Fund101 - Up to £5,000 start-up funding available per month!

[TyligoTrailers]

Good morning everyone,

You might have heard of it already, but here is a quick reminder about the fact that the Enterprise Nation is running the Fund 101 (www.enterprisenation.com/fund101)

Fund101 - Up to £5,000 available per month

"If you have an idea for a business and need a bit of cash to get started or you’re running a small business and need up to £500 to buy equipment, promotion flyers, hardware etc, you can apply.

Apply for between £50 and £500 and once you receive the money, the only thing we ask is you agree to be profiled on the site so we can see how you’re getting on. The money doesn’t have to be paid back; it’s for you to use on your idea or business."

The idea is to get people to vote for you, if you are after £500 you need 500 votes!

Which is our case!

Since you can vote for as many entries as you want, we would really appreciate if you could vote for us following this link:

http://www.enterprisenation.com/fund...-concepts-ltd/

It just takes a minute to register and you can then submit your own entry too!

Thanks a lot guys, and if you also decide to apply for it please write the link of your entry below and we will vote for you, which is the good thing of being part of a network!
The Tyligo team.

[lordlancaster]

Good luck with your entry Matthieu!

Of all the business start-up competitions out there, I'd say Fund101 is the easiest way to get your hands on a little bit of cash.

The entry process is very simple. You just register for a free account (although it says that they've put a temporary hold on new applications), upload details about your business/idea and encourage people to vote for you.

1 vote = £1

You can apply for between £50-£500 but whatever your target you will need to reach the same number of votes. If you don't, you don't get any money.

Sounds simple? Well, yes and no. Understandably, most of the businesses on the site (http://www.enterprisenation.com/funding-applications/) are asking for the full £500 but are nowhere near reaching 500 votes.

So, unless you have LOTS of friends (or a very large mailing list of clients/customers) I'd recommend that people apply for a smaller amount of money, e.g. £50 or £100 so they have a greater chance or hitting their target.

Like most business awards (including our own £1,000 Grand Ideas Awards), the cash isn't the only thing to take into consideration. If you win, the money will be spent in a moment but you will always be able to say that you won a 'Fund101 Award sponsored by Enterprise Nation, PayPal & Intuit'. The kudos and exposure/PR you will receive through their site is actually worth much more than the cash alone.

On a personal note: My wife has actually entered the competition for her 'Baby Friendly North East' website - an online community offering information on baby-friendly cafes, restaurants and fun things to do in the North East of England.

She's asked for the full £500 but so far has only received 28 votes.

If you'd like to help her reach 500 votes (& prove me wrong) then you can vote for her idea at: http://www.enterprisenation.com/funding-applications/baby-friendly-north-east/

[simms - juke]

Just Signed up and voted for both business.
Good luck

selinna x

[lordlancaster]

Thank you Selinna, that's very kind of you

[dan_plan]

Voted for both.

Good luck to both of you.

Dan

[TyligoTrailers]

Thanks a lot guys, that's nice of you.

[JoHalstead]

I would urge others to apply to Fund 101. I signed up on the day it launched, and about 3 weeks later I won £500 (yet to receive the money). I have received lots of exposure on the Enterprise Nation website and have met some great contacts. It IS possible to reach the 500 votes, it just takes a lot of hard work! I sent messages to every single Facebook friend, and constantly updated my Twitter profile with my personal Enterprise Nation URL, asking people to vote and RT it. Now I'm trying to take the same approach with the Grand Ideas video pitch, though I can't see how many people have voted so it's hard to quantify how well I'm doing.. (shameless plug: more votes always appreciated!)

You can read my Fund 101 winner's profile here: http://www.enterprisenation.com/blog...los-vagabonds/

P.S. I voted for both Tyligo Trailers and Baby Friendly N.E too!

[lordlancaster]

Hey Jo, congratulations!

That's great to hear that you reached the £500 target. Good luck with your Grand Ideas Awards now too.

Very kind of you to vote to Tyligo and Baby Friendly North East also.

[bein.com]

Thank you for sharing!

I have voted for you too... Baby-Friendly-North-East & MBP-Concepts-Ltd

Unfortunately the applications are now closed...
Good luck with your ventures.
Regards
Jan
PS: feel free to promote your businesses and services on beIN for free (under Services)

[TyligoTrailers]

Thank you all for voting for us so far!

The votes are still open, which is a good thing since your fellow Shell LiveWIRE members need some more (See links below)

Feel free to support as many entries as you want. It just take 30 seconds to register!

http://www.enterprisenation.com/fund...-concepts-ltd/

http://www.enterprisenation.com/fund...ly-north-east/

[AlexanderSmith]

I have voted for you all above :-)

[Tinaye]

Now Registered will be applying soon for Fund101.

Also just Voted for both Tyligo and Baby Friendly North East,good luck to them both and to you to with your plans going forward Jo!

[andrewpallett]

What a great site - I'm sure we will all be applying for cash soon!

[lucien]

Hi guys,
just voted for each one of you who posted a link... GOOD LUCK.
Please look out for my application for the next month's entries, as they are no accepting anymore application this month...
cheers
Lucien

[lordlancaster]

Thanks Lucien.