The Postcode Lottery Green Challenge Scholarship has officially opened, giving prospective and current students the chance to secure funding for a postgraduate degree that will help lead to the development of a ‘green-themed’ business concept.

The competition is a unique funding opportunity that offers students up to £20,000 to fund a postgraduate degree related to their green idea.

The competition is open now, and the deadline for submitting stage-one entries is 5pm on Monday 27th March 2017. Only those studying or planning to study with Open University or The University of Edinburgh can apply.

At last year’s competition, in June 2016, ‘green’ innovators from across Great Britain took one step closer to achieving their dreams, thanks to winning one of the Postcode Lottery Green Challenge Scholarships.

The entrepreneurs pitched their 'green-themed' concepts aimed at tackling climate change head on at the final held at the Edinburgh Centre for Carbon Innovation.

Overall winner Angus McKimmon’s concept was to provide smart power solutions in the form of vehicle-to-grid and battery panels.

Speaking after the announcement of his win, Angus said, "I'm absolutely overjoyed - and in shock! I'm so pleased to have taken part and can't wait to show the idea to even more of the ‘green’ community. Now I've been given the chance to study a full-time MBA at the University of Edinburgh Business School. My advice to any applicant next year is to just take your time, think everything through, and do all your research!”

Sanjay Singh, Senior Programmes Manager at People’s Postcode Lottery, said, The Green Challenge Scholarship is an amazing opportunity for such a huge range of students hoping to study at postgraduate level. Not only are the students adva­­ncing in their education, but they’re coming up with fantastic ideas that will help both people and planet. We’d like to say a huge thank you to our players for making it happen.”

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At last year's Green Challenge Scholarship competition, innovators took a step closer to achieving their green dream