UK-based Ardonagh Group’s charity arm has launched this year’s Bright Future Prize and is looking for young applicants to share in the £40,000 ($76,046) fund.

The Ardonagh Community Trust scheme aims to invest in the next generation of leaders and innovators. It is open to people aged 15-21 in markets where Ardonagh has a presence, including Australia, the UK, Singapore, South Africa, Switzerland and several other European nations.

Applications are sought in four categories: your community; your planet; your vision; and your passion. They close this Friday. 

“It’s inspiring to be part of an insurance group with a charitable mission ... Through Bright Future we have a unique opportunity to invest in the next generation – helping them to make a difference,” Ardonagh Australia chairman Paul Lynam said.

Ardonagh acquired Australia’s Envest and PSC Insurance Group in recent years.  

The prize, now in its fifth year, was awarded to Chloe McCormick from Victoria in the “your planet” category in 2024. Her CodeGreen project sought to teach children coding to solve challenges connected to climate change.

Sydney-based Kanisk Aggarwal won in the “your vision” category last year for his health diagnostics technology aimed at improving care at home.

Applications are open here.