Do you think you have the next big idea for an app under your bonnet? If so check out The Big App Fund competition for 2014. The competition is open to app entrepreneurs aged 18-35 from anywhere in Europe, with a retail or e-commerce-focused app (it can be complete or in development). The video above explains the process if you fancy entering. The prizes consist of a potential equity-based investment for the winner and two runners up amounting to £150,000 and £100,000, respectively. The competition opened for entries on the 1st September 2014 and closes on the 6th October 2014, so get in quick. Judges include senior Facebook executives and finals will be at Facebook’s new London HQ.