Rapid Formations Entrepreneur Scholarship Programme

Rapid Formations provides professional and affordable UK company formation services to scores of budding and established business owners from across the globe. Our expert knowledge has enabled us to deliver relevant products and consistently high-quality customer service in this increasingly competitive market - so much so that we are now the #1 rated company formation specialists in the UK.

But we want to do even more. That's why we decided to launch the Entrepreneur Scholarship Programme to support up-and-coming business leaders with their entrepreneurial endeavours. With an all-time record high of 6 million private sector businesses in the UK, 99% of which were small to medium sized, we recognise the importance of encouraging and facilitating business innovation and creativity.

Now in its tenth year, our Entrepreneur Scholarship Programme is open to all individuals who have received an offer from, or are currently undertaking undergraduate or postgraduate study at an officially-recognised higher learning institution in the UK or the US. The aim of the award is to assist with the financial costs of study, through which the acquisition and development of skills will potentially culminate in a successful enterprise.

Value of the award

Up to 5 scholarships of £500 ($750) will be awarded on a competitive basis to candidates who can clearly demonstrate academic excellence and/or entrepreneurial potential. The funding may be used for any purpose related to the advancement of study.

Eligibility criteria

Our Scholarship is open to anyone who has received an offer from or secured a place on an undergraduate or postgraduate programme, either full-time or part-time, at a recognised higher learning institution in the UK or the US.

Application process

1. Select the 'Send Your Application' button below. This will provide you with the email address to send your application to
2. If you have received an offer: Attach a copy of your letter of acceptance from your university or college to your email
3. If you are currently studying: Attach a letter of recommendation from your tutor or course co-ordinator
4. Attach an 800-word essay outlining your entrepreneurial idea and the reason(s) why you require financial support
5. Send your email application to us

Application deadline

Applications for the 2023-24 scholarship must be submitted before 31st August 2024.

Award date of scholarships

The scholarships will be announced and awarded to successful applicants by 30th September 2024.

Assessment process

Scholarship applications will be assessed based on the following criteria:

• The quality of your entrepreneurial idea, outlined in your 800-word essay
• The reason(s) for your financial need, as outlined in your 800-word essay
• The quality of your academic offer or letter of recommendation from an accredited UK or US learning institution