Terms and conditions
Please also see The Times general terms: https://www.thetimes.co.uk/article/general-terms-and-conditions-for-competitions-3zt0w09v9kp

Applications are invited from Scottish businesses only. Companies should provide details of their trading address in Scotland.
Only one application per business.
Entries close at midnight (23.59) on the 14th October 2018. Entries received after this time will not be considered.
To be eligible to enter, candidates must commit to being available to attend the pitching event which takes place at Royal Bank of Scotland’s headquarters at Gogarburn Edinburgh on the 29th October 2018 and starts at 5pm.
Entrants will be subject to a two stage judging process. Round 1 judging will take place between 15th and 23rd October 2018 and successful candidates will be contacted directly once this is complete. Round 2 judging will take place at the live awards event on the 29th October 2018 by a panel of judges and invited guests.
Judging decisions for this competition are final.
Only one person from each of the finalists taken through to Round 2 will be invited to pitch on the 29th October.
Travel costs from the companies’ usual trading address by Standard Class public transport or reimbursement of petrol costs based on recognised HMRC allowances. Overnight accommodation will be provided for the person pitching.
The “Blue Sky” Fintech Award is aimed at early-stage financial technology businesses or individuals with new ideas. Open to pre-revenue companies trading for less than a year, you must be able to clearly display originality and innovation and on the potential market impact of your idea.
The winner of this category will receive a prize of £10,000, with £5,000 for the runner up. The third placed entry will feature in a special article on the competition in The Times and will be offered a place in the Royal Bank Accelerator programme.
The “PowerUp” Fintech Award is for financial technology companies that have been trading for less than three years. Applicants should be at minimum viable product (MVP) stage onwards and judging will be based on originality and innovation as well as on validation and traction.
The winner of this category will receive a prize of £80,000, with £20,000 for the runner up and £10,000 for the third placed entry.
All six finalists will feature in the Times article will be offered a 6-month place in the April intake of the RBS Accelerator in either Edinburgh or Glasgow based on their preference. Full details on the joining process will be provided to the successful businesses.
You must provide a 150-word summary of what you or your business does and provide a three-minute video pitch. Your video will be required to explain:
• What you or your business does.
• How you do it.
• Who your customers are.
• What traction or validation you have gained so far.
• Why you believe you and your team can deliver on its goals.
• What you think makes you different from the competition.

Please keep your pitch to three minutes or less – judges will stop watching after 180 seconds and any material included after this deadline will not be considered.