• Tue. Jul 16th, 2024

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Funding opportunity for graduate entrepreneurs

A start-up programme which offers early-stage businesses thousands of pounds worth of support is seeking a new cohort of entrepreneurs.

Applications are now open for Teesside University’s latest Launchpad FUEL programme, which could see businesses take a share of up to £30,000 in grant funding to develop their companies.

Launchpad FUEL is a six-week intensive mentoring programme open to Teesside University students, graduates and staff who are in the initial stages of starting a business.

Successful applicants will receive a cash grant as well as expert mentoring and coaching and access to financial and investment support. In addition, there will be a bespoke programme of workshops covering areas such as design, business planning, sales and marketing and presentation and pitching skills.

Launchpad is Teesside University’s enterprise engine and provides a vibrant campus environment for pre-starts, new companies and students with creative spaces to start-up, experiment and collaborate.

To apply for the latest Launchpad FUEL programme, entrepreneurs need to create a two minute video and a 250 word synopsis explaining what their business idea is and how the programme will support them.

The deadline is Friday 26 July and the videos must be uploaded to YouTube with a link and the word document sent to L.Dixon@tees.ac.uk.

Launchpad FUEL will get underway on Monday 5 August.

Steve Dougan, Head of Enterprise at Teesside University, said: “Our graduate enterprises are extremely successful and programmes such as FUEL are essential in terms providing the knowledge and skills which aspiring entrepreneurs require.

“Funding is important in the early stages, but what is equally important is access to advice and mentoring from experienced business leaders and peers who are at a similar stage in their journeys.

“I am looking forward to welcoming the next cohort onto the Launchpad FUEL programme and helping to develop what I am sure will be some truly innovative ideas.”