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Launched earlier this year by the Digital Greenhouse in partnership with Blenheim Chalcot, the initiative is Guernsey’s first funded start-up accelerator competition.

Open to new businesses based in Guernsey looking to launch and grow, the opportunity to win early-stage funding to accelerate their development has been met with much interest from the local community.

The venture challenge brings £65,000 of funding to support local start-up businesses including a £40,000 top prize, £20,000 second place prize and a £5,000 ‘youngpreneur’ award to support an entrepreneur under the age of 25.

Pictured: The initiative was launched by the Digital Greenhouse. 

Businesses can apply directly on the Digital Greenhouse website, applications will close on 1 July and shortlisting will take place over the following weeks.

Selected successful businesses will receive an intensive 6-week programme of support from an expert mentor during the summer to prepare for the competition pitch finals will be held in early September.