Accessing external support for your business
We work closely with a variety of external support organisations to help our start-ups access appropriate funding. Our team can help with applications for grants and competitions to get your business to the next stage of growth. This list is not exhaustive and is always changing, so be sure to check back for updates!
Converge Challenge is a high profile Scotland-wide company creation competition and entrepreneurship development programme aimed at creating a new generation of entrepreneurs in Scotland.
Converge Challenge has three categories:
- Converge Challenge - £130,000+ prize fund
- KickStart Award - £10,000 prize fund for early-stage ideas
- Social Enterprise Award - £20,000+ prize fund
Converge Challenge is open to all staff and students at any Scottish University. It's also open to recent graduates from any Scottish University up to 12 months after graduating if supported by a University.
Applications are accepted March through April each year, with training and final business competition taking place between May and September.
The application deadline for Converge Challenge is 29th March 2018.
Royal Society of Edinburgh Enterprise Fellowships
The Royal Society of Edinburgh Enterprise Fellowships enable promising science and technology researchers to develop into successful entrepreneurs.
Awardees get to focus on refining their business ideas, while receiving one year’s salary, expert training in entrepreneurship and access to mentorship from business Fellows of the Royal Society of Edinburgh (RSE) along with other successful entrepreneurs in the business community.
Enterprise Fellows are hosted by a university or research institute for the 12-month duration of the Fellowship. Please be sure to contact firstname.lastname@example.org if you're thinking of applying for an RSE Enterprise Fellowship.
The next deadline for RSE Enterprise Fellowships is 16th April 2018. Due to a high volume of interest, SEN is only able to support a limited number of applications per funding round. You must send a first draft of your application to a member of the SEN Team by Tuesday 20th March in order to be considered for support by the University of Strathclyde.
Royal Academy of Engineering Enterprise Fellowships
Enterprise Fellowships support the founders and leaders of tomorrow’s high-tech companies. These awards provide up to £60,000 in funding, as well as 'money-can’t-buy' bespoke support and one-to-one mentoring from the Academy’s Fellowship.
The Fellowship is composed of some of the country’s most successful engineers from across academia and industry. Fellowships are available to both university-based academics of any experience level who wish to spin out a company, and also to recent graduates wishing to create a company.
University Enterprise Fellowships
Applicants must be working in research at a UK Higher Education Institution, in an engineering department (or engineering-focused research area), and must have a PhD or equivalent experience. The Host Institution must be committed to transferring and exploiting the particular technology via a spin-out, in which the Enterprise Fellow will be playing a leading role (CEO/COO).
Graduate Enterprise Fellowships
Applicants must be based in the UK and be currently studying for, or have been awarded their very first degree, no earlier than 1 January 2012. The degree must be in engineering, design, IT, or a related discipline. Undergraduate students are eligible to apply but must receive their degree before they start the Fellowship.
Check the RAE website for 2018 deadlines.
Santander Universities Entrepreneurship AwardsEach year Strathclyde Entrepreneurial Network (SEN) looks for the University’s top entrepreneurs to take part in the Santander Universities Entrepreneurship Awards: the UKs largest student and graduate business pitching competition.
Apply for our internal round of the competition and you could be nominated to represent Strathclyde in the national Santander Entrepreneurship Awards and win up to £25,000 in business support in two categories:
All University of Strathclyde students (undergraduate, MSc and PhD) and alumni within 5 years of graduation.
Register with the SEN community and attend our Business Model Canvas workshops to begin the application process. Application deadline is the 12th of March, 2018.
Scottish EDGEScottish EDGE is a competition aimed at identifying and supporting Scotland’s up-and-coming, innovative, high-growth potential entrepreneurial talent.
Scottish EDGE has four categories:
- Scottish EDGE – for incorporated companies which have been in operation for no more than 5 years
- Higgs EDGE – for high growth and scalable businesses with a key focus in the Science, Technology or Engineering Sector
- Wild Card EDGE – open to all companies or sole traders/partnerships who are pre-trading
- Young EDGE – for companies or sole traders/partnerships who’s Directors are all aged between 18-30 years old
Scottish EDGE Round 12 is now open until 7th March 2018.
Scottish Institute for Enterprise (SIE) Fresh Ideas CompetitionThe SIE Fresh Ideas competition allows you to develop your business idea into a real business venture.
The process is designed to help you develop your business know-how and show you how to turn a good idea into a successful new business. So even if you’re not a winner, you’ll still benefit from our help and be in a great position to take the next steps.
Students or recent graduates (within 2 years) at a Scottish University or College
Monthly winners are chosen October – January every year.