The competition is open to students, staff and alumni who are passionate about social enterprise. You need to submit a three minute video and a 250 word summary.
The deadline for entries is 9 March.
Andy Price, Assistant Director of the Institute of Digital Innovation, says: 'This is an excellent opportunity not just to win one of three cash prizes, but to be creative, develop an idea and develop your own skills that could change people’s lives.
'Taking part is a great way to learn and perhaps make a real difference.'