By Claire West

As the chancellor’s comprehensive spending review cuts up to half a million jobs in the public sector, Billionaire Tycoon with Venture Giant launches a competition to find entrepreneurs ready to start their own business and help Britain’s economy.

Billionaire Tycoon, the game for entrepreneurs, with Venture Giant, the leading online network that brings investors and entrepreneurs together, are looking for winning ideas to put to Venture Giant’s investor network and the prize is the funding and advice that people need to make their business idea a reality.

Billionaire Tycoon is a game launched by Seth Surya and Shameek Upadhya who, between them run three businesses - a private jet brokerage firm, a real estate company and a jewellery brand - to encourage entrepreneurship.

“Now is the perfect time to start a business,” commented Seth. “Starting costs are often lower during a recession and the very real threat of redundancy is often the spur that people need to help them make that step to self-employment. This competition gives people an excellent chance to meet with investors and gain useful advice.”

Founder of Venture Giant, Rishi Anand, added: “Forget Dragons’ Den and the Apprentice, Venture Giant connects entrepreneurs with real investors every day. We recently had a student seeking £30,000 of investment and he received interest from a combined investor capital pool of almost £3 million because Venture Giant has targeted information allowing us to approach investors with ideas in which they are actually interested, increasing the likelihood of funding.”

All the entries will be considered by Seth and Shameek, creators of Billionaire Tycoon, with the shortlisted ideas sent to Venture Giant, where they will be reviewed by Rishi Anand and extra guidance will be provided to prepare the proposals for investors. The entries will then be despatched to over 500 UK-based multimillionaire investment groups via the Venture Giant network completely free of charge.

Entries for the competition must be submitted by Sunday 21 November, the last day of Global Entrepreneur Week (15-21 November) and entry details can be found at www.billionairetycoon.co.uk