their business growth.
• Insurance Consultation and review
• Free business banking one year and a
dedicated Relationship Manager who can
support the growth of their business by
offering financial advice
• FreshStance will be pleased to provide
12 months of remote IT support to
the winners of the Lord Lieutenant of
Hertfordshire’s Entrepreneurs Challenge
for up to 10 employees
We will be delighted to provide the
winner with:
• 12 months remote IT support for up to 10
employees
• IT Support onboarding including remote
health check and IT review
• IT and telecoms consultancy and advice
• IT and Telecoms Procurement
• Cyber Security guidance
• Services will be delivered as per
FreshStance standard IT support
agreement. Software, software licenses,
hardware costs project work and onsite
support are available as additional
services.
For the runner up and recipient of the
special recognition award FreshStance
are happy to provide remote IT support
and the other services listed above for 6
months.
For all finalists, FreshStance will be
happy to provide:
• Full IT review
• IT consultancy and advice
• Cyber Security advice
• 20% discount on IT services with free
IT Support onboarding if the business
would like us to provide this service.
• Google Business Profile set up, advice &
guidance for 1 year (value £120)
The total prize for the winner alone is
monetized at over £25,000-an amazing
opportunity for a young business. And
the finalists get the chance to show their
product and services to some 35,000
Hertfordshire residents for 2 days at the
County Show in May.
I am often asked why I was so keen to
support young entrepreneurs and thus
start the challenge.
I realise that young people (and those
not so young) have so many great
business ideas that never come to
fruition for fear of getting started or
failing. I recall when I started my own
company how I was desperate for
support and guidance from those with
business and commercial experience
and thus I have always felt the need to
show my support to those setting out
in business. After all if so many great
business ideas never get further than
merely being ideas-we will have no
progress and technological advance
will stand still. Here in Hertfordshire-the
County of Opportunity-where better to
show that support.
We have extended the criteria a little this
year to allow businesses who have been
trading for up to 5 years to enter and all
entrants will be judged by a number of
the county’s top business leaders.
Entry criteria:• Open to all with a service or product
that meets the criteria below;
• Innovative and enterprising idea (does
not have to be linked to agriculture)
• Business running for less than 5 years
• Has the potential for growth
• Based in Hertfordshire
So if there are any businesses
reading this or known to others please
CLICK HERE for more details
Robert Voss CBE CStJ
HM Lord-Lieutenant of Hertfordshire
biz4Biz.org
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