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 eighth year, our Entrepreneur Scholarship Programme is open to all individuals who 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.

Calling all UK & US students

Last year, our company formation experts received hundreds of incredible scholarship applications from some of the UK's and USA's best and brightest students. We were proud to have helped fund the studies of the UK's and USA's most promising up-and-coming entrepreneurs.

For our eighth annual scholarship programme, we accept entries from UK and also US students currently enrolled in full-time or part-time study at an accredited college or university. Why? Not only is the US our #1 overseas market, but the nation also plays home to some of the globe’s most inspiring and enterprising students. We’re keen to see what they’ve got to offer – and so we’re encouraging any and all American higher education students to join our UK students, and apply for this year’s programme.

Value of the award

Up to 20 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.

Application requirements

Our application process is remarkably straightforward, but we do expect you to make a good case, nonetheless. In order to be considered, please provide for us with:

• A copy of the letter of acceptance from your university or college.
• An 800-word essay discussing the way in which our scholarship could help you work toward or develop your entrepreneurial idea. (There is no set format for this essay: we simply ask that you explain why you feel you’re deserving of the scholarship, and how you would make use of the additional funding.)

Assessment process

Your application will be carefully considered and assessed on the following principles:

1. Academic eligibility
2. Ability to demonstrate an unequivocal entrepreneurial passion
3. Potential benefits of additional financial support

Qualifying criteria

• All applicants must have secured a place on an undergraduate or postgraduate programme, whether full-time or part-time, at a recognised higher learning institution in the UK or the US.
• Demonstrable entrepreneurial attitude and leadership skills.
• Clear evidence of the need for additional financial support.

To find out if your learning institution is accredited in the UK, click here.

To find out if your learning institution is accredited in the US, click here.

Application deadline

Applications for the 2021-2022 scholarship must be submitted before 31st August 2022.

Award date of scholarships

The scholarships will be announced and awarded to successful applicants by 30th September 2022.

How to apply

To apply for the Rapid Formations Entrepreneur Scholarship, please follow these steps:

1. Select the 'Send Your Application' button, below. This will provide you with the email address to send your application to
2. Attach a copy of your letter of acceptance from your university or college to your email
3. Attach your 800-word essay to your email
4. Send your email application to us