Each year, individuals aged 18-40 can compete for the CYEL prize which awards creative entrepreneurs who have found a unique approach to solving a problem, changing an existing process or in some other way used creativity in development.

As part of the application, individuals are asked to describe their business, as well as roles and responsibilities therein, plus details on what makes the product/service innovative and how it is different compared to others. 

Interested parties should submit their dossier before 4 May in order to be considered. 

The finalists of the competition will be announced during a gala event on 6 June at the Luxembourg Chamber of Commerce.