Got a digital startup idea? Enter SeedComp and maybe win £10k . .

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The team behind the Culture Tech festival in Derry have announced a £20,000 competition for digital startups, alongside a range of new speakers and acts for the August event.

Culture Tech, a four-day festival of digital culture, music and technology, will take place between August 29th and September 1st, in the run up to the city’s tenure as UK City of Culture in 201.

Seedcomp, which opened yesterday, is looking for the region’s best new digital business ideas and is open to anyone interested in setting up a digital business in the city. It has a first prize of £10,000 and two runner-up prizes of £5000 each. A selected shortlist of entries will be invited to present to a judging panel of investors and entrepreneurs during the Culture Tech festival with the three winners presenting live on-stage in front of an estimated 500 delegates, before collecting their awards.

High-profile speakers confirmed for CultureTech include Sir Nick Kenyon, Director of the Barbican in London, Idan Cohen, co-founder of Boxee.com and Julian March, the new Head of Digital for ITV news, sport and weather. The festival, which is being backed by Invest Northern Ireland, Northern Ireland Screen, Seagate and urban regeneration company ILEX amongst others, will be announcing a major programme of music events, as well as its main keynote speakers, in early July. Tickets are available online at www.culturetech.co with further information about SeedComp at www.digitalderry.org