Entrants had until August 3 to come up with an idea, formulate a business plan and complete the online form on this site.

Now the Investors will shortlist the entrants into those finalists they wish to see pitch their ideas in the TTG boardroom overlooking the River Thames.

Finalists will come to London on September 4 to pitch their ideas to the Investors and to negotiate the level of equity in their company they are prepared to sell in return for the £100,000.

All finalists will be invited to the Grosvenor House in London on September 22 for the TTG Travel Awards, where the winner of the TTG Big Idea will be announced.

TTG will feature the winner in TTG and will follow their fortunes thereafter.

  

HOW THE WINNER WILL BE PICKED

The investors will decide on the equity stake they want in your company, via a discussion with you, based on:

  • How good your idea is
  • How risky your project is. This will be determined by:
  • Do you have a working prototype and existing sales?
  • Level of competition?
  • Expected size of market: it is always easier if a project needs only 2% market share to make money
  • Quality of your management
  • Experience of managing a team
  • The business plan you put forward
  • Your passion for your project…what are you willing to risk?
  • How much of the investors' time will it require?