Founders of the Future is an organisation that offers tools, programmes and events for “future founders” under 30, which are those entrepreneurs that are not running their startup full time but will do so in the future and are interested in entrepreneurship.
Their programmes are, The F Factor (Startup competition for under 25), The Fellowship (invite only community) and The Campus Ambassadors programmes for University students.
The F Factor is the UK’s premier startup competition for 18-25 year olds.
The F Factor goes across the UK to find entrepreneurial talent. To enter the competition you need an idea, a seemingly working prototype (does not need to be a fully working MVP but rather a prototype that shows how your idea works) and a pitch in video of your startup idea.
The core values of the competition are diversity and inclusion as well as following the UN Sustainable Development Goals. Therefore, participants are encouraged to enter the competition with startup ideas that solve big problems and have good impact in society.
The competition is divided in 5 regions across the UK. The winner of each Region will win £1,000 equity free cash and the National Winner will win £10,000 equity free cash.
The F Factor team help you with your application by hosting a workshop on the 19th of January 2020 and providing resources in their website as well as answering any questions over email.
Participants are advised to fill in the eligibility form and submit their application early to ensure a spot in the semi-finals. The early deadline to ensure a spot in the semi-finals is 19th of December 2020 but applications will be open until the end of January 2021.
You can fill in the eligibility form here