The Voom Bus is coming to Winchester

The Voom Bus

The ‘Voom Bus’ will be coming to Winchester on Thursday 19 October to promote the ‘VOOM’ competition, finding the best new business ideas across the UK.

Officially announced by Britain’s most famous entrepreneur, Sir Richard Branson, the first ever VOOM Tour will take the national competition out of London over the next six months to track down the brightest business ideas from right across the UK and Ireland. With Virgin Media offices at Crawley Court, just outside the city, Winchester was an obvious choice for one of four ‘major stops’ on the tour itinerary.

VOOM is the country’s biggest pitching competition, begun in 2011 to encourage the UK’s next generation of business men and women, and to give them the tools they need to thrive and grow. This includes advice, recognition, connectivity and – for the lucky ones – cash.

New research from Virgin Media Business, to coincide with Voom Pitch and the Voom Tour 2017, shows that almost two in five people think they’ve had a great idea for a new business. However, more than seven in ten of this group – the equivalent of over 13.8 million people - suffer from ‘business diffidence’, and haven’t done anything with their idea due to a fear of failure. Half the respondents who didn’t turn their ideas into reality saw a lack of funding as their main obstacle, followed by 37% who cited a lack of confidence preventing them from realising their dreams.

Winchester City Council has committed to being an enterprising organisation under its new Council Strategy, and is keen to encourage a similarly enterprising culture in the local economy. Winchester City Council aims to make the District a premier business destination, and this kind of partnership with Virgin Media Business will ensure that we are well and truly on the map.

Virgin Media Business is looking for local people with the courage to pitch their business idea at each tour stop, giving them the chance to win a regional prize of £5,000 and one of ten chances to meet and receive advice from Sir Richard Branson. Experts from partners including Virgin StartUp will also be on hand to provide valuable expertise, help and advice on how to launch and scale a start-up.

The national competition will return in March 2018 and will again provide the chance to win a share of £1 million in prizes. For more details on the tour and for anyone with a great business idea, who wants to register to pitch at their local event, they should visit virginmediabusiness.co.uk/voom.