- GO to www.theboschallenge.co.uk , where you will find an entry form for the Bank of Scotland Corporate £35m Entrepreneur Challenge to download and complete.

- Before completing the form make sure your business satisfies the entry criteria. It must be a UK business operating in a British or global market with a turnover of at least £2m, which is wholly or partly privately owned.

- Start-up firms and businesses in property, insurance and banking are not eligible to enter and other exclusions and limitations apply. You will need to show continuous trading for the last three years and two years’ sustained growth in sales, revenue or profit. Your business should be driven by an able management team and you should be able to demonstrate strong entrepreneurial spirit.

- Think hard. Your entry is the first stage of the judging process so you need to include as much information as necessary to help the judges understand your vision for your business, why it has been successful and why you think it could go a lot further. This should include a brief history of the business, an explanation of your products or services and the market in which the business operates as well as an outline of your strategy and future plans.

- We want to know why you believe your business is entrepreneurial, whether it has any noteworthy factors – for example, a social or environmental benefit – and an outline of how much funding you think you need to achieve your goals and how this would be used.

- As part of the assessment process you will also be required to provide a full set of financial statements that include verified accounts for the previous two trading years and three years’ projected accounts. Accounts are to include profit and loss, balance sheet and cashflow statements.

- The closing date for entries is May 19, 2008.

- If you have any questions about the Entrepreneur Challenge, or require guidance on completing the entry form, call the Entrepreneur Challenge hotline on 0845 603 6022.

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