Could you be Cotswold Fayre’s Young Food and Drink Entrepreneur of the Year? Win cash and mentoring support to help progress your business.
Fine food producer, Cotswold Fayre, have launched 2017’s start-up support scheme, Young Food and Drink Entrepreneur of the Year. Celebrating its fifth year, the initiative aims to help food entrepreneurs aged between 18-25 years old with financial and mentoring support to make their new product innovation a success.
Are you aged between 18 – 25 years old and have a new fine food product that you are looking to bring to market? Or do you have an existing foodie business that you want to take to the next level? If so, Cotswold Fayre is offering £1,500 in funding and a year of mentoring from company Founder, Paul Hargreaves to help you progress your business.
Applications will be accepted from 3rd April and close on 30th June. Apply now.
New products going to market in the food and drink industry today have to be about more than just taste. The demand for innovative, functional and nutritious products is bigger than ever before. Often, the most exciting new product innovations come from small start-ups.
The winning business will be awarded £1,500 to help grow the business, plus monthly mentoring sessions with Cotswold Fayre’s chief executive Paul Hargreaves to help develop their business plan. Cotswold Fayre’s in-house designer will work with the winner to develop a strong brand identity through design.
Paul Hargreaves said:
Starting a business myself 17 years ago, I completely appreciate that the hurdles to starting a business can be daunting. Our start-up support scheme is unique in that we are not only offering a monetary support but I am also mentoring the winner throughout the first year to help them to accelerate their business plan.
Last year’s winner was Olly Hiscocks, owner of Olly’s Olives. His aim with the company is to shake up the olive market through colour, flavour, character and naturally produced olives. He doesn’t use any additives, preservatives or chemicals.
Winning Young Food and Drink Entrepreneur of the Year has been a massive milestone for the business. The prize money has been invaluable in pushing our new products forward and the award has helped to attract new stockists.
Paul has been brilliant – he has such in depth and extensive knowledge of the food industry, which I feel very lucky to have had a slice of! His mentoring has been extremely helpful and guided me in making the right decisions for the business.
The next six months are going to be huge for Olly’s Olives with new products, new packaging, new flavours and even new offices – here comes the Olivelution!
Jerome Jacob, founder of PHROOTI – fruit teas with real fruit won in 2015. The 24-year-old University of Sheffield graduate worked in advertising for two years before quitting to start PHROOTI.
In 2014, the winner was Chris Hannaway, whose company Overly Sports Drinks makes premium sports drinks. His company’s mission is to make sports hydration drinks better, through real ingredients made in a kitchen, not a lab. The drinks are made with coconut water and all-natural sweeteners and flavours.
The Cotswold Fayre Young Food and Drink Entrepreneur of the Year Award is accepting applications. Entries for this year’s award close on 30 June 2016. Apply now.
Disclosure: This post was sponsored by Cotswold Fayre.