01278 228004

Chamber News

You are here: 

Young Somerset entrepreneurs invited to apply for £300,000 Stelios Awards

Monday 16th February, 2026

Young business owners in Somerset are being encouraged to apply for the 2026 UK Young Entrepreneur Awards, launched by Sir Stelios Haji-Ioannou, creator and owner of the easy family of brands.

The award programme will see £300,000 in cash prizes awarded to three young UK entrepreneurs whose start-ups are already generating at least £500,000 in annual revenue.

The awards are now open for entries and offer not just funding, but national recognition and profile for ambitious young founders.

Who can apply?

The 2026 UK Young Entrepreneur Awards are open to:

  • Entrepreneurs aged 34 or under (born in 1992 or later)
  • Owners of UK-registered limited companies set up in 2021 or later
  • Businesses with latest annual revenues of at least £500,000
  • Founders who are directors of the company and own more than 50% of the shares

Key dates

  • Applications close: 5pm GMT, Monday 23 February 2026
  • How to apply: Download the application form from stelios.foundation and email the completed form to maya.turnbull@stelios.com by the deadline
  • Winners announced: 31 March 2026, during an online ceremony via Zoom hosted by Sir Stelios

Last year, the awards received 180 applications, more than double the previous year. Former winner Ayan Mohamed, founder of Digitech Oasis, said “These awards are so useful to a young British entrepreneur like me. The prize money has been so vital to my company this past year, but the recognition and publicity from being associated with Sir Stelios has also been such a big boost for us.”

About the awards

The Stelios Philanthropic Foundation is launching and funding the UK Young Entrepreneur Awards as part of its mission to support job creation and enterprise in the communities where Sir Stelios and his family have lived and worked, including the UK.

The foundation has been running similar entrepreneur awards programmes in Greece, Cyprus, Ireland, Monaco and France for many years, helping to support local economies through business growth and employment. The majority of the profits of easyGroup go to the Foundation.

How to apply

Latest news

Somerset businesses urged to apply for The King's Awards for Enterprise before September deadline
July 28, 2026

Applications for the UK's most prestigious business awards are open until 8 September, offering five years of national recognition to successful applicants Somerset businesses with a strong record of achievement are being encouraged to apply for The King's Awards for Enterprise, the UK's most prestigious business awards, before applications close in September. For eligible businesses,…

Read More
Hatched Takes Flight with Firepool Move, AI Innovation and Team Growth
July 28, 2026

Award-winning Somerset creative agency Hatched is entering an exciting new chapter with significant investment in its team, services and future. This includes the launch of a dedicated AI division, the creation of new roles, and a move to the Firepool Digital Innovation Centre in Taunton. The expansion follows a period of rapid growth for the…

Read More
The latest edition of Sedgemoor InBusiness is out now, here's what's inside
July 27, 2026

Edition 9 of the Chamber's magazine rounds up Somerset Business Expo, a major update from Agratas, member news and practical business advice The ninth edition of Sedgemoor InBusiness, the official magazine of Sedgemoor Chamber of Commerce, has just been published, bringing together the latest news, member stories and practical guidance for businesses across the region.…

Read More
Free places available on Frome course helping people turn business ideas into reality
July 27, 2026

Enterprising Together, a hands-on course from Edventure, opens for enrolment this September, with funded places worth £2,500 available to Somerset residents at no cost Anyone in Somerset sitting on a business idea they've never quite found the time or confidence to start now has a practical route to get going, with enrolment open for the…

Read More