5 top tips to boost your Startups 100 entry

Written By
Published on 28th April, 2023

The Startups 100 Index 2024 is about to commence – here’s how to increase your chances of a winning entry.

Having your business make the Startups 100 list is an excellent opportunity to gain recognition, exposure, and even funding for your firm. If chosen by our judges, the exceptional startups will receive a place in the longest-running index of its kind, cementing their place in small business history.

Alongside this, they’ll also be showcased to Startups’ huge entrepreneur community – including our hundreds of thousands of online followers – and a specialised publishing package to feature on our website. Best of all, they’ll get all of this completely free!

So, how to submit a killer application? In today’s competitive business landscape, it’s important not to blend in. We receive hundreds of applicants each year, and we don’t want to risk missing out on your incredible business idea.

Below, we’ll go through our top 5 tips to boost your Startup’s 100 entry and ensure you stand out from the crowd. By the end, you’ll have all the key ingredients for a winning application, joining the likes of Deliveroo and Monzo to be named the most exciting new business in the UK.

This is the first thing to consider when sending your entry, and arguably the most important. 

Before you begin, you need to understand the Startups 100 criteria, and ensure you meet the requirements. Luckily, we only have three, easy-to-follow conditions to apply.

To be eligible for the Startups 100 Index, your business must be:

  • UK-based
  • Privately owned
  • Have launched on or after 1st January 2018

Our judges will want to see that your business has ambition. During your entry, we’ll ask you to outline your short-term and long-term goals, and how you plan to achieve them. Highlight any potential obstacles and how you’ll overcome them.

2. Tell your story

The best way to capture our expert judges’ attention is by telling us a compelling story about your business. 

  • How did you begin and why? 
  • What gap in the market did you spot? What problem did you know you had the solution to?
  • Do you have a personal connection to the business you decided to start? 

Share your vision, mission, and how your business addresses a need in the market with as must passion as you can muster – the more the better, as it brings life to your founding story and may put you in the running for additional accolades if your business makes it onto the list, such as “exceptional founder”. 

Real-life examples and customer testimonials to demonstrate the impact of your business are always a bonus.

Every year, we look for businesses with industry expertise and a deep understanding of their market – including any challenges.

Using your entry to showcase your knowledge and expertise in your field is super beneficial because this is where you can show your credibility – and why you specifically are the one to make your business world-changing, transformational, and the next big thing! 

Expertise could include any relevant industry certifications or qualifications, for example, or highlight any partnerships or collaborations with other businesses.

We know it’s hard. You are super passionate about your purpose and totally immersed in your industry. But using overly technical or business speak makes it harder for the judges to surface your strengths and really hear your message. 

Instead, focus on using clear, concise language that is easy to understand by a layperson.

If your business has reached a milestone that you are burstingwith pride about, or received any awards or recognition that have made your mantelpiece, let us know!

Highlighting your achievements will demonstrate your business’s credibility and success to the judges. A few examples of good credibility indicators include:

Since 2008, we have highlighted startup trailblazers including Deliveroo and Monzo – giving them the springboard they needed to make atomic waves in the business world. 

Every entrepreneur who made it onto our list began with a simple idea – they just needed a platform to launch their rocket ship. We can give you that platform. 

Bottom line – we want your submissions to shine. And we’re hoping these suggestions make the entry process simpler and more effective. 

So what are you waiting for? Apply now to the Startups 100 Index and tell us why you will be the most exciting new UK business in 2024.

Written By

Stephanie Lennox is the resident funding & finance expert at Startups: A successful startup founder in her own right, 2x bestselling author and business strategist, she covers everything from business grants and loans to venture capital and angel investing. With over 14 years of hands-on experience in the startup industry, Stephanie is passionate about how business owners can not only survive but thrive in the face of turbulent financial times and economic crises. With a background in media, publishing, finance and sales psychology, and an education at Oxford University, Stephanie has been featured on all things ‘entrepreneur’ in such prominent media outlets as The Bookseller, The Guardian, TimeOut, The Southbank Centre and ITV News, as well as several other national publications.

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