InQUBEate is our 8 week mentoring and training programme that supports student entrepreneurs. Participants have weekly group and 1-1 mentoring workshops, receive seed funding, supplemented by training sessions covering all aspects of running a successful start-up business, including marketing, pitching, and business planning. If you are successful in receiving an award, you will automatically secure a place on our InQUBEate programme which will begin at the end of January.
Our Award breakdowns are as follows:
‘Try It’ Prizes
Win funds of up to £500 to get your social enterprise or business idea off the ground. To win a Try It prize, you don’t need to have a business plan, just a problem you want to solve and some idea how you might do it. You might want to test a solution to a problem you see around you on campus or in the community. Or it might be you want to test out a business idea.
‘Grow It’ Prizes
Win funds of up to £5000 to develop your existing profit-making or social enterprise. To win a Grow It prize, your enterprise doesn’t have to be profitable yet, but you need to show a clear pathway to profitability. We’ll also ask you to outline exactly how this money would help you to take your enterprise to the next stage.
‘Build It’ Prize
If you have an idea that you can’t test before you’ve developed a prototype, you can apply for up to £10,000 to develop one (e.g. an app, website, or physical prototype). To win a Build It prize you need to undertake significant market research to show that your product has commercial potential and offers an innovative solution to a market need.
For feedback on your idea please book an enterprise appointment by calling 020 7882 8533 and click on the following link for more information and applications:
The Enterprise team give out funding awards each year in order to support students testing out business ideas, developing existing ones or £10,000 to develop a new prototype. Read on to hear from some of our winners from last year who were granted funding of £10,000. For more information of how you can receive these awards, see here.
TakeIn is an alternative takeaway app developed by Soham Trivedi and Geeta Patel, left). The app delivers home cooked food directly to the user’s home. They were inspired by the idea of sharing authentically cooked meals and intend to challenge the idea that takeaway food is unhealthy. In 5 years’ time, they hope to become the biggest food delivery provider in the UK, as well as completely redesigning the British takeaway marketplace.
How have you interacted with the Queen Mary Enterprise Programme?
We entered the Queen Mary Enterprise Programme when we applied for the Build It award. Having entered online, we were contacted to prepare a short presentation followed by questions from the panel. Following this we heard that we have been awarded the funding and could being testing out our business idea.
What was the most useful aspect of the support provided?
It is valuable to have input from an experienced individual in the Enterprise team through appointments and they have provided us with inspiration regarding how to progress with our idea and where to find various resources. For example, they have connected us with The Prince’s Trust Enterprise Programme who have a lot of home food businesses that will be able to make use of our app. There is lots of support available that would otherwise be unknown to us.
Global Entrepreneur Week is a global celebration of the entrepreneur ecosystem, and during one week there will be workshops and support for every stage of the entrepreneur’s journey, as well of thousands of start-ups that are launched.
qEnterprise are participating in this week-long festival and have kicked off with a 3 day Start-up event which will be featured in tomorrow’s blog. Read on to hear about some upcoming events and activities …
Crowdfund Your Idea: Tuesday 15th November 1pm – 2pm
On Tuesday we will have a workshop called “Crowdfund Your Idea”, which will be delivered by Seedrs and will help you to develop a successful crowdfunding campaign. Until recently, raising funds for business focused on acquiring large amounts of money from very few people. Crowdfunding involves raising finance by asking large numbers of people to give you small amounts of money. If you need money and support to make your creative idea or business come to life, this interactive session will introduce the concept of crowdfunding and will outline how you should make a successful campaign.
Please register for the event here.
Maker’s Market: Wednesday 16th November 12pm – 2pm
On Wednesday we will host the Maker’s Market in The Blomeley Rooms from 12pm – 2pm. The Maker’s Market will see students, as well as people in the community, sell a variety of different products and promote their services. We have a diverse range of goods on offer including vintage clothing, jewellery and clay art, and we also have lots of food on offer such as Turkish street food, brownies and sweet tarts, so please do pop in.
We also have a number of student societies promoting what they do so come and see what’s going on. Please register for the event here.
Are you good at spotting solutions to problems? Would you like to join an entrepreneurial community to test or grow an idea?
Queen Mary’s start-up incubator ‘InQUBEate‘ provides seed funding, mentoring and training to help students and graduates to test and develop entrepreneurial ideas.
You can apply for funds of £500, £5,000 or £10,000 to test, grow or build ideas with the support of a team of mentors from different industries.
This year we have £5000 of funding from the Life Sciences Funding Initiative ring-fenced for ideas for social enterprises that could improve health and well-being in Tower Hamlets.
The next deadline to apply is 5th October – visit www.careers.qmul.ac.uk/enterprise/Funding for full details.
Are you interested in starting your own business, developing an existing idea or networking with other aspiring and established entrepreneurs?
Do you want to develop your employability skills?
The Enterprise team can help you achieve these goals whether you want to start a business or learn more about the process itself. If you have a creative idea or an existing business that you want to expand, we can provide you with the funding, mentoring and skills that you need to succeed.
We provide seed funding, an incubator programme, mentoring, enterprise boot camps, specialist workshops, free stalls at markets both on and off campus, pitching events and talks from local entrepreneurs. To sign up to any of our events visit https://careersandenterpriseevents.wordpress.com/
InQUBEate is Queen Mary’s 8 week start-up incubator programme, which has places for students to join in Semesters 1 and 2. During the programme you will have weekly meetings with mentors from a range of industries, receive training on a range of topics including marketing and legal issues, meet like-minded students to share your ideas with, and pitch for funding to a panel of judges.
Joe Cronin, Application Adviser
There are currently more PhD scholarships available in Humanities and Social Science subjects in the UK than at any point in recent history. While this is undoubtedly a blessing for anyone considering embarking on doctoral study in these areas, there are some factors to bear in mind:
It’s more worthwhile than ever to try to find funding. Some students are in the fortunate position of being able to fund their own doctoral research (in 2016/17, annual fees for full-time research courses at QMUL will be £4,121 for home students, and £13,400 for overseas students). However, with the range of funding now available, try to find a suitable scholarship – even if you don’t feel your academic credentials are ‘exemplary’. Most PhD studentships will cover not only your course fees, but will also provide a maintenance allowance. Even if you are able to cover these costs yourself, a scholarship also adds prestige to your work (someone is actually paying you to study!) and will bolster your CV when it comes to applying for future positions. You can find plenty of PhD scholarships advertised on jobs.ac.uk (scroll to the bottom and click on ‘PhD’ in the
On Tuesday we celebrated another great year for the enterprise programme at our end of year social event. Mentors and students gathered to hear updates from our students who had launched ideas via our 3 day start-up bootcamps or winners of our Try It, Grow It and Build It awards.
Among these were medical engineering student Ross Ward (pictured top right), winner of a £10,000 Build It award to develop a prototype for a device that will help with stroke rehabilitation, and law student Sana Shafi (pictured top middle), who used the East London Social Hack bootcamp to develop her idea of a community legal advice service.
This year the enterprise programme has engaged over 1300 students through our events including the Makers Market, the East London Social Hack and 3 Day Start Up weekends. 30 students have taken part in InQUBEate, our start-up incubator that offers training and mentoring to students and graduate entrepreneurs. 90 students have developed or launched new business ideas via our bootcamps or incubator, and 19 of these students have been awarded a total of £54,000 to seed fund their business ideas.
If you’re interested in starting a business, developing your entrepreneurial skills at one of our events or simply finding out more about what we do to support enterprise, visit http://www.careers.qmul.ac.uk/students/enterprise/index.html