Dragons’ Den 2017 – Applications Encouraged!

Our next Dragons' Den will be Friday 21st April 2017.

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We have spaces available for enthusiastic individuals and organisations to pitch at our next Dragons' Den.. This is a fun event, with lovely, kind dragons and good food too! All you need is an idea with how you would spend £500 to improve the Radstock-Westfield community - it doesn't have to be complicated. Get in touch soon and Sarah can discuss it with you: sarah.westell41@gmail.com 07845 756 700

This is a great event where the attending residents of Radstock and Westfield get to decide which project ideas they want to see happen!

The Dragons’ Den pot is designed to enable individuals and organisations to receive money to carry out projects that will benefit the Radstock and Westfield communities, which include Writhlington, Clandown, Tyning and Haydon.

All applications will be considered and acknowledged upon receipt, we are also available to assist you to complete your application and or pitch. Please ask; we are happy to help.

Please return your application form either via email to sarah.westell41@gmail.com or post to Radstock & Westfield Big Local, The Oval Office, Cobblers Way, St Peters Business Park, Westfield, BA3 3BX.

On the day:

The doors will open at 5.30pm to allow you time to dress your small display table, perhaps using photographs and your original application form or something more creative, for residents to view prior to the main event starting at 6pm. Portable props/aids are welcome.

You will be allocated 90 seconds to “pitch your idea”. There will be a roving microphone which will come to your table.

Each kindly Dragon will then ask you a question about your idea/event.

Total time per participant is 5 minutes.

At the end of the pitches the members of the public present will vote for the projects they would like to see funded.

RULE 1: THE PITCH

Applicants must start the pitch by stating their name, the title of the concept, activity or idea and the amount of money they are pitching for.

Followed with a pitch / appeal / description of what you intend to do with the money for just 90 seconds. If it exceeds 90 seconds, the Dragons will stop the pitch.

We advise that the pitch doesn’t work as well if the applicant is not present on the day to inject enthusiasm into the pitch.

RULE 2: THE Q&A

During the questioning all applicants will be treated fairly.  The Dragons’ questions will not be trying to catch you out.  Instead, they will be asking the sort of questions that members of the audience might have.  For example, if it is not clear how you will find people to take part, a Dragon might ask you to clarify.

RULE 3: FUNDING

Once all the pitches and the Q&A have been completed, all the Radstock & Westfield residents present at the event will be asked to take part in a voting process to decide which projects will be funded, so please encourage your friends and family along to support your application.

RULE 4: THE DEAL

  • The deal agreed on the day is a verbal non-binding agreement that will be subject to due diligence checks.
  • Terms & Conditions will be sent out to the successful applicants which must be agreed and signed prior to any payments being made.
  • Grants will be paid to bank accounts or, in some cases, will fund direct purchase of goods/services.
  • Grant recipients must be fully committed to completing their project as described in the application form and presented at the event. 

THE DRAGONS’ DEN EVENT

The Dragons’ Den celebration will take place 21st April 2017 where the funding will be allocated by local residents to local residents during the event.

A buffet will be available whilst all the votes are being counted. Please inform us of any dietary requirements.

We will be photographing and recording the event.  If for any reason you do not want to be included in published or broadcast material you must let us know in writing.

About Local Trust/ Big Local

  1. Big Local was launched by the Big Lottery Fund in July 2010 to support 150 small urban and rural communities to come together to make their areas even better places to live, with over £200 million for funding and support.
  2. Managed by Local Trust, Big Local is targeting areas that may not have been successful in gaining funding and resources in the past. Each Big Local area is receiving at least £1m Lottery funding over the next 10 years, along with support, training, and networking opportunities, to help residents develop plans to improve their area and empower them to find solutions that work for their communities. More information on Big Local is available at http://www.localtrust.org.uk/